Penbar Capital Ltd. Announces Amendments to the Terms of Its Proposed Qualifying Transaction and Financing
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2025) - Further to its news release dated March 17, 2025, Penbar Capital Ltd. (TSXV: PEM.P) ("Penbar") has amended a number of the terms of the amalgamation agreement dated March 14, 2024, with Eastport Ventures Inc. ("Eastport"), including the terms of the related financing for subscription receipts of Eastport, in connection with Penbar's proposed qualifying transaction (the "Transaction"). The Transaction will be carried out pursuant...
2025-05-26 5:00 PM EDT
Penbar Capital Ltd. Announces Proposed Qualifying Transaction
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2025) - Penbar Capital Ltd. (TSXV: PEM.P) (the "Company") is pleased to announce that it has entered into a definitive amalgamation agreement (the "Definitive Agreement") on March 14, 2025, with Eastport Ventures Inc. ("Eastport"), an arm's length party, pursuant to which the Company intends to acquire (the "Acquisition") all of the issued and outstanding securities of Eastport by way of a three-cornered amalgamation, subject to...
2025-03-17 10:00 AM EDT
Penbar Capital Ltd. and Emissions EV Technologies Inc. Announce Termination of Amalgamation Agreement
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2025) - Penbar Capital Ltd. (TSXV: PEM.P) ("Penbar") announced today that further to its news releases dated February 7, 2024, January 10, 2024, November 27, 2023, November 15, 2023, October 31, 2023, and October 4, 2023, it will not be proceeding with its proposed amalgamation with Emissions EV Technologies Inc. ("EV") under the original terms at this time, and that the amalgamation agreement dated November 24, 2023 between Penbar,...
2025-01-29 9:00 AM EST
Penbar Capital Ltd. Announces Amendment to Letter of Intent with Emissions EV Technologies Ltd.
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2023) - Penbar Capital Ltd. (TSXV: PEM.P) ("Penbar") announces that further to its press release dated October 4, 2023, the timelines in the non-binding letter of intent dated October 3, 2023 (the "LOI") with Emissions EV Technologies Ltd. ("Emissions EV") have been amended pursuant to an amendment to the LOI dated October 31, 2023 ("Amended LOI"). The LOI outlines the general terms and conditions pursuant to which Penbar and...
2023-10-31 10:00 AM EDT
Penbar Capital Ltd. Announces Letter of Intent for Proposed Business Combination with Emissions EV Technologies Ltd.
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2023) - Penbar Capital Ltd. (TSXV: PEM.P) ("Penbar") is pleased to announce that it has entered into a non-binding letter of intent dated October 3, 2023 (the "LOI") with Emissions EV Technologies Inc. ("Emissions EV") pursuant to which Penbar proposes to acquire all of the issued and outstanding securities of Emissions EV in exchange for the issuance of securities of Penbar, which will result in Emissions EV becoming a wholly-owned...
2023-10-04 12:55 PM EDT
Penbar Capital Ltd. Completes Initial Public Offering as a Capital Pool Company
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2022) - Penbar Capital Ltd. (TSXV: PEM.P) ("Penbar") is pleased to announce that it has completed its initial public offering of 2,000,000 common shares (the "IPO") raising gross proceeds of $200,000 (the "Proceeds") pursuant to a prospectus dated October 29, 2021. A total of 2,000,000 common shares in the capital of Penbar (the "Shares") were subscribed for at a price of $0.10 per Share. Canaccord Genuity Corp. acted as agent for the...
2022-01-27 2:27 PM EST