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Dec 03, 2024 06:00 ET
Argyle Resources Corp. Announces Completion of Field Exploration Work at Matapedia Silica Project in Quebec
Calgary, Alberta--(Newsfile Corp. - December 3, 2024) - Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ("Argyle" or the "Company"), pleased to announce the successful completion of comprehensive field exploration work at its Matapedia Silica Project, located in St. Moise, Quebec, in partnership with the Institut National de la Recherche Scientifique (INRS). The exploration work (Argyle and INRS has carried out three field interventions in 2024 and this press release presents what has been achieved in total for more than seven working weeks of field work), aimed at enhancing the geological understanding of the Matapedia silica project, was conducted over the past three weeks and has provided valuable data to support the project's continued development.
Dec 03, 2024 06:00 ET
Blackrock Silver Announces the Appointment of Tom Peregoodoff to the Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") is pleased to announce the appointment of Tom Peregoodoff to the Board of Directors of the Company (the "Board of Directors") effective December 3, 2024.
Dec 03, 2024 06:00 ET
Coelacanth Energy Inc. Announces Operations Update
Calgary, Alberta--(Newsfile Corp. - December 3, 2024) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that it has completed and tested 4 additional wells at its Two Rivers East Project including 3 Lower Montney Wells and 1 Upper Montney well on the 5-19 pad.
Dec 03, 2024 06:00 ET
Dynamite Blockchain to Acquire Kaspa Mining Limited
Dynamite Blockchain Corp.1 (the “Company” or “Dynamite”) (CSE: BLOX)2 is pleased to announce that it has entered into a binding arm’s length Securities Exchange Agreement (the “Acquisition”), dated December 2, 2024, to acquire 100% of the...
Dec 03, 2024 06:00 ET
Enbridge Inc. Announced 3% Quarterly Dividend Increase for 2025
CALGARY, AB, Dec. 3, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly dividend of $0.9425 per common share, payable on March 1, 2025 to shareholders of record on February 14, 2025.  The declared dividend represents a 3% increase from the prior quarterly rate and the thirtieth consecutive year in which the Company has increased its common share dividend.
Dec 03, 2024 06:00 ET
Enbridge Inc. Announced 3% Quarterly Dividend Increase for 2025
CALGARY, AB, Dec. 3, 2024 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly dividend of $0.9425 per common share, payable on March 1, 2025 to shareholders of record on February 14, 2025.  The declared dividend represents a 3% increase from the prior quarterly rate and the thirtieth consecutive year in which the Company has increased its common share dividend.
Dec 03, 2024 06:00 ET
First Mining Announces Positive Federal Conformity Determination for the Springpole Gold Project Final Environmental Impact Statement
VANCOUVER, BC, Dec. 3, 2024 /PRNewswire/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that it has received a positive conformity determination from the Impact Assessment Agency of Canada ("IAAC") following the submission of the Final Environmental Impact Statement ("Final EIS") for the Springpole Gold Project (the "Project") on November 4, 2024.
Dec 03, 2024 06:00 ET
First Mining Announces Positive Federal Conformity Determination for the Springpole Gold Project Final Environmental Impact Statement
VANCOUVER, BC, Dec. 3, 2024 /CNW/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that it has received a positive conformity determination from the Impact Assessment Agency of Canada ("IAAC") following the submission of the Final Environmental Impact Statement ("Final EIS") for the Springpole Gold Project (the "Project") on November 4, 2024.
Dec 03, 2024 06:00 ET
Happy Belly's HEAL Wellness QSR Secures Real-Estate Location in Whitby's Taunton Gardens
Toronto, Ontario--(Newsfile Corp. - December 3, 2024) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is excited to announce that, following its July 11th, 2024 news release regarding the signing of a franchise agreement for HEAL Wellness ("HEAL") in Whitby, Ontario, a real-estate location has now been secured for this franchisee in Taunton Gardens joining LA Fitness, Farm Boy, Sport Check, Staples, Winners and HomeSense. HEAL Wellness is a fresh smoothie bowls, acai bowls, and smoothies quick serve restaurant ("QSR").
Dec 03, 2024 06:00 ET
RETRANSMISSON: HIVE Announces Transformative Acquisition of 8.6 EH/s of Bitmain S21+ Hydro Chips, Projecting 15 EH/s by Summer 2025, Driving $300 Million Revenue and 2% of Global Bitcoin Mining Networ
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024.
