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Saint Jean Carbon Closes Books on Private Placement

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

OAKVILLE, Ontario, June 13, 2019 (GLOBE NEWSWIRE) — Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) with reference to the previous press release dated April 18, 2019 announces it has closed its books with respect to the private placement announced on March 19, 2019 (the “Offering”). 

The Company raised a total of $159,687.50 by issuance of 4,562,500 units (“Common Units”) at a price of $0.035 per Common Unit.  In aggregate, the Company paid a cash finder’s fee in the amount of $6,853.88 to one arm’s length finder in relation to the Offering.

Each Common Unit consisted of one (1) common share in the capital of the Company (“Common Share”) and one (1) common share purchase warrant (each whole common share purchase warrant a “Warrant”).  Each Warrant entitled the holder to acquire one (1) additional Common Share at an exercise price of $0.05 per Common Share for a period of 36 months from the date of issuance. 

The Company intends to use the proceeds of the Common Units to preserve the Company’s existing operations and for general corporate and administrative purposes.  The breakdown of the intended use of proceeds for the ensuing 6-month period is shown in the table below:

Purpose Amount
Outstanding payables $67,178.16
Outstanding payables of Related Parties for management fees $15,138.40
Outstanding payables of Related Parties for non-management fees $2,835.00
Current operations $39,252.32
Current operations for management fees of Related Parties $24,701.25
Current operations for non-management fees of Related Parties $2,016.00
Private Placement costs $8,566.37
Gross Proceeds $159,687.50

Although the Company intends to use the proceeds of the Offering as described above, the actual allocation of net proceeds may vary from the uses set forth above, depending on future operations or unforeseen events or opportunities.

All securities issued as part of the Offering are subject to a four month and one (1) day hold period.

About Saint Jean

Saint Jean is a publicly traded carbon science company, with specific interests in energy storage and green energy creation and green re-creation, with holdings in graphite mining and lithium claims in the province of Quebec in Canada. For the latest information on Saint Jean’s properties and news please refer to the website: http://www.saintjeancarbon.com/

On behalf of the Board of Directors
Saint Jean Carbon Inc.
Paul Ogilvie, CEO and Chairman
Information Contact:
Email: info@saintjeancarbon.com
Tel: (905) 844-1200

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS:  

This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Saint Jean’s business and affairs.  In certain cases, forward-looking statements can be identified by the use of words such as ‘‘plans’’, ‘‘expects’’ or ‘‘does not expect’’, “intends” ‘‘budget’’, ‘‘scheduled’’, ‘‘estimates’’, “forecasts’’, ‘‘intends’’, ‘‘anticipates’’ or variations of such words and phrases or state that certain actions, events or results ‘‘may’’, ‘‘could’’, ‘‘would’’, ‘‘might’’ or ‘‘will be taken’’, ‘‘occur’’ or ‘‘be achieved’’.  Such forward-looking statements include those with respect to the Company’s intention to use the proceeds of the Offering for operating costs and working capital to fund the continued development of the Company’s business.

These forward-looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially.  The forward-looking statements in this news release assume, inter alia, that the conditions for completion of the Offering, including final regulatory approval will be met.

Although Saint Jean believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct. There are risks which could affect Saint Jean’s ability to complete the Offering, including that required consents and approvals from regulatory authorities will not be obtained.

Statements of past performance should not be construed as an indication of future performance. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors, including those discussed above, could cause actual results to differ materially from the results discussed in the forward-looking statements. Any such forward-looking statements are expressly qualified in their entirety by this cautionary statement.

All of the forward-looking statements made in this press release are qualified by these cautionary statements.  Readers are cautioned not to place undue reliance on such forward-looking statements.  Forward-looking information is provided as of the date of this press release, and Saint Jean assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities legislation. 

