jili178
2025-01-10
TORONTO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“ Blockmate ” or the “ Company ”) is pleased to announce that it has closed its strategic investment (the “ Offering ”) involving a group of strategic investors led by Antanas Guoga (Tony G) for gross proceeds of $1,400,000. This strategic funding supports Blockmate’s pursuit of industry leadership in blockchain innovation and underscores our commitment to sustainable and transformative technology. In connection with completion of the Offering, the Company has issued 14,000,000 units (each, a “ Unit ”) at a price of $0.10 per Unit. Each Unit consists of one common share, and one common share purchase warrant exercisable to acquire a further common share at a price of $0.50 until December 23, 2027. All securities issued in connection with the Offering are subject to statutory restrictions on resale until April 24, 2025, in accordance with applicable securities laws. In addition, Tony G has voluntarily agreed to restrict resale of the 10,000,000 Units he acquired in the Offering until December 23, 2025. No finders’ fees or commissions were paid by the Company in connection with completion of the Offering. Incentive Grant The Company also announces that it has granted 5,275,000 incentive stock options (the “ Options ”), 1,200,000 restricted share units (the “ RSUs ”) and 5,000,000 deferred share units (the “ DSUs ”) in accordance with its omnibus incentive plan (the “ Incentive Plan ”) adopted by shareholders at the annual general and special meeting held on November 23, 2023. 625,000 of the Options vest immediately and are exercisable at a price of $0.21 for a period of thirty-six months. The remaining 5,000,000 Options vest quarterly over a twenty-four month period, and are exercisable at a price of $0.21 for a period of forty-eight months. The RSUs vest and will be settled in common shares of the Company after twelve months. The DSUs vest after twelve months but will only be settled in common shares of the Company upon the departure of the holder from the Company. 2,725,000 of the Options and all of the DSUs exceed the available room under the Incentive Plan. The Company intends to seek approval of shareholders to increase the size of the Incentive Plan at the next annual general meeting and will at that time seek ratification from shareholders for the additional Options and the DSUs. Until such time as shareholder ratification has been received, the additional Options and DSUs will not vest and will not be eligible for exercise or settlement. In the event shareholders elect not to ratify the grant, and room within the Incentive Plan is not available at the time, the additional Options and DSUs will be cancelled. Early Warning Disclosure In connection with the incentive grant, Domenic Carosa, a director of the Company, has been issued 5,000,000 Options and 5,000,000 DSUs. Prior to the grant, Mr. Carosa controlled 17,252,400 common shares, 1,500,000 incentive stock options, and 3,000,000 common share purchase warrants, of the Company, all of which are held by Carosa Corporation B.V., a holding company controlled by Domenic Carosa. The common shares controlled by Mr. Carosa prior to the grant represent approximately 15.1% of the issued and outstanding common shares of the Company. Following the grant, Mr. Carosa has control and direction over 17,252,400 common shares, 6,500,000 Options, 3,000,000 common share purchase warrants and 5,000,000 DSUs of the Company. Assuming the exercise and conversion of all of the Options, share purchase warrants and DSUs controlled by Mr. Carosa, he would have control and direction over 31,752,400 common shares of the Company representing approximately 19.8% of the then outstanding common shares of the Company. Mr. Carosa has acquired the securities for investment purposes and in connection with his compensation as a director of the Company and, as disclosed in the accompanying Early Warning Report, may in the future acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant. A copy of the Early Warning Report filed with the applicable securities regulators regarding the above acquisition will be available under the profile for the Company on SEDAR+ ( www.sedarplus.ca ). About Blockmate Ventures Inc. Blockmate is a venture creator focussing on building fast-growing technology businesses relating to cutting edge sectors such as blockchain and renewable energy. Working with prospective founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services, integrations and advice to accelerate the incubation of projects towards monetization. Recent projects include Hivello (download our free passive income app at www.hivello.com ) and Sunified, digitising solar energy. The leadership team at Blockmate have successfully founded successful tech companies from the Dotcom era through to the social media era. Learn more about being a Blockmate at: www.blockmate.com/ . Blockmate welcomes investors to join the Company’s mailing list for the latest updates and industry research by subscribing at https://www.blockmate.com/subscribe . ON BEHALF OF THE BOARD OF DIRECTORS Justin Rosenberg, Chief Executive Officer Blockmate Ventures Inc. justin@blockmate.com (+1-580-262-6130) Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release Forward-Looking Information This news release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.Lowtemp Industries Releases Groundbreaking New Concentrate Dispenser That Increases Cannabis Extracts Packaging Efficiency by Over 800%