Dec 03, 2024 06:00 ET
Titan Mining Announces Maiden Mineral Resource Estimate for 100% Owned Kilbourne Graphite Project at the Empire State Mine
Titan Mining Corporation (TSX: TI, OTCQB: TIMCF) (“Titan” or the “Company”) is pleased to announce the successful completion of its maiden mineral resource estimate (“MRE”) for the Kilbourne Graphite Project, located within the mining permit...
Dec 03, 2024 05:55 ET
Ivanhoe Mines Announces That Kamoa-Kakula Achieved a Record 45,019 Tonnes of Copper in November
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - December 3, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) achieved a monthly combined production record of 45,019 tonnes of copper in concentrate during the 30 days of November. The concentrators milled 1.2 million tonnes of ore at an average feed grade of 4.58% copper. Production for the year to November 30, 2024, from Kamoa-Kakula now totals 390,061 tonnes of copper.
Dec 03, 2024 05:30 ET
AbraSilver Announces Updated Diablillos PFS With CAD$1,046M (USD$747M) After-Tax Base-Case NPV
Toronto – December 03, 2024 - TheNewswire: AbraSilver Resource Corp. (TSX.V:ABRA; OTCQX: ABBRF) ("AbraSilver" or the “Company”) is pleased to announce the results of its updated Pre-Feasibility Study (“PFS” or the “Study”) for the Diablillos silver-gold project (“Diablillos” or the “Project”). The PFS demonstrates improved economics and increased confidence in the Project’s significant upside potential.  The PFS was completed by a collaborative team that included Mining Plus Peru S.A.C, Whittle Consulting, BMining, INSA, SGS North America, Inc., and Envis Consulting.
Dec 03, 2024 05:30 ET
KITS Announces Record-Breaking Sales of $4.3 Million During Black Friday Week
Highlighted by Over $1M in Sales on Black FridayEarning a Healthy EBITDA of Approximately 15%
Dec 03, 2024 05:25 ET
CHARBONE Hydrogen Announces a Second Closing of its $1M Non-Brokered Private Placement
Brossard, Quebec – TheNewswire - December 3, 2024–CHARBONE HYDROGEN CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), North America’s only publicly traded pure-play green hydrogen company, is pleased to announce the second closing of its $1M non-brokered private placement. The Company has secured an additional $0.163M with the closing of its second tranche, for a total amount of $0.818M, to accelerate the completion of its flagship green hydrogen production facility in Sorel-Tracy, Quebec, scheduled to begin operations in the coming weeks. The investment comes from
Dec 03, 2024 05:01 ET
Scotiabank Announces Dividend on Outstanding Shares
TORONTO, Dec. 3, 2024 /CNW/ - Scotiabank today announced a dividend on the outstanding shares of the Bank, payable January 29, 2025, to shareholders of record at the close of business on January 7, 2025:
Dec 03, 2024 05:00 ET
ALTAGAS ANNOUNCES 2025 GUIDANCE, SIX PERCENT DIVIDEND INCREASE, AND CONTINUED PROGRESS ON STRATEGIC PRIORITIES
CALGARY, AB, Dec. 3, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces its 2025 guidance and outlook; a six percent increase to its common share dividend; and continued progress on strategic priorities.
Dec 03, 2024 05:00 ET
Foran Showcases Construction Progress at McIlvenna Bay
VANCOUVER, BC, Dec. 3, 2024 /CNW/ - Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to share a progress update on the construction of its 100% owned McIlvenna Bay project in Saskatchewan, Canada, alongside new photos showcasing ongoing development. The images offer a detailed look at key milestones reached during October 2024 and can be viewed in the image gallery on our website at www.foranmining.com/news-media.
Dec 03, 2024 05:00 ET
Fortuna reports progress on its share buyback program
Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report that during the fourth quarter as of Friday, November 29, 2024, it has repurchased under the Company’s normal course issuer bid (NCIB) an aggregate of 6,402,640 common shares on the...
Dec 03, 2024 05:00 ET
Pan American Silver Completes the Sale of La Arena
Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (“Pan American”) yesterday completed the previously announced divestment of its 100% interest in La Arena S.A. (“La Arena”), which owns the La Arena gold mine as well as the La Arena II project in Peru, to Jinteng (Singapore) Mining Pte. Ltd., a subsidiary of Zijin Mining Group Co., Ltd. (collectively, “Zijin”).
