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UFAB. 8K today....The Company plans to notify the Exchange that it intends to submit a plan to cure this deficiency and return to compliance with the NYSE American continued listing requirements.
NVOS . Nice terms their on news. grabbed a few
Novo Integrated Sciences Signs Agreements For An Unsecured, Non-Dilutive Debt Instrument With A Principal Sum Of $70M
8:11 am ET April 27, 2023 (Benzinga) Print
The Company to Receive a Lump Sum of $57,000,000
Note has a non-compounding yield of 1.52% (zero coupon) per annum
Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the "Company" or "Novo"), today announced the issuance of an unsecured 15-year $70,000,000 promissory note with RC Consulting LLC in favor of SCP Tourbillion Monaco (the "Buyer"), for a lump sum debt funding of $57,000,000. The note provides for a yield (non-compounding) of 1.52% (zero coupon) per annum and a maturity date 15 years from the date of issuance. The Note is unsecured and there is no provision for the conversion of debt, issuance of any class of shares, or the grant of any warrants by the Company to the Buyer.
Robert Mattacchione, Novo's CEO and Chairman of the Board, stated, "In today's environment of tight capital markets and expensive capital raises, this $57,000,000 cash infusion will provide the Company with the foundational capital and repayment terms required to support and accelerate the further implementation and growth of Novo's three-pillar business model. The non-dilutive and progressively structured facility will also allow the Company the time required to properly commercialize many of its unique assets. As we continue on our path to profitability, structured debt of this nature eases the burden of capital pursuit and allows the focus of market growth to be primary in management's objectives. Patient, non-dilutive capital greatly increases the Company's potential for true market difference."
NVOS . Nice terms their on news. grabbed a few
Novo Integrated Sciences Signs Agreements For An Unsecured, Non-Dilutive Debt Instrument With A Principal Sum Of $70M
8:11 am ET April 27, 2023 (Benzinga) Print
The Company to Receive a Lump Sum of $57,000,000
Note has a non-compounding yield of 1.52% (zero coupon) per annum
Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the "Company" or "Novo"), today announced the issuance of an unsecured 15-year $70,000,000 promissory note with RC Consulting LLC in favor of SCP Tourbillion Monaco (the "Buyer"), for a lump sum debt funding of $57,000,000. The note provides for a yield (non-compounding) of 1.52% (zero coupon) per annum and a maturity date 15 years from the date of issuance. The Note is unsecured and there is no provision for the conversion of debt, issuance of any class of shares, or the grant of any warrants by the Company to the Buyer.
Robert Mattacchione, Novo's CEO and Chairman of the Board, stated, "In today's environment of tight capital markets and expensive capital raises, this $57,000,000 cash infusion will provide the Company with the foundational capital and repayment terms required to support and accelerate the further implementation and growth of Novo's three-pillar business model. The non-dilutive and progressively structured facility will also allow the Company the time required to properly commercialize many of its unique assets. As we continue on our path to profitability, structured debt of this nature eases the burden of capital pursuit and allows the focus of market growth to be primary in management's objectives. Patient, non-dilutive capital greatly increases the Company's potential for true market difference."
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Not anything than last Q "As of October 28, 2022, the registrant had 11,733,147 shares of common stock outstanding." TDA lists institutional as 24%.
They are trying to resolve inside company accounting prob thus the NT 10K
Thats as far as I got
Picked a few UFAB as a lotto. NYSE American: UFAB OS around 12 million
Picked a few UFAB as a lotto. NYSE American: UFAB OS around 12 million
NLST Boom! Congrats to all that are in
BMXI certainly had a good day. Still holding a bunch there
We need those audited financials
GM. They need the audit to move the stock IMHO
Actually its more like Marxism
Homebuyers with good credit scores will soon encounter a costly surprise:
https://www.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/#:~:text=Mortgage%20industry%20specialists%20say%20homebuyers,socked%20with%20the%20largest%20fees
https://nypost.com/2023/04/16/how-the-us-is-subsidizing-high-risk-homebuyers-at-the-cost-of-those-with-good-credit
Ditto
If what has been bantered about on that board comes to fruition it should go big. Nice sizzle on it regardless
BMXI heading north on anticipation of Q being filed
Added a few 20s on it. Nice to see some volume there
Nice call there Rig.
SHipping....
California’s robust supply chain, which drives nearly one-third of the state’s economy, has continued to buckle under stresses from the pandemic and an ongoing labor fight between longshoremen and port operators up and down the West Coast, which has prompted many shipping companies to rely instead on ports along the Gulf and East coasts. Cargo processing at the Port of Los Angeles, a key entry point for shipments from Asia, was down 43% in February, compared with the year before.
