CHC Student Housing Corp.: CHC Announces Updates to Private Placement
Toronto, Ontario (Newsfile Corp. - December 11, 2020) - CHC Student Housing Corp. (TSXV: CHC.H) ( CHC or the Company ) wishes to update its previously announced non-brokered private placement of 3,500,000 units ( Units ) at a price of $0.10 per Unit for gross proceeds of up to $350,000 (the Offering ) that will be completed concurrently with or immediately prior to the closing of the Company s previously announced reverse take-over transaction ( RTO ) with 2294253 Alberta Ltd. ( TargetCo ).
Each Unit will consist of one common share ( Common Share ) in the capital of the Company and one-half of one warrant ( Warrant ). Each whole warrant will be exercisable to acquire one Common Share at an exercise price of $0.20 each for a period of 12 months from the date of issuance; provided, however, that if, following the date of issuance, the volume-weighted average trading price of the Common Shares on the TSX Ven
PesoRama Inc.: PesoRama Announces Leadership Changes After Dissidents Prevail in Proxy Contest
Toronto, Ontario (Newsfile Corp. - December 10, 2020) - PesoRama Inc. (
PesoRama or the
Company ) announced today that, after a proxy contest, all directors nominated by a group of shareholders (the
Concerned
Shareholders ) led by The Ocean View Trust, a family trust of Rahim Bhaloo, the founder, a director and now the Executive Chairman of PesoRama, together with 2110958 Alberta Ltd., a company controlled by Mr. Bhaloo, were elected to the board of directors of PesoRama, replacing the nominees proposed by PesoRama s previous management. In addition, PesoRama announces that it has entered into a letter of intent with Skyscape Capital Inc. to complete a business combination transaction.