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Showing posts from February, 2023

Platinex will conduct

  Platinex will conduct  a non-brokered private placement raising up to $1,500,000 of units ("Units") at a price of $0.04 per Unit (the "Non FT Offering") of which Fancamp will subscribe Units, representing approximately 9.5% of the issued and outstanding shares of Platinex. Platinex will also conduct a non-brokered private placement of flow-through units for an additional $1,000,000 (the "FT Offering") at a price of $0.045 per FT Unit (the "FT Units"). Each Unit shall be comprised of one common share of the Company and one half of one common share purchase warrant, with each whole warrant exercisable into one common share of the Company at a price of $0.055 at any time on or before the date which is 60 months from the closing of the Non-FT Offering. Each FT Unit will be comprised of one common share of the Company to be issued as a "flow- through share" within the meaning of the Income Tax Act (Canada) (each, a "FT Share") an...

The city received $1.9 billion

  The city received $1.9 billion  n direct federal COVID-19 aid, but the well will be largely dry for whoever — either Lightfoot or one of eight challengers — wins the Feb. 28 election. The bulk, about $1.3 billion, is slated to replace lost city  revenues. The rest were dedicated to addressing the pandemic’s economic fallout, like homelessness, tourism, youth opportunities and direct family assistance, and public health, including violence  prevention. Through Sept. 30 of last year, though, the city had only spent $16.3 million of the $567 million it had budgeted, according to city disclosures to the U.S. Treasury.