BuildDirect Announces Secured Debt Financing for US $1 Million
BuildDirect Announces Secured Debt Financing for US $1 Million
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company") a leading omnichannel building material retailer, announces the closing of a secured debt financing pursuant to which it issued, via its wholly owned subsidiary BuildDirect Operations Limited ("BuildDirect Operations"), secured notes to Pelecanus Investments Ltd. ("Pelecanus"), Lyra Growth Partners Inc. ("Lyra") and Beedie Investments Ltd. ("Beedie" and, together with Pelecanus and Lyra, the "Lenders") in an aggregated amount of US $1 million (the "2024 Additional Loan").
溫哥華,不列顛哥倫比亞州--(新聞稿公司Corp.2024年6月5日) - BuildDirect.com Technologies Inc. (TSXV: BILD) 一個領先的全渠道建材零售商，宣佈完成一項擔保債務融資，通過其全資子公司BuildDirect Operations Limited（“BuildDirect Operations”），發行擔保債券給Pelecanus Investments Ltd.（“Pelecanus”），Lyra增長夥伴公司（“Lyra”）和Beedie投資有限公司（“Beedie”）（與Pelecanus和Lyra一起，本次聚集量爲1百萬美元），並不斷推進其創業板計劃。BuildDirect"或"公司”，一家領先的全渠道建材零售商，通過其全資子公司BuildDirect Operations Limited ("BuildDirect Operations")，宣佈完成一項安全債務融資，並向Pelecanus Investments Ltd. ("Pelecanus"), Lyra增長夥伴公司 ("Lyra")和Beedie投資有限公司 ("Beedie")（與Pelecanus和Lyra一起，本次收到了總計1百萬美元的擔保票據），並繼續推進其創業板計劃。BuildDirect Operations”用於其全資子公司BuildDirect Operations Limited發行的擔保票據，Pelecanus，Lyra Growth Partners Inc. ("Lyra")和Beedie投資有限公司（"Beedie"）Lyra）和比迪投資有限公司（"Beedie"和Pelecanus、Lyra一起，這些"放貸方的份額，2024年額外貸款").
The terms of the 2024 Additional Loan include the following:
2024年額外貸款的條款包括以下內容：
- The 2024 Additional Loan bears interest at an annual rate of 12% compounded monthly and is payable upon repayment of the 2024 Additional Loan;
- The 2024 Additional Loan matures on April 1, 2026; and
- A commitment fee equal to 2% of the 2024 Additional Loan is payable upon repayment of the 2024 Additional Loan.
- 2024年額外貸款的年利率爲12％，按月複利，並在還款2024年額外貸款時支付;
- 2024年額外貸款將於2026年4月1日到期;
- 在還款2024年額外貸款時，需支付相當於2024年額外貸款的2％的承諾費。
As previously announced, on June 29, 2022 the Company issued secured notes (the "2022 Notes") to the Lenders in an aggregate principal amount of US $4,500,000 (the "Loans") which 2022 Notes were subsequently amended on December 28, 2022 and September 29, 2023.
正如先前宣佈的那樣，2022年6月29日，公司向貸方發行了擔保票據（“2022 Notes”），總額爲4,500,000美元（“2022 Notes”貸款根據2022年12月28日和2023年9月29日後隨後修訂的文件，2022年票據。
Pursuant to the 2024 Additional Loan, BuildDirect Operations issued amended and restated secured notes which amend and restate the 2022 Notes and consolidate the Loans and the 2024 Additional Loan in the same document.
根據2024年額外貸款，BuildDirect Operations發佈了經修訂和重申的擔保票據，其中修訂和重申了2022年票據，並在同一文件中合併了貸款和2024年額外貸款。
The net proceeds of the 2024 Additional Loan will be used to continue to advance BuildDirect's growth strategies and for general working capital purposes of the Company. The TSX Venture Exchange has been provided notice of the 2024 Additional Loan under TSXV Policy 5.1 - Loans, Loan Bonuses, Finder's Fees and Commissions.
2024年額外貸款的淨收益將用於繼續推進BuildDirect的發展策略和公司的一般營運資金。TSX Venture Exchange已按照TSXV政策5.1-貸款，貸款獎金，發現者費用和佣金發佈了有關2024年額外貸款的公告。
Pelecanus, Lyra and Beedie are insiders by virtue of holding 37.7%, 14.4% and 13.4% respectively of the issued and outstanding common shares of the Company on a partially diluted basis. As a result of the foregoing, the 2024 Additional Loan issued to the above entities constitutes a related party transaction as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company relied upon the exemptions from the formal valuation and minority shareholder approval requirements in sections 5.5(b) - Issuer not Listed on Specified Markets and 5.7(1)(a) - Fair Market Value Not More Than 25 Per Cent of Market Capitalization, respectively of MI 61-101.
