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TONY G CO-INVT HLDGS LTD - $BGRDF STOCK NEWS

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Tony G Co-Investment Holdings Ltd. announces the resignation of Mr. Andrew Parks as a director, effective February 22, 2024, to focus on his family. The Company expresses gratitude for his contributions and wishes him success in future endeavors.
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Tony G Co-Investment Holdings Ltd. (CSE: TONY) has issued 1,312,946 common shares to European High Growth Opportunities Securitization Fund in connection with the automatic conversion of a convertible debenture. The Conversion Shares were issued at a deemed conversion price of $0.98 per share. The Company will classify the $1,288,000 principal amount of the Debenture as equity and no longer as a liability for its accounting and financial reporting purposes. Litigation has been initiated against the Company by the Fund, alleging breach of contract and seeking payment of the sum of $1,288,000, plus interest. The Company has filed its responding materials, denying any further obligation under the Debenture and intending to continue to defend the litigation on this basis.
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Tony G Co-Investment Holdings Ltd. has entered into a loan agreement with Antanas (Tony) Guoga for a credit facility of up to CAD$2,000,000. The loan has an interest rate of 12% per annum and is payable by the Maturity Date of January 19, 2029. The Lender, who is also an officer, director, and 10% insider of the Company, can take actions against the Company in case of default. The Loan Agreement was approved by independent members of the Board, and no special committee was established in connection with the Loan Agreement.
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CSE: TONY - Tony G Co-Investment Holdings Ltd. Announces Acquisition of Alclin Manufacturing and Alclin Proprietary Limited for US$5,000,000. The transaction involves the purchase of 500,000 ordinary shares in each company, both engaged in the research, development, production, and distribution of DPN™, a naturally occurring co-enzyme with wide global interest. The acquisition aims to support and develop the growing market for DPN™ and related areas, including online commerce.
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CSE: TONY - Tony G Co-Investment Holdings Ltd. Announces Appointment of Ron Akram as CEO and Interim CFO. Ron Akram brings over two decades of experience in global markets banking, financial services consulting, and regulated functions. Gediminas Klepackas resigns as CEO and Interim CFO.
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Tony G Co-Investment Holdings Ltd. announces election of new director at annual shareholder meeting
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Tony G Co-Investment Holdings Ltd. announces exercise of option to acquire Sportclothes Shares
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TONY G CO-INVT HLDGS LTD

OTC:BGRDF

BGRDF Rankings

BGRDF Stock Data

7.13M
2.31M
44%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Mississauga