Huliq News Tagged: "Financing"

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Crombie REIT Closes Bridge Loan Refinancing

Crombie Real Estate Investment Trust (TSX: CRR.UN) is pleased to report that it closed today the previously announced mortgage financing with HBOS Canada to refinance $100 million of the bridge loan used to partially finance the portfolio acquisition of 61 properties completed on April 22, 2008.

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Automakers launch financing schemes to boost sales

Automakers in China are joining hands with financial institutions to offer new credit deals to potential customers in the country amid market downturns, reports China Daily.

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CCL Announces Private Placement Debt Financing

CCL Industries Inc., a world leader in the development of labelling solutions and specialty packaging for the consumer products and healthcare industries, announced today that it has entered into a private placement financing of Senior Unsecured Notes with U.S. institutional investors.

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Medical Intelligence May Conclude Private Placement Financing

Medical Intelligence Technologies Inc. (TSX-V: MIZ), a provider of innovative monitoring solutions for the mobile telecare industry, today announced its intent to conclude a private placement financing of convertible debentures valued at a minimum of $1,000,000 over the next few weeks.

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Banro Closes Financing

Banro Corporation (AMEX - "BAA"; TSX - "BAA") is pleased to announce that it has closed its previously announced public offering of 11,000,000 units of the Company at a price of U.S.$1.75 per unit for gross proceeds of U.S.$19,250,000.

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Century Mining Announces $3.7 Million Financings

Century Mining Corporation (CMM: TSX-V) announced today that it has entered into a term sheet dated September 12, 2008 with U.K.-based Trafalgar Capital Specialized Investment Fund, FIS, pursuant to which Trafalgar will provide to Century a bridge loan of up to $3.5 million, to be evidenced by a redeemable secured convertible note.

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Ranaz Closes $1.8 Million Financing

Ranaz Corporation (TSX-V: RNZ), a company specialized in the manufacturing and marketing of protein and dietary supplements, is pleased to announce the closing of a $1.8 million private placement by institutional funds.

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Tamerlane Closes Flow-Through Unit Financing

Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company has closed a non-brokered private placement of 2,877,778 Flow-Through Units at a subscription price of C$0.45 per Flow-Through Unit for gross proceeds of C$1,295,000. Each Unit comprised one Common Share and One-Half of One Common Share Purchase Warrant.

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Neptune Technologies Completes Financing With Desjardins

Neptune Technologies & Bioressources Inc. (NASDAQ.NEPT - TSX.V.NTB) announced today that it has entered into a new financing arrangement with Desjardins Group, which will provide the Company with up to $8.5 million in financing. The Company expects the funds to used to improve productivity and increase production capacity in order to meet the currently rapidly growing demand for its products.

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Ruby Red Completes Financing With MineralFields

Ruby Red Resources Inc. is pleased to announce that it has completed its previously announced non-brokered private placement of units of Ruby Red to the MineralFields Group. An aggregate of 2,500,000 Units were issued at a price of $0.20 per Unit for gross proceeds of $500,000.

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Great Western Minerals Closes Flow-Through Financing

Great Western Minerals Group Ltd. is pleased to announce that it has closed its previously announced private placement financing. The Company issued 8,790,000 common shares in the capital of the Company on a flow-through basis pursuant to the Income Tax Act (Canada) at price of $0.25 per Flow-Through Share for aggregate gross proceeds of $2,197,500.

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Biosign Announces $2 Million Financing

Biosign Technologies Inc. (CNQ: BIOS) announces it has arranged a best-efforts, non-brokered private placement to raise gross proceeds of $2 million to be led by Avro Capital Corp. and Global Securities Corporation.

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