“The longer it drags on, the more cargo will be diverted,” said Geraldine Knatz, a professor of the practice of policy and engineering at the University of Southern California, who was executive director of the Port of Los Angeles from 2006 to 2014.
https://www.yahoo.com/news/california-economy-edge-tech-layoffs-180105851.html
BMXI news.....
https://www.otcmarkets.com/otcapi/company/dns/news/document/65975/content
Brookmount Gold Corp. (Brookmount Explorations, Inc.) Expands Portfolio with a third North
American Acquisition in The Atlin Gold Belt, British Columbia, Canada.
NEW YORK, Apr. 12, 2023.- American-listed company Brookmount Gold (Brookmount
Explorations, Inc.) (OTC: BMXI) (BMXI.US) a gold mining Company operating in North America
and Asia, completed today the acquisition of 70% of a gold mining operation located in the Atlin
Gold Belt, in Canada’s North Western British Columbia.
Brookmount, whose shares currently trade in OTC Markets, plans to start exploiting the new
facility in the 3rd quarter of this year.
The acquisition is the consequence of a binding agreement signed on August 30 last year and
accordingly announced to the markets. Final acquisition has now been completed following
completion of comprehensive due diligence.
The Atlin Project, as it is known internally, covers around 100 hectares and is a historic "hard
rock" mine that has a track record of producing valuable minerals. According to the Company’s
geologists, “it has substantial room for expansion”.
Atlin has various vein structures on the property, with samples showing assays as high as 1oz
(35 grams) per tonne. Based on the developed mine levels, a block of likely ore has been
identified on the property, containing approximately 76,000 tonnes with an average grade of
0.17oz (6 grams) of gold per tonne. Currently, this resource is non NI 43-101 compliant,
Brookmount will be undertaking the necessary drilling and associated work to bring this
resource to a NI 43-101 compliant status.
"We are pleased to announce the acquisition of this, our third project in North America" said
Nils Ollquist, CEO of Brookmount Gold. "This is a strategic investment for us and aligns with our
goal of expanding our operations in developed gold markets such as USA, Canada and
Australia.. We believe that the Atlin project has great potential, and its proximity to our other
properties in Canada and Alaska should streamline production, when it comes on stream, and
reduce costs associated with gold production."
As consideration for the acquisition, Brookmount will issue 1 million restricted shares to the
vendor, along with a cash payment of $25,000. Net profit from operations at the Atlin facility
will be distributed 70% by the Company and 30% to the vendor.
The new acquisition in Canada is part of an expansion plan that aligns with Brookmount’s two
existing projects in North America, Moosehorn (Canada) and McArthur Creek (USA). The project
will facilitate integration of a hard rock mining operation with current alluvial-based projects.
Hard rock sites, such as Atlin, generally offer ore grades that are substantially higher than those
found in alluvial structures. This is a significant step in the Company’s expansion efforts in North
America, as it enhances the value of the Company's gold platform and solidifies its position as a
diverse global gold producer.
Founded in 2018, the Company is actively looking to secure additional high-quality gold assets
with JORC/NI 43-101 verified resources.
In a recent investors call, Brookmount announced its intention to file for uplisting on the
NASDAQ or NYSE American exchange, immediately after the delivery of the 3-year PCAOB audit
that is currently being finalized.
Brookmount Gold Corp (Brookmount Explorations, Inc.)
Investor Relations
ir@bmxigold.com
www.brookmountgold.com
BMXI news.....
https://www.otcmarkets.com/otcapi/company/dns/news/document/65975/content
Brookmount Gold Corp. (Brookmount Explorations, Inc.) Expands Portfolio with a third North
American Acquisition in The Atlin Gold Belt, British Columbia, Canada.
NEW YORK, Apr. 12, 2023.- American-listed company Brookmount Gold (Brookmount
Explorations, Inc.) (OTC: BMXI) (BMXI.US) a gold mining Company operating in North America
and Asia, completed today the acquisition of 70% of a gold mining operation located in the Atlin
Gold Belt, in Canada’s North Western British Columbia.
Brookmount, whose shares currently trade in OTC Markets, plans to start exploiting the new
facility in the 3rd quarter of this year.
The acquisition is the consequence of a binding agreement signed on August 30 last year and
accordingly announced to the markets. Final acquisition has now been completed following
completion of comprehensive due diligence.
The Atlin Project, as it is known internally, covers around 100 hectares and is a historic "hard
rock" mine that has a track record of producing valuable minerals. According to the Company’s
geologists, “it has substantial room for expansion”.
