New Frontier Ventures Inc. Completes Debt to Equity Conversion
Toronto, Ontario--(Newsfile Corp. - July 7, 2023) - New Frontier Ventures Inc. (the "Company") (CSE: VFI.X) announced today that the Company has completed the conversion of certain indebtedness of the Company in an aggregate amount of $211,994 in exchange for 4,239,880 common shares of the Company at $0.05 per share (the "Debt to Equity Conversion"), a transaction that was previously announced on June 28, 2023.The conversion price was $0.05 per share. All of the securities issuable in...
2023-07-07 8:56 PM EDT
New Frontier Ventures Inc. Approves Business at Annual and Special Shareholders Meeting Including a Debt to Equity Conversion
Toronto, Ontario--(Newsfile Corp. - June 28, 2023) - New Frontier Ventures Inc. (CSE: VFI.X) (the "Company") is pleased to announce that shareholders have approved all resolutions put forth at its Annual and Special Meeting of Shareholders held today (the "Shareholders Meeting"), including the settlement of certain indebtedness of the Company in an aggregate amount of $211,994 in exchange for 4,239,880 common shares of the Company at $0.05 per share (the "Debt to Equity Conversion"). The...
2023-06-28 6:09 PM EDT
Gravitas Financial Inc. Announces Name Change and Share Consolidation
Toronto, Ontario--(Newsfile Corp. - September 30, 2022) - Gravitas Financial Inc. (CSE: GFI) (the "Company") announces a name change to New Frontier Ventures Inc. (the "Name Change") and a consolidation of its issued and outstanding voting common shares on the basis of one (1) post-consolidated common share for every twenty-five (25) pre-consolidated common shares (the "Consolidation"). The Consolidation and Name Change were approved by shareholders of the Company at its special meeting held...
2022-09-30 4:30 PM EDT
Gravitas Financial Announces Delay of Filing of Interim Disclosure Documents for the First Quarter of 2020
Toronto, Ontario--(Newsfile Corp. - May 27, 2020) - Gravitas Financial Inc. (CSE: GFI) ("Gravitas Financial" or the "Company") today announced that it plans to file its unaudited condensed interim consolidated financial statements and MDA ("Interim Filings") for the quarter ended March 31, 2020, after it will file it annual audited consolidated financial statements and MDA for the year ended December 31, 2019.As announced on April 14, 2020, the Company is relying on the Blanket Exemption...
2020-05-27 4:30 PM EDT
Gravitas Announces Closing of Previously Announced Transactions Regarding the Purchase of Notes and Debentures Issued Under the Trust Indentures for Cancellation
Toronto, Ontario--(Newsfile Corp. - May 6, 2020) - Gravitas Financial Inc. (CSE: GFI): Further to its April 21, 2020 announcement of its debt repurchase agreement (the "Debt Repurchase Agreement") with the fiduciary acting on behalf of the beneficial holders of substantially all of Gravitas' secured debt (the "Debtholder"), Gravitas Financial Inc. ("Gravitas") announces that it has closed the transactions contemplated in the Debt Repurchase Agreement and acquired all of the 8% variable...
2020-05-06 3:17 PM EDT
Gravitas Announces Closing of Previously Announced Transaction Regarding the Sale of its Securities in Gravitas Ilium Corporation
Toronto, Ontario--(Newsfile Corp. - April 28, 2020) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated May 28, 2019 announcing the entering into of an accommodation agreement and related sale and investment solicitation process ("SISP") and news release dated October 18, 2019, Gravitas Financial Inc. ("Gravitas") announces that it has closed its previously announced transaction relating to the sale of all of its interest in Gravitas Ilium Corporation ("GIC"), being...