Dec 03, 2024 05:00 ET
Scotiabank reports fourth quarter and 2024 results
Scotiabank's 2024 audited annual consolidated financial statements and accompanying Management's Discussion & Analysis (MD&A) are available at www.scotiabank.com along with the supplementary financial information and regulatory capital disclosure reports, which include fourth quarter financial information. All amounts are in Canadian dollars and are based on our audited annual consolidated financial statements and accompanying MD&A for the year ended October 31, 2024 and related notes prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the
Dec 03, 2024 05:00 ET
Strathmore Hits Mineralization with Stacked Roll Fronts at Beaver Rim
Kelowna, British Columbia--(Newsfile Corp. - December 3, 2024) - Strathmore Plus Uranium Corporation (TSXV: SUU) (OTCQB: SUUFF) (FSE: TO3) ("Strathmore" or "the Company") is pleased to announce that the Company drilled two newly identified uranium roll fronts on the Beaver Rim project. Four drill holes were completed, including the discovery of the two mineralized zones on the South Sage claim group. The intercepts included 7.5 feet grading 0.042% eU3O8 from 1,119-1,126.5 feet (hole BR-03-24) and 4.5 feet grading 0.024% eU3O8 from 1,090-1,094.5 feet (hole BR-01-24).
Dec 03, 2024 05:00 ET
TD helps its MBNA cardholders support funding reforestation efforts in Canada through the Priceless Planet Coalition
TD is joining as a Canadian partner of Priceless Planet Coalition, pledging to help fund the restoration of up to 30,000 trees in B.C. when cardholders go paperless
Dec 03, 2024 04:30 ET
F3 Hits 4.5m of 50.1% U3O8 Within 30.9% Over 7.5m at JR
Kelowna, British Columbia--(Newsfile Corp. - December 3, 2024) - F3 Uranium Corp. (TSV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce rush assay results for drillhole PLN24-176 (see NR September 10, 2024) of the ongoing 2024 drill program on the PLN Property which returned 7.5m of 30.9% U3O8, including an ultra-high grade core with 4.5m of 50.1% U3O8.
Dec 03, 2024 03:15 ET
HEALWELL Acquires Control of Mutuo Health Solutions to Build Next Generation of AI-Powered Physician Co-Pilots
Toronto, Ontario--(Newsfile Corp. - December 3, 2024) - HEALWELL AI Inc. (TSX: AIDX) (OTCQX: HWAIF) ("HEALWELL" or the "Company"), a healthcare artificial intelligence company focused on preventative care, is pleased to announce that it has acquired a 51% majority controlling interest in Mutuo Health Solutions ("Mutuo"), for $5.5 million in cash and shares of HEALWELL. Mutuo is a medical technology company specializing in AI-powered ambient scribe solutions for clinical documentation whose flagship product, the AutoScribe platform, transcribes clinician-patient dialogue into structured electronic medical records (EMR) data in real-time using machine learning (ML) and natural language processing (NLP). This acquisition is aligned with HEALWELL's strategy to acquire and enhance AI-enabled healthcare technologies that improve clinical efficiency, patient outcomes and ultimately assist with early disease detection.
Dec 03, 2024 03:01 ET
EdgeTI and Partners Create AI-Powered Digital Twin Pavilion for Defense TechConnect Innovation Summit (DTC), 2024
Pavilion to Demonstrate AI and Digital Twins Use Cases Aligned to Topical Panels and Sessions on National Defense Strategy and National Security Strategy
Dec 03, 2024 03:01 ET
Red Metal Resources Acquires 100% Interest in Three Hydrogen-Prospective Mineral Claims Packages in Ontario
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - RED METAL RESOURCES LTD. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) is pleased to announce that it has executed a Definitive Agreement (the "Agreement") with an arm's length vendor to acquire a 100% interest in three separate mineral claims packages, highly prospective for Hydrogen located in the Larder Lake Mining District of Ontario, along the Quebec border near the town of Ville-Marie, QC.
Dec 03, 2024 02:00 ET
International Petroleum Corporation Announces TSX Approval for Renewal of Normal Course Issuer Bid
International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that the Toronto Stock Exchange (the "TSX") has approved IPC's notice of intention to renew IPC’s normal course issuer bid (the...
