TSL Express Daily Articles & News

Cuda Oil and Gas Inc. (“Cuda” or the “Company”) (TSXV: CUDA) is pleased to announce that it has entered into an Agreement with the Company’s institutional lender (the “Lender”) to extend the expiration of its 2nd Lien Facility from December 31, 2019 to March 31, 2020. In addition, the Lender has agreed to advance funding of $4.5 MM CAD under the 2nd Lien Facility. The capital proceeds will be used to fund oil field development expenditures associated with the Company’s Barron Flats Shannon Unit (SSRU) in Converse County, Wyoming.

Jennifer started her career at Summit Financial Resources in 2009. She will be based out of the Utah office.

Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to announce that it has renegotiated the terms of its long-term debt owing to Orca Holdings, LLC ("Orca") and that Orca has agreed to a reduction in the interest rate and an extension of the maturity date of the loan (the "Loan"), as well as an immediate repayment of a portion of the debt.

Boreal Metals Corp. ("Boreal" or the "Company") (BMX.V) is pleased to announce that it has entered into a loan facility agreement (the "Loan Agreement") with EMX Royalty Corporation (the "Lender") for a secured loan facility of C$800,000 (the "Loan").

Global professional services firm Alvarez & Marsal (“A&M”) has appointed Wayne Jephson as a London-based Managing Director, to support the continued expansion of its Global Transaction Advisory Group.

Nicole Crafts has decided to exit its retail operations by retaining the retail and real estate divisions of Gordon Brothers to close the A.C. Moore stores, as part of a broader strategic plan. Matthew Pascucci of Mackinac Partners has been appointed as Chief Restructuring Officer of A.C. Moore to assist in this effort.

Cascades Inc. (TSX: CAS) (the "Company"), a leader in eco-friendly recycling, packaging and hygiene solutions, announced today that it has completed its previously announced private offering of US$350 million aggregate principal amount of 5.125% senior notes due 2026, US$300 million aggregate principal amount of 5.375% senior notes due 2028 and Cdn$175 million aggregate principal amount of 5.125% senior notes due 2025.

Citizens Commercial Banking announced today that its Commercial Real Estate Finance team is providing a $55 million loan to LeCesse Development Corp. and MAS Development Group, for the construction of a mixed-use apartment complex called Vinty in Elizabeth, N.J. Citizens is Left Lead Bank and Administrative Agent.

Compass Minerals International, Inc. (NYSE: CMP) completed today its previously announced offering of $500 million aggregate principal amount of 6.75% senior notes due 2027 in a private offering. Compass Minerals has also closed on its new amended and restated credit agreement which provides for a $300 million revolving credit facility and $400 million term loan. Both the revolving credit facility and the term loan mature on January 15, 2025 and carry an interest rate of LIBOR plus 2 percent or a base rate plus 1 percent, as applicable.

Caliber Imaging & Diagnostics, Inc. (Caliber I.D.) a global leader of confocal microscopy for non-invasive cellular-level imaging of the skin, announced today the closing of a $5.0 million term loan financing from Bridge Bank. The first $3.0 million tranche will be funded immediately upon closing and the remaining tranche of $2.0 million will be available upon satisfaction of certain operational and financing covenants. The proceeds from this financing will be used to expand sales and marketing team and capabilities and for working capital and general corporate purposes.

Park Lawn Corporation (PLC.TO) ("PLC") is pleased to announce an increase to its syndicated bank financing arrangement as well as the addition of CIBC to the syndicate led by National Bank of Canada and including Bank of Montreal , Bank of America and The Toronto-Dominion Bank.

The Facilities were arranged by Australia and New Zealand Banking Group Limited, Bank of China, Singapore Branch, Coöperatieve Rabobank U.A. Singapore Branch, DBS Bank Ltd., Emirates NBD Capital Limited, Industrial and Commercial Bank of China Limited, London Branch, ING Bank N.V. Singapore Branch, Mizuho Bank, Ltd., MUFG Bank, Ltd., Oversea-Chinese Banking Corporation Limited, Société Générale, Singapore Branch, and Sumitomo Mitsui Banking Corporation Singapore Branch, acting as Bookrunning Mandated Lead Arrangers ("BMLAs").

Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF) (“Kutcho Copper” or the “Company”) announces that Wheaton Precious Metals Corp. (“Wheaton”) has agreed to amend the terms (the “Amendment”) of its $20 million convertible debenture investment (the “Original Debenture”) in Kutcho Copper that closed on December 14, 2017.

Ms. Koveleski holds a Bachelor’s degree from Temple University and worked at another commercial finance company before joining North Mill Capital in 2018.

Crestmark secured a total of $13,100,000 in ABL financial solutions for seven new clients; Crestmark Equipment Finance provided $16,833,431 in eight new lease transactions; Crestmark Vendor Finance provided $7,397,038 in 78 new lease transactions; the Joint Ventures Division provided $1,432,735 in financing for one client; and the Government Guaranteed Lending Division provided $1,345,000 in financing for one new client in the first half of November.

Brian Dermott has joined the firm as a Principal, Chase Gund as a Manager and Joseph Barron as a Senior Associate. Brian, Chase and Joseph, all licensed CPAs, will expand the Transaction Advisory Group based in Charlotte, which focuses on serving private equity groups, corporate strategic buyers, mezzanine lenders and other investors.

OceanaGold Corporation (TSX: OGC / ASX: OGC) (the "Company") is pleased to announce it has amended its existing $200 million Revolving Credit Facility ("Facility") with its banking partners: Scotiabank, Citi, HSBC, Commonwealth Bank of Australia, Natixis and BNP Paribas.

Mr. Devaney works with sponsors and the management teams of private funds with respect to transactional matters and U.S. securities laws and regulations in forming private funds, fundraising and investor subscriptions, and fund administration and operations. He represents U.S. domestic and global private equity, private credit, real estate, infrastructure and venture capital funds, and hedge funds with a broad range of investment strategies.

LVMH Moët Hennessy Louis Vuitton SE (“LVMH”), the world’s leading luxury group and Tiffany & Co. (NYSE: TIF) (“Tiffany”), the global luxury jeweler, today announced that the companies have entered into a definitive agreement whereby LVMH will acquire Tiffany for $135 per share in cash, in a transaction with an equity value of approximately €14.7 billion or $16.2 billion.

AlixPartners, the global consulting firm, announced today that life sciences expert Frank Scholz has joined as a managing director and one of the key leaders in the firm’s global Healthcare and Life Sciences practice, focusing on helping lead efforts in the pharmaceutical sector. He will be based in AlixPartners’ Chicago office.