Financial 15 Split (FTN.TO) completed the overnight offering of its preferred shares for C$107.8 million led by National Bank Financial, it said in a statement on Wednesday.
Proceeds will be used to invest in an actively managed, high-quality portfolio primarily consisting of financial services companies made up of some Canadian and U.S. issuers, it said.
Shares of the company closed down 0.1% to C$11.89 on Tuesday on the TSX.
Nanalysis Scientific (NSCI.V) on Tuesday said it expanded its collaboration with Germany-based NVision Quantum Technologies, which ordered six of the company's NMR spectrometers to support the commercialization of its quantum-enhanced MRI platform."These developments demonstrate the increasing relevance of Nanalysis' technology and expertise across several high-growth markets," said chief executive Sean Krakiwsky.Nanalysis also said it received a $1 million non-repayable contribution from Prairies Economic Development Canada to boost supply-chain resilience, expand international market opportunities and enhance its competitiveness in strategic export markets. It also completed a non-brokered private placement of 883,333 units at $0.15 per unit for gross proceeds of about $132,500.Besides, the company also announced the appointment of Heather Kury as chief financial officer following her service as interim CFO.
Westport Fuel Systems (WPRT.TO, WPRT) after close on Thursday said it completed a US$10 million financing.The company sold 1.6-million shares and 3.25-million pre-funded warrants in a registered direct offering, along with warrants to purchase up to 4.85-million additional shares in a concurrent private placement. The combined purchase price was US$2.06 per share or pre-funded warrant, including the associated warrant, it said.The company plans to use the proceeds for working capital and general corporate purposes.If all of the private placement warrants are exercised for cash, the company could receive about an additional US$10 million in gross proceeds, according to the statement.The company's shares closed up C$0.10 to C$2.98 on the Toronto Stock Exchange.
NameSilo Technologies' (URL.CN) on Tuesday said it received an order from NASA for a custom winch, a customized version of its CROC XL tether-management system.The order, placed to NameSilo's Reach Systems unit, is for a customized winch, which lets NASA integrate its own standard motor, will support ground testing related to NASA's Artemis activities."Controlled deployment and recovery of cable is one of the hardest, least visible problems in complex operations, whether the setting is subsea, on deck, or a ground test on land," said Reach Systems' Chief Executive Officer Colin Dobell. "That is exactly the problem our hardware is built to solve. This order is a meaningful example of how deployment and recovery hardware developed for harsh environments can support a wide range of technical applications."Shares of the company were last seen unchanged at C$1.46 on the Canadian Securities Exchange.