2020-04-28 4:42 PM EDT
Gravitas Enters into Definitive Agreement regarding the Purchase of Notes and Debentures issued under the Trust Indentures for Cancellation
Toronto, Ontario--(Newsfile Corp. - April 21, 2020) - Gravitas Financial Inc. (CSE: GFI) ("Gravitas") announces that it has entered into a debt repurchase agreement (the "Purchase Agreement") with the fiduciary acting on behalf of the beneficial holders of substantially all of Gravitas' secured debt (the "Debtholder") pursuant to which Gravitas will acquire all of the 8% variable secured debentures issued pursuant to the trust indenture of Gravitas dated June 25, 2013 and the 3.5% secured...
2020-04-21 10:15 PM EDT
Gravitas Financial Announces Delayed Filing of Annual Disclosure Documents Pursuant to OSC Blanket Instrument 51-502
Toronto, Ontario--(Newsfile Corp. - April 15, 2020) - Gravitas Financial Inc. (CSE: GFI) ("Gravitas Financial" or the "Company") today announced in accordance with Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements of the Ontario Securities Commission (the "Blanket Exemption Order"), which was adopted for the purpose of providing certain filing and other relief to issuers in light of the challenges posted by the COVID-19 pandemic, that it will be...
2020-04-15 6:38 PM EDT
Gravitas Announces Closing of Previously Announced Transaction Regarding the Sale of its Securities in The Mint Corporation
Toronto, Ontario--(Newsfile Corp. - January 6, 2020) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated September 27, 2019 and October 29, 2019, Gravitas Financial Inc. ("Gravitas") announces that it has closed its previously announced transaction relating to the sale to Mobile Telecommunication Group LLC and Global Business Services for Multimedia (collectively, the "Purchasers") of common shares in the capital of The Mint Corporation ("Mint") registered and beneficially...
2020-01-06 8:23 PM EST
Gravitas Announces Closing of Previously Announced Portfolio of Assets Transaction
Toronto, Ontario--(Newsfile Corp. - December 20, 2019) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated September 24, 2019, Gravitas Financial Inc. ("Gravitas") announces that Gravitas has completed the closing of its previously announced transaction by selling to Ridley Park Capital Inc. ("RPC") its interest in Prime City One Capital Corp. ("Prime City") for $100,000.As previously disclosed in its most recent interim financial statements, Gravitas closed the other...
2019-12-20 11:33 PM EST
Gravitas Announces Sale of Certain Indebtedness
Toronto, Ontario--(Newsfile Corp. - December 16, 2019) - Gravitas Financial Inc. (CSE: GFI): Gravitas Financial Inc. ("Gravitas") announces that it has sold to Ilium Capital Corp. ("Ilium"), indebtedness in a principal amount of $4,993,739 owing to it by 2242257 Ontario Inc., an affiliate of Gravitas (the "Purchased Indebtedness") for consideration of $375,000 (the "Transaction") pursuant to a debt purchase agreement ("Ilium Purchase Agreement") dated as of the date hereof. The Ilium Purchase...
2019-12-16 9:26 PM EST
Gravitas Announces New Interim Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - November 29, 2019) - Gravitas Financial Inc. (CSE: GFI) ("Gravitas" or the "Company"), is pleased to announce the appointment of Mr. Yongbiao Ding as Interim Chief Financial Officer effective today November 28, 2019.Forward-looking Statements.Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events or our future performance and, in certain cases, can be identified by the use of words such as...
2019-11-29 7:48 PM EST
Gravitas Announces Closing of Previously Announced New India Investment Corp. Transaction
Toronto, Ontario--(Newsfile Corp. - November 13, 2019) - Gravitas Financial Inc. (CSE: GFI) Further to its news release dated September 29, 2019, Gravitas Financial Inc. ("Gravitas") announces that Gravitas has closed its previously announced transaction relating to the sale of all of its interest in New India Investment Corp. (the "Company"), being 100 common shares (the "Purchased Securities") and certain indebtedness owing by the Company to Gravitas in the amount of approximately...
