National Hockey League (NHL) closes debt financing
National Hockey League (NHL) closed private placement of senior secured debentures with US $174 million from Canadian investors.
Fiera Private Debt launches $500M infrastructure debt strategy
Fiera Capital’s Fiera Private Debt Inc. launched North American middle-market infrastructure debt strategy targeting $500 million in AUM.
Sagard launches middle-market private equity platform led by Marie-Claude Boisvert
Sagard Holdings hired Marie-Claude Boisvert and Patrick Daignault to launch its Canadian middle-market private equity platform
BUY-SELL AGREEMENTS: You need one
Mark Borkowski: BUY-SELL AGREEMENT and plan ahead, to safeguard business future between/among business partners/owners
CSE, Mining, PE/VC backed IPOs – bright spots of 2020 Canadian IPOs
2020 Canadian IPOs reported mixed results – 25 CSE and 23 Mining IPOs led in number of Non-CPC/SPAC IPOs, 6 PE/VC IPOs dominated with $3,539M (73% of total amount raised)
First 9 months Canadian VC disbursements at $3.59B down 33% from same period in 2019
Canadian VC reported $3.59B in 426 financing rounds in first 9 months of 2020; $1.10B of the total funding came from US Investors; VC firms raised $2.75B. All four indicators are down from the same period in 2019.
Canadian VC reached $2.59B following 2 consecutive sharp quarterly drops
Canadian VC cooled to $2.59B in H1 2020, accompanied by two sharp consecutive quarterly drops from Q3 and Q4, 2019. Of concern from H1: US investor investment share fell to 30% from high of 46% in 2019 and 2017.
CPE Analytics releases first half of 2020 Canadian IPO report
H1 2020 Canadian IPO: 35 IPOs on CSE, TSX, TSX Venture Exchange, and NEO for $2.48B. CSE led with 15 out of 17 non-CPC/SPAC IPOs.
Metals Newswire
- Barksdale Resources closes $525K final tranche, raising $6.325M in two tranches
- Almadex Minerals announces private placement to raise up to $1.35M
- Xander Resources announces $400K private placement led by Palisades Goldcorp
- Wallbridge Mining Company closes $63.8M bought deal
- NxGold announces closing of $3.2M financing and new name International Consolidated Uranium Inc.
- Nova Royalty announces trading on TSX-V, $13M facility with Beedie Capital and board change
- Noront Resources grants 1,101,419 restricted stock units (RSUs)
- Labrador Gold appoints Matthieu (Matt) Lapointe as VP Exploration