Atlin has various vein structures on the property, with samples showing assays as high as 1oz
(35 grams) per tonne. Based on the developed mine levels, a block of likely ore has been
identified on the property, containing approximately 76,000 tonnes with an average grade of
0.17oz (6 grams) of gold per tonne. Currently, this resource is non NI 43-101 compliant,
Brookmount will be undertaking the necessary drilling and associated work to bring this
resource to a NI 43-101 compliant status.
"We are pleased to announce the acquisition of this, our third project in North America" said
Nils Ollquist, CEO of Brookmount Gold. "This is a strategic investment for us and aligns with our
goal of expanding our operations in developed gold markets such as USA, Canada and
Australia.. We believe that the Atlin project has great potential, and its proximity to our other
properties in Canada and Alaska should streamline production, when it comes on stream, and
reduce costs associated with gold production."
As consideration for the acquisition, Brookmount will issue 1 million restricted shares to the
vendor, along with a cash payment of $25,000. Net profit from operations at the Atlin facility
will be distributed 70% by the Company and 30% to the vendor.
The new acquisition in Canada is part of an expansion plan that aligns with Brookmount’s two
existing projects in North America, Moosehorn (Canada) and McArthur Creek (USA). The project
will facilitate integration of a hard rock mining operation with current alluvial-based projects.
Hard rock sites, such as Atlin, generally offer ore grades that are substantially higher than those
found in alluvial structures. This is a significant step in the Company’s expansion efforts in North
America, as it enhances the value of the Company's gold platform and solidifies its position as a
diverse global gold producer.
Founded in 2018, the Company is actively looking to secure additional high-quality gold assets
with JORC/NI 43-101 verified resources.
In a recent investors call, Brookmount announced its intention to file for uplisting on the
NASDAQ or NYSE American exchange, immediately after the delivery of the 3-year PCAOB audit
that is currently being finalized.
Brookmount Gold Corp (Brookmount Explorations, Inc.)
Investor Relations
ir@bmxigold.com
www.brookmountgold.com
Cant turn your back for a minute.
no kidding. Pirates every one of them
Thanks. blast from the past
While America burns, Xi Jinping’s plot to dominate the world is quietly succeeding
1.8k
Douglas Murray
Fri, April 7, 2023 at 12:00 PM PDT
https://www.yahoo.com/news/while-america-burns-xi-jinping-190000822.html
It is sometimes not possible to notice great tectonic shifts. At other times it is eminently possible, and anybody with their feet on the ground can feel that ground move. So it is at the moment with the rise of China and the fall of America. Consider the events of recent weeks.
The United States has been single-mindedly focused on one story: the arraignment of a former president on charges cooked up by an ambitious Left-wing district attorney who wants to make his name by getting Donald Trump to jail. In Manhattan and Palm Beach, the media has paid for helicopters to fly overhead and capture every move of the former president. The streets have been packed with press photographers taking photos of other press photographers, all waiting for something to happen.
All the time, America’s cities – from New York to San Francisco – are rotting from the centre out, with Leftist DAs allowing theft and even violent crime on a scale that has not existed in living memory. This is presided over by a president who everybody can see is half asleep on the job and a vice-president who is not as up to speed as all that.
Meanwhile, the Chinese Communist Party has its own designs. In recent weeks, Chairman Xi popped up in the Middle East to broker a deal between the Saudis and the Iranians. The great divide in the Middle East between the Sunni bloc, dominated by Saudi Arabia, and the Shia bloc, led by Iran, suddenly appeared to reach a rapprochement.
I wouldn’t give it very much time, myself, though Saudi Arabia and Iran’s top envoys met again this week in Beijing to pose for another photo op. Still, the durability of the deal is not the real point here. The point is that it was Beijing assuming the role that Washington would once have played in power-brokering such a deal.
It was the same at the end of last month when Xi turned up in Moscow to present the Chinese plan for ending the war in Ukraine. It would allow Russia to keep the territorial gains it has made during its war of aggression. So it is not a good plan, and the Americans, among others, rejected it immediately. But the point is that it was once again the Chinese who were taking the initiative, parading around the world stage, talking and posing as the protectors of the international system.
So it was inevitable that other world leaders would eventually come to the court of the new emperor and treat him in the way that he now expects to be treated. This week, Emmanuel Macron travelled to Beijing to pay homage. There would have been a time when a French president who wanted credit for stopping a war like that in Ukraine would have gone to Washington DC for meaningful talks. Today, the French president turns up in China for meaningless ones.
