Latest news with #Acquiror
Toronto Star
2 days ago
- Business
- Toronto Star
ERAG Energie & Rohstoff AG Announces Acquisition of Shares of Belmont Resources Inc.
VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) — ERAG Energie & Rohstoff AG PCC (the 'Acquiror), a private investment a private investment holding company incorporated in Liechtenstein, announces that on July 17, 2025, the Acquiror, along with two joint actors HMS Bergbau AG ('HMS') and LaVo Verwaltungsgesellschaft MBH ('LaVo'), acquired Common Shares of Belmont Resources Inc. (TSX-V: BEA) (the 'Issuer'). The Issuer completed a private placement of Common Shares, issuing a total of 26,300,00 shares at a price of $0.045 per share for proceeds of $1,183,500 (the 'Private Placement'). Under the Private Placement, the Acquiror purchased 4,000,000 Common Shares, HMS purchased 15,000,000 Common Shares and LaVo purchased 7,300,000 Common Shares. The Private Placement was the second tranche of a larger private placement in which the Issuer issued a total of 30,300,000 Common Shares.
Hamilton Spectator
2 days ago
- Business
- Hamilton Spectator
ERAG Energie & Rohstoff AG Announces Acquisition of Shares of Belmont Resources Inc.
VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) — ERAG Energie & Rohstoff AG PCC (the 'Acquiror), a private investment a private investment holding company incorporated in Liechtenstein, announces that on July 17, 2025, the Acquiror, along with two joint actors HMS Bergbau AG ('HMS') and LaVo Verwaltungsgesellschaft MBH ('LaVo'), acquired Common Shares of Belmont Resources Inc. (TSX-V: BEA) (the 'Issuer'). The Issuer completed a private placement of Common Shares, issuing a total of 26,300,00 shares at a price of $0.045 per share for proceeds of $1,183,500 (the 'Private Placement'). Under the Private Placement, the Acquiror purchased 4,000,000 Common Shares, HMS purchased 15,000,000 Common Shares and LaVo purchased 7,300,000 Common Shares. The Private Placement was the second tranche of a larger private placement in which the Issuer issued a total of 30,300,000 Common Shares. Immediately prior to the closing of the Private Placement, the Acquiror held 14,000,000 Common Shares of the Issuer and HMS held 9,200,000 Common Shares of the Issuer, for a total combined holding of 23,200,000 Common Shares, representing approximately 21.8% of the Issuer's issued and outstanding Shares . As a result of the completion of the Private Placement, the Acquiror now holds 18,000,000 Common Shares, HMS holds 24,200,000 Common Shares and LaVo holds 7,300,000 Common Shares, for combined holdings of 49,500,000 Common Shares, representing approximately 37.4% of the Issuer's issued and outstanding Common Shares. The Acquiror, HMS and LaVo purchased Common Shares under the Private Placement for business and investment purposes. The Acquiror, HMS and LaVo may, depending on market and other conditions, increase or decrease their beneficial ownership of or control or direction over the Issuer's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities. The Acquiror has filed an Early Warning Report pursuant to National Instrument 62-103F1 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues describing the above transaction with the applicable securities regulatory authorities. To obtain a copy of the early warning report filed by the Acquiror, please contact the Acquiror c/o Gritt Bürger at +41 79 214 1614 or refer to the Company's SEDAR+ profile at . ERAG Energie & Rohstoff AG PCC Concordanz Anstalt Austrasse 42 9490 Vaduz Liechtenstein Gritt Bürger, Director finance@
Cision Canada
16-07-2025
- Business
- Cision Canada
IAN ROGERS INCREASES HOLDINGS IN LINCOLN GOLD MINING INC.