I’m A Celeb viewers slam GK Barry and brand her ‘lazy’ after spotting issueCOMMERCE, Texas (AP) — Zach Calzada passed for 333 yards and three touchdowns, and he rushed for a score as Incarnate Word beat East Texas A&M 38-24 on Saturday to claim the Southland Conference title. Incarnate Word (10-2, 7-0) became the first team in program history to finish undefeated in conference play. The No. 6 Cardinals await the FCS selection show on Sunday to learn the playoff matchups. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
It is the largest successful union election in recent memory: 10,000 nurses will be joining the Teamsters. They work for hospital conglomerate Corewell Health at eight hospitals and one outpatient facility, all in southeast Michigan. “We’re so excited we can hardly stand it,” said Katherine Wallace, a nurse at the hospital in Troy, who has been a core part of the campaign since October 2023. The union won the November election with 63 percent, with more than 85 percent voting. The union committee is Nurses for Nurses, part of Teamsters Joint Council 43. The campaign was a response to staff cuts, unsafe practices, and worsening benefits, nurses said, after local hospitals were bought out by a conglomerate, now known as Corewell. “They did a lot of department mergers and cut a lot of staff, and that work has all been put on nurses,” said Becky Smola, a 10-year nurse in Dearborn. “It was becoming unsafe for us as nurses, and it’s not fair for the patients too because it’s not safe for them.” Hospital mergers and consolidations have been rampant in the U.S. over the last 30 years, with community hospitals absorbed into larger networks, sold, and then resold. Over 68 percent of hospitals are now part of networks, up from 53 percent in 2005. “I’ve been through five corporations at the hospital, and Corewell is the worst,” said nurse Natalie Lunsford, who has been at the Wayne campus since 1987. “I know what they have taken away from us. I have a small pension, but the new nurses won’t get that. I know the benefits, the holidays they’ve taken away from us. “They’re just going to keep taking from us, and enough was enough.” Corewell also forced a new insurance plan on the workers, doubling the out-of-pocket maximum and increasing prescription costs. As is increasingly the case with health care conglomerates, Corewell is the primary owner of the new insurance provider. “It was like double-dipping for them,” said Smola. The nurses had explored forming a union before, but this time was different because of problems resulting from the merger, and support from the Teamsters, they said. The organizers the nurses worked with “encouraged us not to be afraid to be public. I think that made other people feel comfortable too,” said Smola. “Teamsters were really good at helping us navigate conversations with harder questions,” said Wallace. Nurses had questions about how unions work, how dues work, and their democratic rights to vote on a contract. Wallace tabled at hospital shift changes to get basic information out to co-workers, and had many one-on-one conversations. “We refused to go door to door [to homes],” she said. “It was not well received in previous attempts. It created a backlash.” “Especially in the beginning, there were a lot of skeptical people because we’ve tried [to organize] before, most recently in 2019,” said Sarah Johnson, a radiation oncology nurse at Royal Oak, the largest hospital campus. “I just kept talking to people. I would table right outside the main entrance at shift change. We had nice conversations with people that way. “We had to get creative. If I put up a flier on the bulletin board, [managers] would take it down immediately. We created a Facebook page, a private group. We’d screen everyone first. It became our safe place to educate everyone.” Nurse organizers made creative use of TikTok and Instagram to educate other nurses and encourage their support, and the lead organizers used an encrypted app to keep in touch with each other across the nine campuses. They also used social media to combat misinformation from union-busters. The presence of union-busters was not well-received by the nurses. When the first one showed up, the nurses immediately got his picture and figured out his name. They made “wanted” posters to alert other nurses. Lunsford said that when hospital managers brought the union-busters into her campus, it backfired on the hospital, turning nurses who had previously planned to sit out the election into “yes” votes. After one of the union-busters left her nurses station, Lunsford said, she spoke with a nurse the union-buster had been talking to. “I said to her, ‘Did you know that was a union-buster?’ I started explaining to her everything we’ve lost. She wasn’t going to vote at all, and after I spoke with her, she said she was going to vote yes.” Following the vote, nurse organizers reported many co-workers reaching out to be part of the next steps of forming the union and bargaining a contract. Due to the size of the bargaining unit, the nurses will have their own local. “We’re just looking forward to a strong contract, and we’ll get it,” said Wallace. “We have strength in numbers with an immense bargaining unit. We’ll do real well at the table.”How an unexpected gift reminds us of what mattersS&P/TSX composite up almost 150 at closing, U.S. markets also higherElton John continues to lose his vision, what disease does he suffer from and what happened to the singer?
Poindexter 2-7 0-0 4, Lee 7-12 2-2 16, Glenn 4-9 0-0 9, Sundell 5-7 4-8 15, Walker 0-4 1-2 1, Lester 0-0 0-0 0, Sanchez 2-5 0-0 4, Taylor 5-8 3-4 13, Sides 0-2 0-0 0, Totals 25-54 10-16 62 Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
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