Pelecanus，Lyra和Beedie按發行和流通的普通股部分擴大的基礎上分別持有公司股份的37.7％，14.4％和13.4％，因此，上述實體發行的2024年額外貸款構成了相關方交易，根據多邊形61-101定義董事會和全由獨立董事組成的特別委員會（“特別委員會”）批准的該安排計劃的背景和支持該安排的原因（“背景”）;("mi 61-101公司依據MI 61-101第5.5(b)和第5.7(1)(a)條的豁免規定，放棄了正式估值和少數股東批准要求。未在指定市場上市公平市場價值不超過市值的25％，市場公正價值不得超過市值的25%,多邊形61-101的相應部分。
About BuildDirect
關於BuildDirect
BuildDirect (TSXV: BILD) is a growing omnichannel building material retailer. BuildDirect connects North American home improvement B2B and B2C organizations, and homeowners with quality building materials and services through its robust global supply chain network. BuildDirect's growth trajectory, strong product offering, and proprietary heavyweight delivery network are delivering value today, solidifying its position as an innovative player in the home improvement industry. For more information, visit .
BuildDirect（TSXV：BILD）是一個不斷髮展的全渠道建材零售商。通過其強大的全球供應鏈網絡，BuildDirect將北美家居B2B和B2C組織及房主與優質建材和服務連接起來。BuildDirect的成長軌跡，強大的產品選擇和專有的重量級運輸網絡正在爲今天提供價值，鞏固其在家居改造行業中的地位。有關更多信息，請訪問 b。
Forward-Looking Information:
前瞻性信息：
This press release contains statements which constitute "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"), including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking statements are often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions. These statements reflect management's current beliefs and expectations and are based on information currently available to management as at the date hereof.
本新聞發佈包含構成適用證券法律意義下的“向前看聲明”和“向前看信息”的聲明（統稱爲“向前看聲明”），包括關於公司未來業務活動和營運表現的計劃，意圖，信仰和當前預期。向前看聲明經常由“可能”，“會”，“能夠”，“應該”，“將會”，“打算”，“計劃”，“預期”，“相信”，“估計”，“預測”或類似表達式所識別。這些陳述反映了管理層的當前信仰和期望，並基於管理層當前可獲得的信息。
Forward-looking statements in this press release may include, without limitation, statements relating to BuildDirect's use of the proceeds from the 2024 Additional Loan, BuildDirect's ability to repay the 2024 Additional Loan and BuildDirect's continued advancement of its growth strategies.
本新聞發佈中的向前看聲明可能包括關於BuildDirect利用2024年額外貸款收益，BuildDirect償還2024年額外貸款以及BuildDirect繼續推進其增長策略的表述。
Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Among those factors are changes in consumer spending, availability of mortgage financing and consumer credit, changes in the housing market, changes in trade policies, tariffs or other applicable laws and regulations both locally and in foreign jurisdictions, availability and cost of goods from suppliers, fuel prices and other energy costs, interest rate and currency fluctuations, retention of key personnel and changes in general economic, business and political conditions. These forward-looking statements may be affected by risks and uncertainties in the business of the Company and general market conditions.
許多因素可能導致實際結果，表現或成就與向前看聲明中討論或暗示的結果有所不同。這些因素包括消費支出的變化，抵押貸款融資和消費信貸的可獲得性，住房市場的變化，貿易政策的變化，關稅或其他適用法律和法規在本地和外國司法管轄區以及從供應商獲取商品的可獲得性和成本，燃料價格和能源成本，利率和貨幣波動，關鍵人員的保留以及一般的經濟，業務和政治條件等方面的變化。這些向前看聲明可能會受到公司業務和一般市場條件中的風險和不確定性的影響。
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements.
如果這些風險或不確定因素中的一個或多個實現，或者向前看聲明基礎的假設被證明不正確，則實際結果可能與本文中所述的預期，計劃，意圖，信念，估計或預期不一致。應仔細考慮這些因素，並且讀者不應對向前看聲明放置過度的依賴。
Although the forward-looking statements contained in this press release reflect the Company's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, the Company cannot assure readers that actual results will be consistent with these forward looking statements. There may be other risks, uncertainties and factors that cause results not to be as anticipated, estimated or intended and such changes could be material. These forward-looking statements are made as of the date of this press release, and BuildDirect assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
儘管本新聞發佈中的向前看聲明反映了管理層在文中合理地考慮的意見，假設和估計的關於未來結果或事件的管理層的預期，但公司無法保證讀者實際結果將與這些向前看聲明一致。可能存在其他風險，不確定性和因素導致結果與預期，估計或意圖不同，這種變化可能是實質性的。這些向前看聲明是根據本新聞發佈日期製作的，並且BuildDirect在法律要求下沒有設定更新或修改這些向前看聲明的責任。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX Venture Exchange及其監管服務提供者（如TSX Venture Exchange的政策中所定義的那樣）均不對本發佈的充分性或準確性承擔責任。
For further information:
有關詳細信息：
Shawn Wilson, CEO, 1.778.382.7748;
肖恩·威爾遜，首席執行官，1.778.382.7748；
BuildDirect Investor Relations
ir@builddirect.com
BuildDirect投資者關係
ir@builddirect.com
譯文內容由第三人軟體翻譯。