Origen Resources Inc.: Origen Closes Plan of Arrangement with Forty Pillars
Origen Resources Inc.
(CSE: ORGN)
( Origen ) and Forty Pillars Mining Corp. ( Forty Pillars ) are pleased to announce that their previously announced plan of arrangement (the
Arrangement ) has closed. Pursuant to the Arrangement, Origen completed a share reorganization and spun out its Silver Dollar Project and $66,893.60 in cash to Forty Pillars in exchange for 6,485,174 common shares of Forty Pillars (the
Forty Pillars Shares ) at a deemed price of $0.08 per Forty Pillars Share, of which 3,891,102 Forty Pillars Shares were distributed to Origen s shareholders and 2,594,072 Forty Pillars Shares were retained by Origen. The Board of Forty Pillars now consists of Nader Vatanchi, Abbey Abdiye, Alex Klenman, Gary Schellenberg and Mike Sieb.
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Origen Resources Inc : Origen Announces Proposed Arrangement to Spin Out Silver Dollar Property
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VANCOUVER, British Columbia, Dec. 14, 2020 (GLOBE NEWSWIRE) Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the Company or Loop ), a provider of contactless solutions and artificial intelligence ( AI ) to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick-and-mortar space, announces the appointment of Mark Lotz as Chief Financial Officer effective December 11, 2020.
Mr. Lotz holds a Bachelor s degree in Business Administration with a joint major in Economics. He is a Chartered Professional Accountant with 26 years of post-qualification experience, and has extensive in the capital markets across a broad cross-section of industries including SaaS, manufacturing, mining, technology and financial services. Mr. Lotz has held CFO and other senior financial positions with several well-known mining and exploration companies. He has also served as a senior executive officer in the securities brokerage industry. Prior to that, he serv