Cyprus was one of the first countries that recognised seafarers as key workers and implemented a formal crew change process. These measures resulted in more than 20,000 seafarers being repatriated or.
Axion Ventures Inc.: Axion Cancels 33 Million Performance Escrow Shares and Issues 40 Million Shares to Kuni Umi
Axion or the
Company ) announces that it has cancelled 33,000,000 common shares of the Company (the Escrowed Shares ) under the performance escrow agreement dated May 11, 2016 (the Escrow Agreement ), and amended in April 2019.
Furthermore, Axion reports the issuance of 40,000,000 shares to KUAM (Hong Kong) Investment 01 Ltd. (
KUAM ) pursuant to KUAM s conversion of the $8,000,000 Convertible Debenture issued to it under the Investment Agreement between the Company and KUAM (please see Axion s news release from June 11, 2021).
The Investment Agreement provides for further tranches for up to a total of C$20 million. Completion of any subsequent tranche will be subject to additional approval of the TSX Venture Exchange. If all of the C$20 million is drawn down and converted by KUAM, a new Control Person of the Company may be created. KUAM has provided an undertak
Axion Ventures Inc. is pleased to announce that it has completed the initial tranche of C$8,000,000 under the convertible debenture investment agreement that the Company entered into with KUAM . | June 12, 2021
Skychain Technologies Inc. (
TSXV: SCT) (
OTCQB: SKTCF) (the “Company”) announces that it has arranged and successfully closed on the first tranche of securities of a private placement (the “
Offering“) with The9 Limited (the “
The9“) (
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As previously announced by the Company on April 21, 2021 and May 13, 2021, the Company entered into a financing agreement with The9 pursuant to which The9 agreed to subscribe for $2,000,000 of transferable, convertible debentures (the “
Debentures“), at a price of $0.85 per Debenture, and $2,000,000 of units (the “
Skychain Technologies Inc. announces that it has arranged and successfully closed on the first tranche of securities of a private placement with The9 Limited an industry leader in crypto mining services.As previously announced by the Company on April 21, 2021 and May 13, 2021, the Company entered into a financing agreement with The9 pursuant to which The9 agreed to subscribe for $2,000,000 of transferable, .