Canadian Securities Exchange

CryptoBlox Signs Share Purchase Agreement to Acquire Blockchain Fintech

Retrieved on: 
Tuesday, March 5, 2024
License, News, Canadian Securities Exchange, Acquisition, Letter, Digital asset, Indian stock exchange, Blockchain, Agreement, Partnership, Cryptocurrency

Vancouver, B.C., March 05, 2024 (GLOBE NEWSWIRE) -- CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX) is pleased to announce that it has entered into a share purchase agreement, dated effective March 4, 2024 (the “Agreement”), to acquire (the “Acquisition”) Blockchain Fintech Unipessoal LDA (“Blockchain Fintech”), a Portuguese corporation that develops blockchain-based financial technologies that help onboard “average users” to the blockchain economy. Pursuant to the Agreement, the Company will acquire 100% of the outstanding shares of Blockchain Fintech for 20,000,000 common shares of the Company, having a deemed value of $11,000,000.

Key Points: 
  • Vancouver, B.C., March 05, 2024 (GLOBE NEWSWIRE) -- CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX) is pleased to announce that it has entered into a share purchase agreement, dated effective March 4, 2024 (the “Agreement”), to acquire (the “Acquisition”) Blockchain Fintech Unipessoal LDA (“Blockchain Fintech”), a Portuguese corporation that develops blockchain-based financial technologies that help onboard “average users” to the blockchain economy.
  • Pursuant to the Agreement, the Company will acquire 100% of the outstanding shares of Blockchain Fintech for 20,000,000 common shares of the Company, having a deemed value of $11,000,000.
  • On September 28, 2023, the Company announced the execution of a letter of intent with Blockchain Fintech, which contemplated a strategic partnership in which CryptoBlox would acquire the rights to Blockchain Fintech’s digital asset license then under development (the “License”).
  • Through Blockchain Fintech, the Company intends to build and launch structured digital asset products and blockchain payments services within Portugal and eventually other jurisdictions.

IMC Announces Potential Reverse Merger with Kadimastem a leading Clinical cell therapy company

Retrieved on: 
Wednesday, February 28, 2024
Regulation, Person, News, Canadian Securities Exchange, Sale, KDST, Par value, Diabetes, ALS, Term sheet, Biotechnology, Legacy, Loan, Spin-off (media), CVR, Loan agreement, IMCC, Transaction, Date, Holding company, FDA, Debtor, Executive, Tel Aviv Stock Exchange, Security (finance)

TORONTO and GLIL YAM, Israel, Feb. 28, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany, is pleased to announce that it has entered into a non-binding term sheet dated February 13, 2024, as amended (the "Term Sheet"), and a Loan Agreement (as defined below) with Holding Company (as defined below), with Israel-based Kadimastem Ltd a clinical cell therapy public company traded on the Tel Aviv Stock Exchange under the symbol (TASE: KDST) ("Kadimastem"), whereby the parties will complete a business combination that will constitute a reverse merger into the Company by Kadimastem (the "Proposed Transaction").

Key Points: 
  • We have been looking for a way to deliver maximum value for our shareholders in the current situation and believe that a reverse merger with Kadimastem will provide this," said Oren Shuster, CEO of IMC.
  • "With its focus on clinical stage cell therapy, and an FDA approval for a Phase IIa clinical trial, we believe that Kadimastem has tremendous potential."
  • The Proposed Transaction will be effected by way of a plan of arrangement involving a newly created wholly-owned subsidiary of IMC and Kadimastem (the "Arrangement").
  • Pursuant to the terms of the Term Sheet, a loan agreement dated February 28, 2024 (the "Loan Agreement") was entered between IMC Holdings Ltd. a wholly-owned subsidiary of IMC (the "Holding Company") and Kadimastem.

Prime Drink Group Corp. Enters Into Binding Letter of Intent To Acquire Triani Canada Inc.

Retrieved on: 
Monday, January 22, 2024
Legislation, Issuer, Sale, LOI, Multilateral, Letter, Consideration, Growth, IP, Transaction, Prospectus, Marketing, Name, Canadian Securities Exchange, Innovation, Exercise, Concurrency, Octane, Consolidation, Alcoholism, Adjustment, Branding, Minority, Intellectual property, News, Security (finance)

MONTREAL, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces that it has entered into a binding letter of intent dated January 21, 2024 (the “Letter of Intent”) with 9296-0186 Québec Inc. (“9296”) whereby the Company will acquire all of the issued and outstanding common shares of Triani Canada Inc. (“Triani”, and together with 9296, the “Vendor”) from 9296 by way of business combination (the “Proposed Transaction”).