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

IT Industry

eSilicon Announces Availability of 7nm High-Bandwidth Interconnect (HBI+) PHY for Die-to-Die Interconnects

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The PHY supports 2.5D applications such as silicon interposers and silicon bridges for system-on-chip (SoC) to chiplets and SoC partitioning

SAN JOSE, Calif., Sept. 22, 2019 (GLOBE NEWSWIRE) — eSilicon, a leading provider of FinFET ASICs, market-specific IP platforms and advanced 2.5D packaging solutions, announced today its 7nm high-bandwidth interconnect (HBI™)+ physical interface (PHY) IP is available to be licensed for inclusion in customer designs. This special-purpose hard IP block delivers a high-bandwidth, low-power and low-latency wide-parallel, clock-forwarded PHY interface for 2.5D applications including system-on-chip (SoC) to chiplets and SoC partitioning for complex subsystems. Silicon interposer and silicon bridge technologies are supported.

eSilicon’s HBI+ PHY delivers a data rate of up to 4.0Gbps per pin. Flexible configurations include up to 80 receive and 80 transmit connections per channel and up to 24 channels per PHY with one redundant lane per channel to improve production yields. The part also supports built-in self-test (BIST), internal loopback and external PHY-to-PHY link tests. Standards supported include IEEE 1149.1 (JTAG) and 1149.6 (AC JTAG) boundary scan.

“eSilicon has a rich history of developing high-performance, high-bandwidth interconnect IP, from long-reach SerDes to die-to-die interconnect,” said Hugh Durdan, vice president, strategy and products at eSilicon. “This new HBI+ PHY will help to enable a growing chiplet ecosystem that is supported by many new and innovative technologies.”

The prior version of this PHY (HBI, 2.5 Gbps per pin) was used successfully on a customer ASIC at 14nm. eSilicon is currently in design with a major customer ASIC in 7nm using the HBI+ PHY.

To learn more about eSilicon’s 7nm and 5nm HBI+ PHY capabilities, you can visit its HBI web page or contact your eSilicon sales representative directly or via sales@esilicon.com.

About eSilicon
eSilicon provides complex FinFET ASICs, market-specific IP platforms and advanced 2.5D packaging solutions. Our ASIC-proven, differentiating IP includes highly configurable 7nm 56G/112G SerDes plus networking-optimized 16/14/7nm FinFET IP platforms featuring HBM2 PHY, TCAM, specialized memory compilers and I/O libraries. Our neuASIC platform provides AI-specific IP and a modular design methodology to create adaptable, highly efficient AI ASICs. eSilicon serves the high-bandwidth networking, high-performance computing, AI and 5G infrastructure markets. www.esilicon.com

Collaborate. Differentiate. Win.™

eSilicon is a registered trademark, and the eSilicon logo, neuASIC, HBI and “Collaborate. Differentiate. Win.” are trademarks, of eSilicon Corporation. Other trademarks are the property of their respective owners.

Contacts:  
Sally Slemons Nanette Collins
eSilicon Corporation Public Relations for eSilicon
sslemons@esilicon.com nanette@nvc.com
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IT Industry

Constellation Software Announces Appointment of Susan Gayner and Dexter Salna to its Board of Directors

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TORONTO, Sept. 20, 2019 (GLOBE NEWSWIRE) — The board of directors of Constellation Software Inc. (“Constellation”) (TSX: CSU) announced today the appointment of Susan Gayner and Dexter Salna to the Company’s Board of Directors.

Susan Gayner is President and CEO of ParkLand Ventures, Inc., an owner-operator of multifamily housing communities in the US.  She is a Chemical Engineer by training and prior to her tenure with ParkLand served in various capacities with both the DuPont Company and Hercules, Inc.  She currently serves on the board of directors of Synalloy Corporation, where she is chair of the Governance Committee.  She holds a BA (Chemistry) and an ME (Chemical Engineering), both from the University of Virginia.

Dexter Salna joined Constellation in 1995 and is currently the President of the Perseus operating group within Constellation.  Prior to his current position, Mr. Salna held various senior executive positions within the Volaris operating group of Constellation.

About Constellation Software Inc.
Constellation Software acquires, manages and builds vertical market software businesses

Contact:

Jamal Baksh
Chief Financial Officer
416-861-9677

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IT Industry

dynaCERT Provides Clarification-Retraction

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TORONTO, Sept. 20, 2019 (GLOBE NEWSWIRE) — dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) announces the following:

IIROC has requested disclosure from dynaCERT (and dynaCERT wishes to comply) that dynaCERT does not endorse the “BUY” recommendation nor the target price previously announced in a press release today regarding the independent research report produced by the Investment Research department of GBC AG.  Such research report was not paid for by dynaCERT and is considered independent of the Company.

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com

READER ADVISORY

Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. In particular, forward-looking information in this press release includes, but is not limited to the potential expansion into new markets, industries and segments, such as diesel-powered use of any the dynaCERT products and sales. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

On Behalf of the Board
Murray James Payne, CEO

For more information, please contact:

Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
ir@dynaCERT.com

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