Abaxx Technologies

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE CA:ABXX) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, is pleased to announce it has today closed the first tranche (the “First Tranche”) of a non-brokered private placement financing with a strategic investor (the “Financing”).» Mehr auf globenewswire.com

TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (Cboe CA:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”) today announces the expiration of 8,333,333 common share purchase warrants of MineHub Technologies Inc. (“MineHub”) held by Abaxx resulting in a change of Abaxx's partially diluted beneficial ownership of MineHub of greater than 2% and the filing of an early warning report.» Mehr auf globenewswire.com

Vancouver, British Columbia--(Newsfile Corp. - November 18, 2024) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company"), a leading provider of digital supply chain solutions for the commodity markets, is pleased to announce the Company and Abaxx Technologies Inc. (Cboe CA: ABXX) (OTCQX:ABXXF) ("Abaxx") have entered into a Letter of Intent ("LOI") wherein Abaxx will increase its strategic ownership in Minehub from its current 10.83% interest to 19.99%. Abaxx will acquire 8,810,000 common shares of MineHub at a deemed price per share of $0.35 (the "MineHub Shares"), in exchange for $3,083,500 in cash (the "Abaxx Cash Payment") or the issuance of 237,192 Abaxx common shares (the "Abaxx Shares") at Abaxx's sole election prior to closing (the "Transaction").» Mehr auf newsfilecorp.com