Key Points: 
  • MONTREAL, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces that it has entered into a binding letter of intent dated January 21, 2024 (the “Letter of Intent”) with 9296-0186 Québec Inc. (“9296”) whereby the Company will acquire all of the issued and outstanding common shares of Triani Canada Inc. (“Triani”, and together with 9296, the “Vendor”) from 9296 by way of business combination (the “Proposed Transaction”).
  • Founded in 2015, Triani experienced solid growth following the company’s successful foray into Québec grocery stores with its Cantini, Ettaro, and Enjoy wine brands.
  • Triani produces and markets Octane, Mojo, Baron, and Seagram malt-based alcoholic beverages, as well as non-alcoholic products under the Hickson brand.
  • There can be no assurance that the trading of Prime Shares will resume prior to the completion of the Proposed Transaction.

Teako Announces Shares for Debt Transactions and Completion of Securities Exchange with The Coring Company

Retrieved on: 
Tuesday, December 19, 2023
Canadian Securities Exchange, TCC, Debt settlement, Consultant, Indian stock exchange, News, Minority, Security (finance)

The Company will enter into shares for debt agreements with each Creditor in connection with the Debt Settlement.

Key Points: 
  • The Company will enter into shares for debt agreements with each Creditor in connection with the Debt Settlement.
  • The Settlement Shares will be subject to a four-month and one-day hold period in accordance with applicable securities laws.
  • In addition, the Company is pleased to announce that further to signing the definitive securities exchange agreement with The Coring Company (or "TCC") ( see news release dated October 2, 2023 ), the Company issued 2,790,816 Common Shares to TCC on October 12, 2023 in exchange for 4.9% of the issued and outstanding common shares of TCC (the "TCC Shares"), equal to 626,521 TCC Shares with a valuation of C$1.6 Million.
  • The Common Shares issued by Teako to TCC are subject to a four-month and one-day hold period.

CryptoBlox Signs Definitive Agreement to License Modular Renewable Energy Powered Mining Infrastructure Patent Rights for Four Years

Retrieved on: 
Monday, November 20, 2023
Crypto, Canadian Securities Exchange, Indian stock exchange, CSE, WIPO, Wind, License, Patent, Cryptocurrency

Crypto Green holds the rights to a patent application submitted with the International Bureau of WIPO (the “Patent Rights”) respecting the Renewable Energy Powered Crypto Mining Technology.

Key Points: 
  • Crypto Green holds the rights to a patent application submitted with the International Bureau of WIPO (the “Patent Rights”) respecting the Renewable Energy Powered Crypto Mining Technology.
  • The License is a significant step towards further expanding CryptoBlox’s off-grid, alternative energy powered digital asset mining infrastructure.
  • The License was negotiated at arm’s length and is not expected to result in a change of control of CryptoBlox.
  • A finder’s fee of 2,800,000 Common Shares, representing 7% of the number of Common Shares issuable pursuant to the License, will be payable to the party that introduced Crypto Green to the Company.

FORTY PILLARS ANNOUNCES PROPOSED SHARE CONSOLIDATION AND DIRECTOR APPOINTMENT

Retrieved on: 
Saturday, November 18, 2023
App, ISIN, Canadian Securities Exchange, 3D, CSE, UAV, CUSIP, News, Blockchain, Consolidation

Vancouver, B.C., Nov. 17, 2023 (GLOBE NEWSWIRE) -- Forty Pillars Mining Corp. (CSE: PLLR) (the “Company” or “Forty Pillars”) announces that its board of directors has approved a share consolidation (the “Consolidation”) of the common shares in the capital of the Company at a ratio of three (3) pre-Consolidation common shares for one (1) post-Consolidation common share (the “Consolidated Shares”).