VANCOUVER, BC, July 16, 2025 /CNW/ - Ian Rogers (the " Acquiror") announces that on July 14, 2025 and July 15, 2025, the Acquiror completed transactions to acquire 4,500,000 common shares (the " LMG Shares") of Lincoln Gold Mining Inc. (" LMG") (TSXV: LMG) at a price of $0.20 per LMG Share, for aggregate consideration of $900,000.00. Immediately following the acquisition, the Acquiror had beneficial ownership, and control and direction of, a total of 4,942,000 LMG Shares, representing approximately 21.91% of the outstanding LMG Shares as of the date hereof (based on there being 22,559,831 LMG Shares outstanding per LMG's Management's Discussion and Analysis for the three months ended March 31, 2025). Immediately prior to the acquisition, the Acquiror had beneficial ownership, and control and direction of, 442,000 LMG Shares, representing approximately 1.96% of the outstanding LMG Shares. The acquisition was made through the facilities of the TSX Venture Exchange in reliance on the "private agreement exemption" contained in section 4.2 of National Instrument 62-104 - Take-Over Bids and Issuer Bids (" NI 62-104") on the basis that the purchase of the LMG Shares was not made from more than five persons in the aggregate, the offer to purchase was not made generally to all holders of LMG Shares, and the value of the consideration paid for the LMG Shares by the Acquiror pursuant to the acquisition, including any fees and commissions, was not greater than 115% of the market price of LMG Shares at the date of the acquisition as determined in accordance with NI 62-104. On April 15, 2025, certain holders of LMG Shares (the " Shareholders for Accountability") announced that they had requisitioned an annual and special meeting of shareholders for certain purposes, including to fix the number of directors of LMG at three and to elect a current director, Matthew Mikulic, and the Acquiror as the directors of LMG. The Acquiror intends to vote his LMG Shares in support of the Shareholders for Accountability at LMG's shareholder meeting scheduled for August 15, 2025. The Acquiror will continue to monitor the business, prospects, financial condition and potential capital requirements of LMG. Depending on the Acquiror's evaluation of these and other factors, the Acquiror may from time to time in the future decrease or increase, directly or indirectly, his ownership, control or direction over securities of LMG through market transactions, private agreements, subscriptions from treasury or otherwise, or may in the future develop plans or intentions relating to any of the other actions listed in paragraphs (a) through (k) of Item 5 of Form 62-103F1 – Required Disclosure under the Early Warning Requirements. LMG's head office is located at 789 West Pender St., Suite 400, Vancouver, British Columbia V6C 1H2. The LMG Shares are listed on the TSX Venture Exchange under the symbol LMG. A copy of the Early Warning Report to be filed by the Acquiror will be available on SEDAR+ under LMG's profile on For more information, or to obtain a copy of the Early Warning Report, please contact:
Cision Canada
07-07-2025
- Business
- Cision Canada
ACQUISITION OF COMMON SHARES AND WARRANTS OF ATLAS ENERGY CORP. BY RICHARD F. MCHARDY
CALGARY, AB, July 7, 2025 /CNW/ - Pursuant to the early warning requirements of applicable Canadian securities laws, Richard F. McHardy (" Acquiror") reports that, on June 19, 2025, the Acquiror, together with joint actors, acquired an aggregate of 64,400,000 common shares (" Common Shares") in the capital of Atlas Energy Corp. (" Atlas" or the " Company") and 64,400,000 Common Share purchase warrants (" Warrants") for a total purchase price of $3.2 million under a non-brokered private placement of 300,000,000 Common Shares and 300,000,000 units (" Units") of the Company at a price of CDN$0.05 per Common Share and Unit, as applicable (the " Private Placement"). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CDN$0.05 (the " Exercise Price") per Common Share at any time prior to June 19, 2025. The Warrants will vest and become exercisable as to one-third upon the 10-day weighted average trading price of the Common Shares (the " Market Price") equaling or exceeding 50% above the Exercise Price, an additional one-third upon the Market Price equaling or exceeding 75% above the Exercise Price and a final one-third upon the Market Price equaling or exceeding 100% above the Exercise Price. Concurrent with the Private Placement, the Company: (a) changed its name to "Atlas Energy Corp." from "Willow Biosciences Inc."; (b) consolidated its Common Shares on the basis of one (1) post-consolidation Common Share for every five (5) pre-consolidation Common Shares (the " Consolidation"); (c) appointed a new management team (the " New Executive Team") led by Mark Hodgson as President and Chief Executive Officer, Travis Doupe as Chief Financial Officer, Don Kornelsen as Vice President, Commercial, Ryan Giroux as Vice President, Corporate Development and Blair Anderson as Vice President, Geoscience of the Company and Richard Naden as a Senior Executive; and (d) reconstituted its board of directors, with the new board being comprised of Mark Hodgson, Richard F. McHardy, Gary Brown, Glenn McNamara and Scott Price. For the purposes of this Press Release, all figures are presented on a post-Consolidation basis. The New Executive Team will focus on investing in producing and growth-oriented oil and gas assets aligned with their prior operating expertise. With a disciplined and diversified strategy, the Company will aim to acquire economic interests in undercapitalized assets that have been overlooked amid recent shifts in capital allocation within the industry. The portfolio will be structured to manage risk and capture upside by balancing exposure across jurisdictions, asset stages, commodity price dynamics and offtake structures. The Company is uniquely positioned as one of the only royalty and streaming platforms dedicated to international oil and gas - offering a rare opportunity to generate strong shareholder returns in an underserved segment of the market. Immediately following the completion of the Private Placement, Acquiror beneficially owned or controlled, directly or indirectly, 64,400,000 Common Shares and 64,400,000 Warrants pursuant to the Private Placement, representing 10.23% (on a non-diluted basis) and 18.56% (on a fully diluted basis) of the voting securities of the Company. Prior to the Private Placement, Acquiror did not hold any securities of Atlas. Acquiror acquired the Common Shares and Warrants for investment purposes and may, in the future, increase or decrease its ownership of securities of Atlas, directly or indirectly, from time to time depending upon, among other things, the business and prospects of Atlas and future market conditions. For further details regarding the acquisition of the Common Shares and Warrants described above, see the Early Warning Report dated July 4, 2025, available on the Company's SEDAR+ profile. SOURCE Richard F. McHardy
Cision Canada
17-06-2025
- Business
- Cision Canada
Tether Investments Announces Acquisition of Additional Securities of Elemental Altus Royalties Corp.
