PRESS RELEASE
News
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PRESS RELEASE
USfalcon Inc., a Member of Gemini Technical Services JV, Awarded Space Force, Space Training and Readiness Command - 3IS III
USfalcon Inc., in partnership with Gemini Technical Services JV LLC, has been awarded a significant contract to provide Innovation, Integration, and Information Support to Space Training and Readiness Command (STARCOM) of the U.S. Department of Defense. This $350,000,000 contract will contribute to military training, exercises, test and evaluation, wargames, and information technology to support frontline warfighters. The project is expected to be completed by December 31, 2030, with services being performed in Colorado Springs, Colorado. -
PRESS RELEASE
Final Bell Holdings International Completes CDN$1,370,000 Non-Brokered Private Placement
Final Bell Holdings International Ltd. announces the successful completion of a non-brokered private placement, raising approximately CDN$1,370,000 for the issuance of Class A Subordinate Voting Shares. The completion of the placement triggers the mandatory conversion of subordinated convertible notes into SV Shares. The company's securities are currently under a cease trade order by the BCSC, issued due to delayed filing of financial statements, and intends to apply for a full revocation upon completion of the audit. The proceeds will primarily be used for audit-related costs, and the private placement is considered a related party transaction. The securities issued are subject to statutory hold periods and are not registered under the U.S. Securities Act. -
PRESS RELEASE
Seyond to Deliver High-Performance LiDAR to Avikus for Autonomous Boat Technology
Seyond and Avikus have reached a significant milestone in their collaboration, with Seyond set to deliver its ultra-long range LiDAR sensor, Falcon, to Avikus for use in autonomous boating technology. This partnership promises to enhance safety and navigation in the boating industry, with the introduction of new models leveraging Falcon's 500-meter detection range. -
PRESS RELEASE
Liberty Offers Support to Businesses Focused on Future Innovation
Amid challenging market conditions, Liberty emphasizes the availability of support for business owners to facilitate investment and expansion. As businesses face cost-of-living pressures and financial barriers, Liberty provides tailored non-bank lending solutions to help them grow and adapt to changing economic landscapes. With a focus on flexibility and quick funding turnaround times, Liberty aims to empower business owners to invest in initiatives for future success. -
PRESS RELEASE
GFI Announces Signing of Definitive Agreements for Investments in Its Pet Food Division
Global Food and Ingredients Ltd. (TSXV:PEAS) has announced the successful completion of transactions raising $12.3 million in investment capital. This includes $11.8 million for its pet food division, Big Sky Milling Inc., and an additional $0.5 million for the core ingredients division. These funds will be used to refinance existing loans and support further growth. The Pet Food Transaction also involves the issuance of warrants and a two-year committed debt facility. The Subordinated Loan from 35 Oak Holdings Ltd. will further bolster the company's core ingredients division. The transactions are expected to close on or about January 31, 2024, subject to regulatory and financing approvals. For more information, visit www.gfiglobalfood.com. -
PRESS RELEASE
Loop Industries Announces MOU For US$66 Million of Non-Dilutive Financing from Reed Management, as Part of a Joint Venture for European Infinite Loop(TM) Technology Roll-Out
Loop Industries, Inc. has announced a non-binding Memorandum of Understanding with Reed Management for a strategic partnership to commercialize Loop's technology in Europe. The partnership includes a joint venture and financing of €60 million in non-dilutive capital from Reed. The press release details the investment structure and the potential impact of the partnership on Loop's strategic development and shareholder value. -
PRESS RELEASE
Loop Industries annonce la signature d'un protocole d'accord pour un financement non dilutif de 66 millions de dollars Américains avec Reed Management, dans le cadre d’une coentreprise pour le déploiement d’Infinite Loop(mc) en Europe
Loop Industries, Inc. annonce un partenariat stratégique avec Reed Management pour le déploiement de sa technologie en Europe. Ce partenariat permettra de financer la commercialisation de la technologie de Loop en Europe -
PRESS RELEASE
Loop Industries Reports Third Quarter Fiscal 2024 Results and Provides Updates on Business Developments
Loop Industries, Inc. (Nasdaq:LOOP) announced a non-binding Memorandum of Understanding with Reed Management for US$66 million in non-dilutive financing as part of a joint venture to roll out Loop's technology in the European market. The JV aims to commercialize Loop's technology in Europe and will provide funding for the development of projects, including the construction of an Infinite LoopTM plant in Saint-Avold, France. The partnership allows Loop Industries to reduce the funding needs for its equity contributions and receive royalty and engineering fees directly from the planned facilities in Europe. The non-binding MOU is subject to customary due diligence and is expected to close by the end of March 2024. Loop's CEO, Daniel Solomita, expressed excitement about the partnership and the potential for Loop's groundbreaking technology as global brands adapt to increasingly stringent regulatory requirements for plastic recycling. -
PRESS RELEASE
Carbon Capture & Utilization Pioneer Blue Planet Systems Announces New Strategic Funding to Advance Commercialization of Technology
Blue Planet Systems Corporation has announced the completion of new funding and a strategic collaboration with Marathon Petroleum Corporation to advance the commercialization of its Geomimetic® mineralization approach, which sequesters and permanently stores CO2 in synthetic limestone aggregate. The funding and collaboration will support the enhancement of production and technology readiness level of Blue Planet's carbon mineralization facility on the San Francisco Bay. This technology is seen as a critical alternative to traditional carbon capture approaches, as it mimics the low energy chemistry in nature responsible for the formation of limestone.