Dec 03, 2024 01:05 ET
Golden Cariboo Reports Further Results from 2024 Field Campaign
December 3, 2024 – TheNewswire – Vancouver, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) wishes to announce further results from outcrop sampling during the 2024 field campaign, subsequent to results announced in a News Release dated November 5, 2024 and can be viewed on the Company website at www.goldencariboo.com.
Dec 03, 2024 01:00 ET
HIVE Announces Transformative Acquisition of 8.6 EH/s of Bitmain S21+ Hydro Chips, Projecting 15 EH/s by Summer 2025, Driving $300 Million Revenue and 2% of Global Bitcoin Mining Network
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024.
Dec 03, 2024 00:00 ET
StrategX Provides Update on Critical Metals Exploration Activities at the Nagvaak Project, Nunavut, Canada
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") has mobilized and established key logistics for its 2025 exploration program at the Nagvaak Project ("Nagvaak"). Nagvaak represents a geological discovery with the potential to delineate a significant critical metals deposit on the Melville Peninsula. New regional exploration efforts and recently analyzed data have also highlighted a series of additional prospective targets.
Dec 02, 2024 23:31 ET
This Thanksgiving, Tims China Spreads Warmth with Pay-It-Forward “Timsgiving” Campaign
Over the past week, Tims China’s coffee shops across the country have been filled with the spirit of gratitude and celebration, spurred on by the inaugural “Timsgiving” campaign.   “Sharing kindness and paying it forward in our communities is a...
Dec 02, 2024 22:39 ET
iA Financial Group Announces Offering of $400 million of 4.131% Fixed/Floating Unsecured Subordinated Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Dec 02, 2024 22:00 ET
Rubicon Organics Announces C$10,000,000 Secured Credit Facilities
Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis, is pleased to announce that on November 28, 2024 it has entered...
Dec 02, 2024 19:49 ET
Teck Announces Appointment of Vice President, Investor Relations
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the appointment of Emma Chapman as Vice President, Investor Relations, effective December 1, 2024. Ms. Chapman succeeds Fraser Phillips, who will retire in early...
Dec 02, 2024 19:16 ET
Northfield Capital Completes Non-Brokered Private Placement
Northfield Capital Corporation (TSX-V: NFD.A) (the “Company”) is pleased to announce that it completed a non-brokered private placement and issued 107,300 units (“Units”) at a price of $20.00 per Unit for aggregate gross proceeds of $2,146,000 (the...
Dec 02, 2024 19:16 ET
Northfield Capital Completes Non-Brokered Private Placement
Northfield Capital Corporation (TSX-V: NFD.A) (the “Company”) is pleased to announce that it completed a non-brokered private placement and issued 107,300 units (“Units”) at a price of $20.00 per Unit for aggregate gross proceeds of $2,146,000 (the...
Dec 02, 2024 19:00 ET
Defence Provides Update on Delivery of AGSM Proxy Materials
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - Defence Therapeutics Inc. (CSE: DTC) (OTCQB: DTCFF) (FSE: DTC) ("Defence" or the "Company"), a Canadian biopharmaceutical company developing radiopharmaceuticals and ADC products using its proprietary platform and drug delivery technologies in addition to novel immune-oncology vaccines, is to hold its annual general and special meeting of the shareholders (the "Shareholders") of the Company on December 12th, 2024 at 10:00 a.m. (Pacific Time) at the office of McMillan LLP located at Royal Center, 1055 W. Georgia Street, Suite 1500, Vancouver, British Columbia (the "Meeting").
Dec 02, 2024 19:00 ET
Helix Biopharma Corp. Enters into Asset Purchase Agreement to Acquire Oral Gemcitabine Chemotherapy Compound
  December 2, 2024 – TheNewswire – (Toronto, Ontario) – Helix BioPharma Corp. (TSX: “HBP”, OTC PINK: “HBPCD”, FRANKFURT: “HBP0”) (“Helix” or the “Company”), a clinical-stage biopharmaceutical company developing novel therapies in immune-oncology, based on its proprietary technological CEACAM6 platform, DOS47, is pleased to announce it has entered into an asset purchase agreement dated November 30, 2024 (the “Agreement”) with Laevoroc Chemotherapy AG (“Laevoroc Chemotherapy”), a privately-held Swiss company.   Pursuant to the transaction (the “L-Chemo Transaction”), Helix will acquire
Dec 02, 2024 18:45 ET
Libero Copper Announces $3 Million Public Offering of Units
Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) ("Libero" or the “Company”) is pleased to announce that it has entered into an agreement with Research Capital Corporation as the sole agent and sole bookrunner (the “Agent”), in...