SAN SALVADOR, Republic of El Salvador, June 17, 2025 /CNW/ - Tether Investments S.A. de C.V. (the " Acquiror") announces the acquisition of additional common shares (the " Common Shares") of Elemental Altus Royalties Corp. (" Elemental"), a gold-focused royalty company listed in Canada. This announcement is made pursuant to the "early warning" requirements of Canadian securities legislation. The Acquiror has or will shortly be filing an early warning report in respect of this announcement on Elemental's SEDAR+ profile at (the " Early Warning Report"). On June 16, 2025, the Acquiror purchased, pursuant to a private agreement in a transaction outside of Canada, an aggregate of 10,000,000 Common Shares (the " Purchased Shares"). Prior to the acquisition of the Purchased Shares, the Acquiror owned and had control over an aggregate of 82,782,291 Common Shares, representing approximately 33.7% of the issued and outstanding Common Shares. Immediately following the completion of the acquisition of the Purchased Shares, the Acquiror owned and controlled an aggregate of 92,782,291 Common Shares, representing approximately 37.8% of the issued and outstanding Common Shares. The aggregate purchase price paid by the Acquiror for the acquisition of the Purchased Shares was CAD$15,500,000, representing a price per Purchased Share of CAD$1.55. The acquisition of the Purchased Shares was conducted via private agreement outside of Canada and not through any stock exchange or other securities market. The Acquiror remains a party to an option agreement dated June 10, 2025 (the " Option Agreement") pursuant to which the Acquiror has the option to acquire (but not the obligation to acquire), in an offshore transaction, and subject to certain terms and conditions, an aggregate of 33,444,580 Common Shares from a third party (the " Option Shares"). The option has not been exercised and may not be exercised prior to October 29, 2025 without the consent of Elemental. If the Option Shares are acquired by the Acquiror pursuant to the Option Agreement, assuming no intervening Common Shares are acquired by the Acquiror or issued by Elemental (and assuming no additional Common Shares subsequently form part of the Option Shares), the Acquiror would own and control 127,226,871 Common Shares of the Issuer, representing approximately 51.8% of the issued and outstanding Common Shares. For more information relating to the Option Agreement, please refer to the Acquiror's press release issued June 10, 2025 and its related early warning report dated the same date and filed on Elemental's SEDAR+ profile at The Acquiror acquired the Purchased Shares for investment purposes. Depending on market conditions, general economic and industry conditions, Elemental's business and financial condition and/or other relevant factors, the Acquiror may, from time to time, acquire additional Common Shares or other securities of Elemental (including the Option Shares) through market transactions, private agreements, treasury issuances or otherwise, or disposing of all or some of its Common Shares. The Acquiror intends to engage with management of Elemental and may develop plans or intentions in the future with respect to other of the matters listed in clauses (a) through (k) of Item 5 of its Early Warning Report as it deems appropriate, including without limitation, seeking board representation, or making proposals to Elemental concerning changes to its capitalization, ownership structure or operations. The acquisition of the Purchased Shares occurred in a transaction outside of Canada to which take-over bid requirements of Canadian securities laws do not apply, however the acquisition also meets the conditions of Section 4.2 of National Instrument 62-104 – Take-Over Bids and Issuer Bids. The head office of Elemental is Suite 1020 – 800 West Pender Vancouver, British Columbia V6C 2V6, Canada. Tether Investments is a corporation existing under the laws of the Republic of El Salvador and is an affiliate of the Tether group of companies. Tether Investments is focused on strategic investments that complement its vision for open financial systems supported by digital and real-world assets. The head office address of Tether Investments is Final Av. La Revolucion, Colonia San Benito, Edif. Centro, Corporativo, Presidente Plaza, Nivel 12, Oficina 2, Distrito de San Salvador, Municipality of San Salvador Centro, Republic of El Salvador. The Acquiror will send a copy of its Early Warning Report relating to this announcement promptly to any person requesting it. SOURCE Tether Investments S.A. de C.V.