2019-11-13 1:19 AM EST
Gravitas Provides Clarification Regarding New India Transaction
Toronto, Ontario--(Newsfile Corp. - November 8, 2019) - In connection with Gravitas Financial Inc.'s (CSE: GFI) ("Gravitas") previously announced sale (the "New India Transaction") of all of its interest in New India Investment Corp. to Principle Capital Partners Corporation ("Principle"), Gravitas wishes to disclose that Vikas Ranjan, a director and President of Gravitas, is also a director of Pr
2019-11-08 1:58 AM EST
Gravitas Announces Closing of Previously Announced Transaction
Toronto, Ontario--(Newsfile Corp. - November 5, 2019) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated September 27, 2019, Gravitas Financial Inc. ("Gravitas") announces that Gravitas Financial Services Holdings Inc., a wholly owned subsidiary of Gravitas, has closed its previously announced transaction relating to the sale of all of its interest in Portfolio Analysts Inc., being 80 Class "B" common shares and 800 Class "C" preferred shares (the "Purchased Securities")...
2019-11-05 10:47 PM EST
Gravitas Announces Voting Results for Annual General and Special Meeting and Resignation of CFO
Toronto, Ontario--(Newsfile Corp. - October 29, 2019) - Gravitas Financial Inc. (CSE: GFI) ("Gravitas" or the "Company") is pleased to announce the following voting results from the Company's annual general and special meeting of shareholders (the "Meeting") held in Toronto, Ontario on October 29, 2019. At the Meeting. each of Vishy Karamadam, Vikas Ranjan, Yongbio (Winfield) Ding, Lawrence Xing, and Brent Houlden were unanimously elected as directors of the Company and MNP LLP was appointed...
2019-10-29 10:11 PM EDT
Gravitas Announces Definitive Agreement Regarding the Sale of Securities in Gravitas Ilium Corp.
Toronto, Ontario--(Newsfile Corp. - October 18, 2019) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated May 28, 2019 announcing the entering into of an accommodation agreement (the "Accommodation Agreement") and related sale and investment solicitation process ("SISP"), Gravitas Financial Inc. ("Gravitas") announces that it has entered into a share purchase agreement effective October 11, 2019 (the "Purchase Agreement") with Ilium Capital Corp. ("Ilium") pursuant to...
2019-10-18 10:51 PM EDT
Gravitas Announces Definitive Agreement Regarding the Sale of certain Indebtedness
Toronto, Ontario--(Newsfile Corp. - October 18, 2019) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated May 28, 2019 announcing the entering into of an accommodation agreement (the "Accommodation Agreement") and related sale and investment solicitation process ("SISP"), Gravitas Financial Inc. ("Gravitas") announces that it has entered into a purchase agreement (the "Purchase Agreement") with The Canadian Family Office Network Ltd. ("CFON") pursuant to which CFON will...
2019-10-18 10:47 PM EDT
Gravitas Announces Definitive Agreement Regarding the Sale of its Interest in New India Investment Corp.
Toronto, Ontario--(Newsfile Corp. - September 29, 2019) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated May 28, 2019 announcing the entering into of an accommodation agreement (the "Accommodation Agreement") and related sale and investment solicitation process ("SISP"), Gravitas Financial Inc. ("Gravitas") announces that it has entered into a share purchase agreement (the "Purchase Agreement") with Principle Capital Partners Corporation ("Principle Capital") pursuant...
2019-09-29 9:22 PM EDT
Gravitas Announces Definitive Agreement regarding the Sale of Securities in Portfolio Analysts Inc.
Toronto, Ontario--(Newsfile Corp. - September 27, 2019) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated May 28, 2019 announcing the entering into of an accommodation agreement (the "Accommodation Agreement") and related sale and investment solicitation process ("SISP"), Gravitas Financial Inc. ("Gravitas") announces that Gravitas Financial Services Holdings Inc., a wholly owned subsidiary of Gravitas, has entered into a share purchase agreement (the "Purchase...
2019-09-27 5:50 PM EDT