Showing posts with label capital. Show all posts
Showing posts with label capital. Show all posts

Monday, February 25, 2013

PPR announces that Redcats has entered into an agreement with Nordic Capital Fund VII for the sale of Ellos and Jotex

PPR announces that Redcats has entered into an agreement to sell its Nordic brands Ellos and Jotex to Nordic Capital Fund VII for an enterprise value of 275 million.
Ellos is the leading home shopping player in Scandinavia for apparel and Jotex has established itself as a key player in the Scandinavian home textile and decoration market. Recent years have brought a very positive development and a greater focus on customer needs and expectations. The brands have strengthened the attractiveness of their e-commerce websites and developed their own-brand designs and products to offer a unique collection supplemented with a range of selected external brands. The transaction will place Ellos and Jotex in an excellent position to take advantage of their potential to continue their development.
Nordic Capital Private Equity Funds invest in large and medium sized companies, primarily in the Nordic region. The company has a long track record of successful investments and has solid experience in Nordic retail. It encourages businesses to grow by expansion into new markets, product development, new industrial combinations, strategic repositioning and internationalisation.
The sale of Ellos and Jotex will mark a further step forward in the transformation of PPR into a global leader in apparel and accessories within the Luxury and Sport & Lifestyle sectors.
Subject to approval of the relevant competition authorities, the transaction should be finalised in the coming months, after informing the employee representative bodies.
Rothschild acted as financial adviser and Vinge acted as legal advisor to PPR in the transaction.

About PPR
PPR empowers an ensemble of powerful, complementary Luxury and Sport & Lifestyle brands, specialising in apparel and accessories, to reach their potential. Present in more than 120 countries, the Group generated revenues of 9.7 billion in 2012 and had over 33,000 employees at year end. The PPR share is listed on Euronext Paris (FR 0000121485, PRTP.PA, PPFP).

News source: WebWire

Source:
PPR announces that Redcats has entered into an agreement with Nordic Capital Fund VII for the sale of Ellos and Jotex



See also:

DPFOC to offer social media and content generation service.
DPFOC, already a world leading Search Engine Optimisation (SEO) agency, is delighted to announce the addition of a social media division with the appointment of Content and Social Media Executives Ms....

Grand Opening of Yasmine Kateb Photography Studio at Olympia Dr., Houston, TX
In time for the wedding season, wedding, portrait and fashion photographer Yasmine Kateb has announced the grand opening of her photography studio Neil Jou Productions Inc., located at 11319 Olympia...

Geneva 2013. Alfa 4C, pure sportiness
Alfa Romeo returns to the Geneva Motor Show with a spectacular booth that unfolds like a winding, dynamic road, the ideal place to present the world premi?re of the Alfa Romeo 4C, the ?compact...

Tuesday, February 19, 2013

Go Capital Announces Proposed Qualifying Transaction With Focus Celtic Gold Corporation

Go Capital I, Inc. ("Go Capital") (TSX VENTURE:GOC.P), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange"), is pleased to announce that it has entered into a letter of intent dated February 17, 2013 (the "LOI") for the arm's length acquisition, through an option agreement, of the Ireland and Northern Ireland lead/zinc mining licenses of Focus Celtic Gold Corporation ("Celtic"), a company incorporated under the federal laws of Canada. Pursuant to the terms of the LOI and subject to completion of satisfactory due diligence and receipt of all necessary regulatory and Exchange approvals, the proposed acquisition of Celtic's Irish base metal mining licenses will qualify as Go Capital's "Qualifying Transaction" as defined by Exchange Policy 2.4.
About Focus Celtic Gold Corporation
Celtic currently holds several gold and base metal exploration licenses in Northern Ireland, Republic of Ireland and Scotland.
About Go Capital I, Inc.
Go Capital is a capital pool company within the meaning of the policies of the Exchange. Go Capital does not have any operations and has no assets other than cash. Go Capital's business is to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction under the policies of the Exchange.
Trading of the common shares of Go Capital remains halted in connection with the dissemination of this press release, and will recommence at such time as the Exchange may determine, having regard to the completion of certain requirements pursuant to Exchange Policy 2.4. Further details of the proposed transaction, including the consideration to be paid, will follow in future press releases.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although Go Capital believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, Go Capital disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Go Capital I, Inc.
Francis Mak
Chief Executive Officer
(416) 723-1101
gocapinc@gmail.com

Focus Celtic Gold Corporation
Manu Sekhri
manu.sekhri@ascendantsecurities.com

Source:
Go Capital Announces Proposed Qualifying Transaction With Focus Celtic Gold Corporation



See also:

OSC Approves Release of Academy's Shares from Escrow
ACADEMY EXPLORATIONS LIMITED ("Academy" or the "Company"). On August 31, 2012, the Ontario Securities Commission approved the Company's request in Ontario to amend an existing escrow agreement among...

