Millennial Precious Metals Corp. Announces Closing of Previously Announced Reverse Take-Over Transaction
Toronto, Ontario (Newsfile Corp. - April 28, 2021) - Millennial Precious Metals Corp. (TSXV: MPM) (
Millennial ) is pleased to announce the successful completion of the previously announced series of transactions with Millennial Silver Corp. (
Millennial Silver ) and Clover Nevada LLC (
Waterton ) resulting in Millennial indirectly acquiring Waterton s interest in each of the Wildcat Property, the Mountain View Property, the Marr Property, the Ocelot Property, the Eden Property and the Dune Property located in Nevada and also a lease and option to purchase the Red Canyon Property also located in Nevada. As previously announced, the transactions were effected through an asset purchase agreement dated December 11, 2020 (the
Distinction Energy Corp Announces Closing of Strategic Simonette Asset Acquisition
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Vancouver, British Columbia (Newsfile Corp. - April 26, 2021) - Akiba Leisman ( Leisman ) announced today that they have acquired (the Acquisition ) an aggregate of 1,500,000 common shares (the Purchased Shares ) of 1287398 B.C. Ltd. ( 398 ) from each of 1261648 B.C. Ltd. ( 648 ) (1,290,000 Purchased Shares) and R. Keast Family Holdings Inc. (together with 648, the Sellers ) (210,000 Purchased Shares) pursuant to share purchase agreements entered into between Leisman and each Seller on April 23, 2021. The Purchased Shares were purchased at a price of $0.00003 per Purchased Share for an aggregate purchase price of $45.00.
Prior to the Acquisition, Leisman held nil (0%) common shares of 398. As a result of the Acquisition, Leisman now holds 1,500,000 (50%) common shares of 398. Leisman acquired the Purchased Shares for private investment purposes and may increase or decrease their beneficial ownership or control in 398 as circumstances or market
Vancouver, British Columbia (Newsfile Corp. - April 26, 2021) - R. Keast Family Holdings Inc. ( RKF ) announced today that it has sold (the Disposition ) an aggregate of 290,000 common shares (the Sold Shares ) of 1287398 B.C. Ltd. ( 398 ) to each of Akiba Leisman ( Leisman ) (210,000 Sold Shares) and Paolo Lostritto (together with Leisman, the Purchasers ) (80,000 Sold Shares) pursuant to share purchase agreements entered into between RKF and each Purchaser on April 23, 2021. The Sold Shares were sold at a price of $0.00003 per Sold Share for an aggregate purchase price of $8.70.
Prior to the Disposition, RKF held 500,000 (approximately 16.67%) common shares of 398. As a result of the Disposition, RKF now holds 210,000 (7%) common shares of 398. RKF sold the Sold Shares for private investment purposes and may increase or decrease its beneficial ownership or control in 398 as circumstances or market conditions warrant.
Mackenzie Mayor Stephanie Killam is optimistic the sale of Pope and Talbot’s pulp mill in the town will go through.
On Aug. 21, the courts approved a deal to sell Pope and Talbot’s operation to numbered company 0832498 B.C. Ltd. The sale was arranged by receiver PricewaterhouseCoopers, which is handling the forestry company’s assets during the bankruptcy process.
“I met with them last Friday. They’re committed to purchasing the pulp mill, but there are a number of things they have to do to get it up and running again,” Killam said. “With this, one third of our (forestry) concerns will be up and running again this fall.”
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