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BB1 Acquisition Corp. and Cerrado Gold Inc. Announce Closing of Brokered Subscription Receipt Financing for Gross Proceeds of $15M in Connection with Qualifying Transaction


Toronto, Ontario (Newsfile Corp. - February 17, 2021) - BB1 Acquisition Corp. (TSXV: BBA.P) (the
Company or
BB1 ) and Cerrado Gold Inc. (
Cerrado ) are pleased to announce that the Company and Cerrado have completed the brokered private placement of subscription receipts (
Subscription Receipts ) led by Cormark Securities Inc. and Haywood Securities Inc. as the co-lead agents (the
Co-Lead Agents ), and including Stifel Nicolaus Canada Inc. and H.C. Wainwright & Co., LLC (together with the Co-Lead Agents, the
Agents ) for aggregate gross proceeds of $15,000,120 (the
Financing ). The Financing was completed in connection with the proposed business combination (the
Transaction ) between Cerrado and BB1 previously announced in press releases of BB1 dated August 4, 2020, December 2, 2020 and February 16, 2021, which Transaction is intended to constitute BB1 s Qualifying Transaction pursuant to Policy 2.4 o ....

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OTT firms look beyond ads, subscription for revenue


OTT firms look beyond ads, subscription for revenue
ZEE5 and ALTBalaji have collaborated with e-retailers to launch merchandise for shows such as Rangbaaz.Premium
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Video streaming services are increasingly going beyond advertising and subscription to look at ancillary streams of revenue such as merchandise, music and brand integrations to monetise their content.
Such strategies not only build appeal among audiences and widen mediums of reach but also help create enduring intellectual properties that will ultimately result in larger fan bases, according to media experts. These could possibly account for up to 25% of the total revenue of streaming services in the coming years, they said. ....

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Starzplay draws on TV TOKYO for MENA anime lead


| 17 February 2021
Barely a fortnight after landing US$25 million of independent debt financing, leading Middle East & North Africa (MENA) subscription video-on-demand (SVOD) service Starzplay has inked a content deal for over one thousand episodes of anime content from TV TOKYO Corporation.
TV TOKYO Corporation is a Tokyo-based broadcaster of general entertainment and one of the world’s largest Japanese anime providers that operates a national free-to-air network known for its strength in programming for youth and young adults, animation in particular. It is a leading exporter of Japanese television content.
The new multi-year agreement will see Starzplay subscribers able to watch what are called some of TV TOKYO’s defining anime productions such as Naruto (all 220 episodes) as well as its sequel Naruto Shippuden (all 500 episodes). Other favourites that will play on Starzplay include Boruto: Naruto Next Generations (ongoing production with over 180 e ....

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Red Metal Resources Ltd.: Red Metal Resources Announces Results of Shareholder Meeting and Private Placement of Subscription Receipts and Units


(1)
Thunder Bay, Ontario (Newsfile Corp. - February 17, 2021) - Red Metal Resources Ltd. (OTC Pink: RMES) (the Company or Red Metal ) is pleased to announce that the Company held its Annual and Special Meeting of Shareholders (the Meeting ) on February 9, 2021, pursuant to which the following matters were voted upon and approved by 99.9% of the shareholder votes at the Meeting:
the approval of the Plan of Conversion to change the corporate jurisdiction of the Company from the state of Nevada to British Columbia (the Continuation );
the election of five members to the Board of Directors;
the approval, on an advisory basis, of the say-on-pay proposal every three years; ....

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