Magna Gold (TSXV: MGR) closed its previously announced financing. The company managed to raise gross proceeds of $ 10.0 million through a long round of fundraising that the company launched in May 2021 with Delbrook Capital Advisors. Originally advertised as a “founding and strategic shareholder financing” of the company, in May, when the financing was …

Avoiding new technologies and new ways of doing business has never yielded positive results; crypto is no different. Getty Getty Images Given the recent deluge of cryptographic coverage and analysis, between legislation, regulation and market opinion, it would be understandable that a certain thread had passed under the radar; the link between crypto-assets and national …

NEW YORK, July 28, 2021 / PRNewswire / – Backcast Partners Management, LLC (“Backcast”), a provider of debt and equity capital to private and private equity capital firms in the middle market, is pleased to announce a recent investment by Follow-up supporting the acquisition of a leading Canadian HVACR services company by its existing holding …

“With our recently closed $ 23.6 million the supply of shares and total debt currently standing at $ 31.6 million – of which only $ 3.8 million is expected over the next twelve months – High Tide’s financial strength has never been stronger. Having declared an adjusted EBITDA of $ 4.6 million for our last …

Cansortium Inc (CSE: TIUM.u) has entered into a senior secured term loan facility. The term loan, set at US $ 71 million, was entered into through a syndicate of US-based institutional lenders. The $ 71 million term loan contains a maturity date of April 29, 2025, while bearing interest at a rate of 13% per …

GTEC Holdings (TSXV: GTEC) announced this morning that it had cleared all its unpaid debts. In particular, the company repaid two senior secured promissory notes. The notes, which were held by NFS Leasing Canada, totaled $ 6.0 million and were reportedly fully refunded last Friday. The repayment, along with the debt repaid in March, would …

International Finance Corporation (IFC) plans to invest $ 100 million in the secured debt of Hero Fincorp Ltd belongs to the Hero group. See Zee Business Live TV Streaming below: Hero Fincorp mainly finances the purchase of two-wheelers, loans to micro, small and medium-sized enterprises (MSMEs), personal loans, used car loans and business loans, the …

RICHMOND, Virginia., February 15, 2021 / PRNewswire / – West Creek, a fast growing consumer finance provider, has entered into a new secured credit facility from Credit Suisse and a fund managed by Neuberger Berman. Sector Financial, a subsidiary of Credit Suisse, provided access to the Credit Suisse credit facility. This new facility increases West …

AMC Entertainment Shares (AMC) – Get a report jumped further on Tuesday after the theater operator said it was issuing $ 100 million in five-year guaranteed tickets. AMC shares at last check jumped 27% to $ 2.95. It traded as high as $ 3.20 on Tuesday. In December, the Leawood-based company, Kan., Secured a debt …

Key points to remember The UK Treasury (aka Her Majesty’s Treasury) has released a new report on cryptocurrency regulation. The report states that there are three broad categories of digital tokens: e-money tokens, security tokens, and unregulated tokens. XRP has been listed under unregulated tokens, along with Bitcoin and Ethereum, which implies that it is …