Trailing a set of gifts that would have embarrassed a medieval potentate, Macron announced at their joint press conference that he knew he could rely on Xi to bring Moscow to the negotiating table. For his part, a profoundly bored-looking Xi simply said that “China is willing to jointly appeal with France to the international community to remain rational and calm”. They yesterday issued an ambiguously worded joint statement to that effect.
And that was essentially that. And this being China, naturally the “press conference” had no questions from any press. After all, you must respect the customs of the country you are in, and the custom under the communists in China is that the press writes what the government tells them to. In the CCP system, what need has the press of questions?
This is just to focus on the international diplomacy side of things. But the same applies in area after area. While we in Britain argue about things like whether or not a woman can have a penis or how “racist” we are this week, China’s top politicians and envoys are busily travelling the world making trade deals. Ever since Beijing was allowed into the World Trade Organisation in 2001 – a decision which already looks both world-historic and unwise – it has used its financial clout to simultaneously exploit the rules and break them.
Today, they are not even hiding their desire to ensure Chinese economic dominance in the 21st century. Nor are they any longer hiding their desire to leave the US dollar-dominated financial system behind them.
Just this week, China was once again in America’s own backyard. After a set of negotiations, a new agreement between China and Brazil was announced. And here is the salient factor: the deal completely bypasses the American dollar, which would once have been the standard for such negotiations. Brazil and China said that the arrangement would see yuan directly exchanged for reais, with no need to convert to US dollars.
Brazil’s Trade and Investment Promotion Agency (ApexBrasil) announced that this would both “reduce costs” and promote better bilateral trade and investment between the two countries. That was the spoken bit. The unspoken part was: and we don’t need America or its currency.
In many ways, that is not surprising. Because successive American governments – of all political stripes – have done a great deal in recent decades to diminish the standing of the US dollar. It doesn’t matter whether the president, House or Senate are Democrat or Republican, US government spending and debt just keep rocketing up and up. When Democrats are in charge, they ratchet up borrowing and lavish it on their pet projects. When Republicans are in charge, they seem to be forever surprised by events, and forever have the same response – increased government borrowing.
During the last presidency, that came about primarily as a result of the Covid pandemic when the government started splurging out cheques to get American households and businesses on their feet. There is a great debate over whether that was the right thing to do. There is no debate at all over the fact that much of this money simply disappeared.
But for China, it couldn’t have worked out better. China of course gave the world the virus – whether from a lab leak or a wet market – and caused the shutdown of the American, and global, economies.
In the wake of that, in countries like our own, the economy is only really now sputtering back to life. But the effects on the education of the next generation, the debt accumulated and much more mean we will live with the effects of the China virus for the rest of our lives. Meanwhile, Beijing won’t even co-operate in finding out how it emerged in the first place. Not a bit of it. Nothing that might slow down or distract from their agenda.
And while we distract ourselves with ridiculous and ill-informed rows about the alleged iniquities of everything in our past, China is simply getting on with its future. While our institutions bend over backwards to be as “diverse” as possible, China’s institutions simply try to become as dominant as possible. From the rise of Chinese companies to China’s increasingly aggressive behaviour towards Taiwan, Beijing is intent on its agenda while the West wobbles.
For instance, in the tech world it has been clear for years that the platform TikTok, a Chinese firm, is highly suspect. Indeed, it has long been accused of data harvesting. The platform has captivated children and teenagers in Britain and America, but it has not been allowed to trouble the youth of China.
While our children – and some adults – do the latest stupid dance for the platform, they don’t seem to have realised that they are not using a product. They are the product. Their information is the point. And what do we do about it? We have interminable discussions from Westminster to Washington about how to handle Chinese technology that may already have done its job in compromising us. And the Left worry that even raising the question might be “racist”.
The old line about Nero fiddling while Rome burns comes to mind. But what our leaders have been doing is worse than that. Our societies – and governments – have been doing silly little dances – sometimes on TikTok, sometimes, like Macron in Beijing – while the Chinese Communist Party moves the ground from under our dancing feet. If you take the long view, the things that our leaders have allowed, encouraged and been distracted by in the past 20 years make the Emperor Nero look like a model of responsibility.
Douglas Murray’s latest book, ‘The War on the West’, is out now in paperback
WSRC. picked up starter last week
Took a starter
Well its because I'm a OFWC......
Old fart with cap.
but you are right. Its all about the cash
Correct move. Still holding mine
Well that kinda B.S. is annoying
LADX. Called company. They stated no they did not receive such a payment
Not touching bank right now. There is another shoe to drop?
Holding my freebies. Will wait to add
LADX. can't find that news on their web site or anywhere. Link?
I got 50 k shares left. Freebies. Lovin life here
Boom!
Nice alert. thanks