Danbel Ventures Appoints Ernst & Young LLP as Auditors
Danbel Ventures Inc. ("Danbel" or the "Company") is pleased to announce the appointment of Ernst & Young LLP ("E&Y") as its auditors, replacing Collins Barrow Toronto LLP ("Collins Barrow")....

Global Food Exchange and IFS Fund Announces Its Founders Will Be Presenting at the Accredited Members Spring Micro Cap Investor Conference in Las Vegas
Global Food Exchange Founder, Richard Lackey, and IFS Fund Founder, John Schiffner, will be presenting at the Accredited Members Spring Small Cap/Micro Cap Conference, being held at the JW Marriott...

Saturday, February 2, 2013

Tembo Engages Torrey Hills Capital for U.S. Investor Relations


Tembo Gold Corp. (TSX VENTURE:TEM)(OTCQX:TBGPF)(FRANKFURT:T23) ("Tembo" or the "Company") is pleased to announce that it has engaged San Diego Torrey Hills Capital, Inc. ("Torrey Hills") to provide investor relations services through investor road show meetings, public relations, and online media.
Torrey Hills is a leading investor and financial public relations firm specializing in small and micro-cap companies, primarily in the natural resource sector. Torrey Hills will increase awareness of Tembo through presentation meetings with investment professionals, investment advisors, and money managers focused on the microcap market space.
Torrey Hills will also profile Tembo on its website, www.babybulls.com, which showcases and provides exposure for emerging micro-cap companies to an audience of proven micro-cap investors.
Torrey Hills has been engaged on a month-by-month basis at a monthly fee of US$5,000 and will be granted stock options to purchase up to 200,000 common shares of Tembo for a period of three years at a price of $0.50 per share. The Options shall be subject to the terms of the Company's stock option plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange.
The appointment of Torrey Hills as an investor relations consultant of Tembo and the granting of the Options remain subject to regulatory acceptance of applicable filings with the TSX Venture Exchange.
About Torrey Hills Capital Inc.
Torrey Hills is a leading financial investor and public relations firm focused on small and micro-cap companies which trade in the United States, Canada, and Australia. Their marketing activities articulate their clients' key investment attributes, strategic direction, and financial expectations, all of which combine to ensure that their market value fully reflects past achievements and future opportunities. Torrey Hills focuses on a limited number of companies in order to provide comprehensive coverage, including unique investment related features not available anywhere else.
About Tembo Gold Corp.
Tembo is a Canadian publicly listed mineral exploration company focused on the exploration and development of gold projects in Tanzania and the rest of Africa. The Company currently has a 100% interest in the Tembo Gold Project that is located adjacent to African Barrick's Bulyanhulu Mine in the prolific Lake Victoria Greenstone belt in Tanzania. The company is led by a highly experienced team with a proven history of developing, financing, and operating mining projects in Africa.
On Behalf of the Board of Directors of Tembo,
David Scott, President & CEO
Forward-Looking Statements
Certain information set out in this news release constitutes forward-looking information. Forward looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe" and similar expressions. In particular, this news release contains forward-looking statements in respect of the use of the net proceeds from the Private Placement, the completion and timing of additional closings of the Non-Brokered Private Placement, the payment of certain finders' fees and the listing of the Common Shares on the TSXV. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. With respect to forward-looking statements contained in this news release, the Company has made assumptions regarding, among other things, the ability to develop the Company's properties, the economic climate in the jurisdictions where the Company carries on operations and commodity prices. Although the Company believes that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, a significant drop in the price of gold, political turmoil in Tanzania and other risk factors set forth in the Company's continuous disclosure. Readers are cautioned that this list of risk factors should not be construed as exhaustive. These statements are made as at the date hereof and unless otherwise required by law, the Company does not intend, or assume any obligation, to update these forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Tembo Gold Corp.
Marc Cernovitch
Director & VP Business Development
416.619.9010
mcernovitch@tembogold.com
www.tembogold.com

Apex Capital Inc.
Brett Allan
416.907.4148
ballan@apexcap.ca

Torrey Hills Capital
Jim Macdonald
858.456.7300
jmacdonald@torreyhillscapital.com

Source:
Tembo Engages Torrey Hills Capital for U.S. Investor Relations



See also:

Bronx Used Cars Dealer Offered Top-Dollar for Trade-Ins for New Year with Push, Pull, Tow Event
YONKERS, N.Y.Bronx used cars dealer Yonkers Automall provided shoppers with some of the best deals seen this New Year, including $3,000 guaranteed trade-in value for any vehicles and some of the...

Suzie Carr, Author of Lesbian Romance Books, Launches New Website
(January 23, 2013) - Suzie Carr, author of a series of lesbian romance books, has recently launched a new blog. The website features her works and shares her thoughts on topics ranging from writing...

New development center of Yumasoft. Inc.
Yumasoft has been very successful on IT market and received a lot of projects. Actually, our main development center is in St. Petersburg, Russia with a team of more than 50 highly educated and...