Solaris Resources Inc. to close private placement with Zijin Mining Group Co., Ltd. of 28,481,289 common shares at $4.55 per share for $129.6M. Upon closing of private placement, Zijin will own approximately 15% of Solaris Resources common shares on a fully diluted basis.
Monex Group, Inc. acquired majority stake of 3iQ Digital Holdings, Inc. from Frederick Thomas Pye, CoinShares International Limited, Van Eck Associates Corp., and other shareholders, for US $39.8M
GIC Private Limited increased its holding in Aritzia Inc. to 9,020,382 subordinate voting shares (10.09%) becoming third largest shareholder behind founder Brian Hill and Fidelity Investments.
The Alberta Investment Management Corporation (AIMCo) opened Singapore office led by Kevin Bong, AIMCo's Senior Managing Director, Chief Investment Strategist and Head of Singapore.
Caisse de dépôt et placement du Québec (CDPQ) invested ¥20B or US $135M in Shizen Energy Inc., a renewable energy leader in Japan. CDPQ obtained a seat on the board of directors of Shizen Energy.
Ontario Teachers' Pension Plan opened new office in Mumbai, India, its 6th global office and 3rd in the Asia-Pacific region. Deepak Dara appointed Senior Managing Director and Head of India, reporting Ben Chan, Executive Managing Director and Head of Asia-Pacific.
Ontario Teachers' Pension Plan Board acquired a co-control stake in GPA Global from EQT Private Equity and other minority shareholders. Tom Wang and Adam Melton, GPA co-founders, will roll over their respective ownership and continue to lead the company.
InfraRed Capital Partners and Northleaf Capital Partners each acquired 40% of passive mobile tower assets from Infratil Limited and Brookfield Asset Management Inc. owned Vodafone New Zealand for NZ $1.7B. Infratil will invest to hold 20%.
VerSe Innovation secured US $375M additional funding from CPP Investments, following US $430M funding round in August 2021 with participation CPP Investments, Ontario Teachers', Luxor Capital, Sumeru Ventures, Sofina Group, Baillie Gifford and others.
Ontario Teachers' Pension Plan Board made follow-on investment in Singapore-based Princeton Digital Group as part of US $500+ million equity investment round led by Mubadala Investment Company with participation of Warburg Pincus.
Shenzhen China and Markham Ontario based Shoplazza closed US $150M Series C1 financing led by Softbank Vision Fund 2, with participation from Chimera, Stepstone and existing investors Sky 9 Capital, Sequoia Capital China, Qianhai FoF and Elegrace.
Xero (ASX: XRO) to acquire Trilogy Software, dba TaxCycle, from founder Cameron Peters and others for CDN $70M. TaxCyle employees will be granted CDN $5M in restricted stock units. Peters will continue to lead TaxCycle.