Our little Lithium play-- Lithium Ionic Corp. (LTHCF) Other OTC - Other OTC Delayed Price. 1.8900+0.1450 (+8.31%)
TORONTO, July 13, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. and Canaccord Genuity Corp. as co-lead underwriters on behalf of a syndicate of underwriters (collectively, the "Underwriters") to purchase, on a bought deal private placement basis, 11,904,900 common shares of the Company (the "Common Shares") at a price of $2.10 per Common Share, for aggregate gross proceeds of $25,000,290 (the "Offering"). The Company has also granted to the Underwriters an option to purchase an additional 1,785,735 Common Shares at the same price, exercisable by the Underwriters for a period of up to two days prior to closing for additional gross proceeds of up to $3,750,044. Lithium Ionic plans to use the net proceeds of the Offering for mineral exploration and development activities at its Brazilian properties and for working capital requirements and general corporate purposes. Raised money at $2.10 stk at $1.89
--Wildpack Beverage reports $7.6M in confirmed customer orders for June » 07:36 WLDPF Description Wildpack Beverage Inc. engages in can filling and decorating business. The company offers can sleeving and labelling; beverage co-packing; can packaging; and private label services, as well as warehousing services. It also engages in the sourcing and brokering of aluminum cans, can ends, cartons, trays, and tertiary packaging. Wildpack Beverage Inc. is based in Vancouver, Canada. Wildpack Beverage reports Q4 revenue $9.76M vs. $6.64M last year » 07:37 WLDPF
LION ELECTRIC ANNOUNCES FINANCING TRANSACTIONS FOR APPROXIMATE AGGREGATE GROSS PROCEEDS OF US$142 MILLION- Combined financing transactions representing aggregate gross proceeds of approximately US$142 million provides flexibility to execute growth plans; Company to extend the maturity of its senior credit facilities by one year to August, 2025 concurrently with closing; Company to cancel its ATM program. MONTREAL, July 17, 2023 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today that the Company has entered into subscription agreements with investors contemplating concurrent financing transactions for aggregate gross proceeds to the Company of approximately US$142 million (the "Financing"). The Financing consists of (i) the issuance by way of private placement of 13% senior unsecured convertible debentures for aggregate gross proceeds to the Company of approximately US$74 million (the "Convertible Debentures") to a group of subscribers comprised of Investissement Québec ("IQ"), Fonds de solidarité des travailleurs du Québec (F.T.Q.) and Fondaction, (ii) the issuance by way of private placement of 11% senior secured non-convertible debentures for aggregate gross proceeds to the Company of C$90 million (the "Non-Convertible Debentures") to a group of subscribers led by Mach Group and the Mirella & Lino Saputo Foundation, and (iii) the issuance by way of private placement to the holders of Non-Convertible Debentures of a number of common share purchase warrants entitling them to purchase a total of 22,500,000 common shares in the capital of the company ("Common Shares") at an exercise price of C$2.81 per share for the period described below. The Company intends to use the net proceeds from the Financing to fund working capital, strengthen its financial position, and allow it to continue to pursue its growth strategy, including the Company's capacity expansion projects in Mirabel, Quebec and Joliet, Illinois. The Financing is expected to close on or about July 19, 2023 Mon, July 17, 2023 at 7:30 AM EDT Pattern Bullish
The Lion Electric Company (LEV) NYSE - NYSE Delayed Price. 2.1200-0.0700 (-3.20%) At close: July 14 04:00PM EDT 2.2800 +0.16 (+7.55%)<---------- Pre-Market: 08:00AM EDT
Rekor Systems sees Q2 gross revenue exceeding $8M vs. $3.7M last year » 07:34 REKR Azek price target raised to $39 from $33 at Loop Capital » 07:36 AZEK
FormFactor downgraded to Market Perform at Northland on valuation » 07:21 On Holding initiated with an Outperform at TD Cowen » 07:20 ONON