Dec 02, 2024 18:43 ET
Teck Releases First Integrated Report on Climate Change and Nature
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has released its 2024 Climate Change and Nature Report, which for the first time combines the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) with...
Dec 02, 2024 18:43 ET
MAS Gold Files Management Information Circular for Special Meeting of Shareholders to Approve Business Combination with Rockridge Resources and Eros Resources
SASKATOON, SK, Dec. 2, 2024 /CNW/ - MAS Gold Corp. (TSXV: MAS) (OTCQB: MSGCF) (Frankfurt: 63G) ("MAS Gold" or the "Company") is pleased to announce that it has filed and has commenced the delivery of the joint management information circular of the Company, Rockridge Resources Ltd. ("Rockridge") and Eros Resources Corp. ("Eros") dated November 26, 2024 (the "Circular") and related materials for the special meeting of shareholders of the Company (the "Meeting") to approve, among other things, the previously announced three-way merger transaction (the "Transaction"), pursuant to which, Eros wi
Dec 02, 2024 18:22 ET
Rakovina Therapeutics Increases Private Placement Offering to $3.0 Million
Rakovina Therapeutics Inc. (TSX-V: RKV, the “Company” or “Rakovina Therapeutics”) a biopharmaceutical company committed to advancing new cancer therapies based on novel DNA-damage response technologies is pleased to announce that its previously...
Dec 02, 2024 18:21 ET
Olympia Financial Group Inc. Announces Acquisition of Investment Accounts from Canadian Western Trust
Calgary, Alberta--(Newsfile Corp. - December 2, 2024) - Olympia Financial Group Inc. (TSX: OLY) ("Olympia") is pleased to announce that Olympia Trust Company ("Olympia Trust") has entered into an asset purchase agreement pursuant to which Olympia Trust will purchase, for $1.7 million in cash, approximately 3,400 self-directed non-registered and registered plan investment accounts currently administered by Canadian Western Trust Company (the "Transaction").
Dec 02, 2024 18:05 ET
Silicon Metals Corp. Announces Flow-Through Unit Offering and OTC Quotation
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - SILICON METALS CORP. (CSE: SI) (FSE: X6U0) ("Silicon Metals" or the "Company") is pleased to announce that it is conducting a non-brokered private placement consisting of the issuance of up to 4,000,000 flow-through units (each, a "Flow-Through-Unit") at a price of $0.08 per Flow-Through-Unit for gross aggregate proceeds of up to $320,000 (the "Offering").
Dec 02, 2024 18:00 ET
CSE Bulletin: Consolidation - Terra Clean Energy Corp. (TCEC)
Toronto, Ontario--(Newsfile Corp. - Le 2 décembre/December 2024) - Terra Clean Energy Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every four (4) pre-consolidated common shares.
Dec 02, 2024 18:00 ET
Torex Gold Reports Compelling New Results from the 2024 ELG Underground Drilling Program
Results continue to indicate impressive grades and ongoing potential to expand resources and replace mined reserves
Dec 02, 2024 17:53 ET
Thesis Gold Upsizes Previously-Announced Private Placement To $10 Million
Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU | WKN: A3EP87 | OTCQX: THSGF) is pleased to announce that, due to strong investor demand, the Company has agreed with Clarus Securities Inc. (“Clarus”) and Cormark Securities Inc. (“Cormark”...
Dec 02, 2024 17:48 ET
Royal Helium Ltd. Announces Non-Brokered Private Placement of Convertible Debenture Units for Gross Proceeds of up to $4.5 Million, and Proposed Exchange of Existing Convertible Debentures
SASKATOON, SK, Dec. 2, 2024 /CNW/ - Royal Helium Ltd. (TSXV: RHC) (OTCQB: RHCCF) ("Royal" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement offering (the "Offering") of up to 13,520 convertible debenture units of the Company (the "Debenture Units") at a price of $1,000 per Debenture Unit (the "Issue Price"). Up to 4,500 of the Debenture Units will be issued to new investors for aggregate gross proceeds to Royal of up to $4,500,000; additionally up to 9,020 Debenture Units will be issued to Existing Debentureholders (defined below) of the Co

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