Key Points: 
  • Vancouver, B.C., Nov. 17, 2023 (GLOBE NEWSWIRE) -- Forty Pillars Mining Corp. (CSE: PLLR) (the “Company” or “Forty Pillars”) announces that its board of directors has approved a share consolidation (the “Consolidation”) of the common shares in the capital of the Company at a ratio of three (3) pre-Consolidation common shares for one (1) post-Consolidation common share (the “Consolidated Shares”).
  • The proposed Consolidation would result in the number of issued and outstanding common shares being reduced from the current outstanding 14,692,589 common shares to approximately 4,897,529 common shares, subject to rounding.
  • Any fractional shares resulting from the Consolidation will be rounded up to the next whole common share, and no cash consideration will be paid in respect of fractional shares.
  • Notwithstanding the foregoing, the Company may, at its discretion, determine to amend the terms or not to move forward with the share consolidation.

Jushi Holdings Inc. Announces Option Re-Pricing Program

Retrieved on: 
Thursday, November 16, 2023
Participation, Canadian Securities Exchange, CSE, Warrant, Exercise, Fair market value, BOCA, Employment, Plan, Option, Security (finance), Jushi, Share (finance)

“Stock options are a critical component of Jushi’s compensation philosophy for senior management, the focal point of which is to increase long-term stockholder value.

Key Points: 
  • “Stock options are a critical component of Jushi’s compensation philosophy for senior management, the focal point of which is to increase long-term stockholder value.
  • A total of 3,224,000 Subject Options (or 11% of the options authorized under the Option Plan) are part of the Program (including 1,465,000 Subject Options held by two officers of the Company).
  • James Cacioppo, the CEO of the Company, is not eligible to participate in the Program.
  • Eligible Participants that participate in the Program will have all of their Subject Options cancelled on November 17, 2023, and then will have the same number of options re-issued under the Option Plan (the “Replacement Options”) on the Option Re-Issuance Date at the Re-Issuance Exercise Price.

Refined Metals Corp. to Amend Expiry Date of Warrants

Retrieved on: 
Monday, November 13, 2023
Canadian Securities Exchange, Minority, CSE, Warrant, FRA, Exercise, RMC, Nature, Multilateral, Security (finance)

VANCOUVER, British Columbia, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Refined Metals Corp. (CSE: RMC; OTC: RFMCF; FRA: CWA0) (the “Company”) announces that it intends, effective November 14, 2023, to extend the expiry date of an aggregate of 5,196,667 outstanding common share purchase warrants (the “Warrants”) by one year such that the Warrants, which had been scheduled to expire on November 29, 2023, will now have an expiry date of November 29, 2024 (the “Warrant Amendment”).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Refined Metals Corp. (CSE: RMC; OTC: RFMCF; FRA: CWA0) (the “Company”) announces that it intends, effective November 14, 2023, to extend the expiry date of an aggregate of 5,196,667 outstanding common share purchase warrants (the “Warrants”) by one year such that the Warrants, which had been scheduled to expire on November 29, 2023, will now have an expiry date of November 29, 2024 (the “Warrant Amendment”).
  • The Warrant Amendment remains subject to acceptance by the Canadian Securities Exchange.
  • Eli Dusenbury, the Chief Financial Officer of the Company, and Mark Fields, a director of the Company, beneficially own 29,167 Warrants and 42,500 Warrants, respectively.
  • The Company did not file a material change report at least 21 days before the expected effective date of the Warrant Amendment as the Company was required to complete the Warrant Amendment in an expeditious manner prior to the expiry of the Warrants.

Cansortium Announces Shares for Debt Settlement

Retrieved on: 
Friday, November 10, 2023
Canadian Securities Exchange, Minority, CSE

The Debt Shares are being issued at a price equal to the closing market price of the common shares of the Company as listed on the Canadian Securities Exchange (“CSE”) on September 30, 2023, being US$0.095, in accordance with the policies of the CSE.

Key Points: 
  • The Debt Shares are being issued at a price equal to the closing market price of the common shares of the Company as listed on the Canadian Securities Exchange (“CSE”) on September 30, 2023, being US$0.095, in accordance with the policies of the CSE.
  • The issuance of the Debt Shares to the directors constitutes a "related party transaction" as this term is defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions (“MI 61-101”).
  • The directors of the Company, acting in good faith, determined that the fair market value of the Debt Shares being issued pursuant to the shares for debt transaction and the consideration being paid is reasonable.
  • Any Debt Shares issued will be subject to a four (4) month hold period.

Curaleaf Announces Fulfilment of TSX Listing Conditions and Date of Commencement of Trading on the TSX

Retrieved on: 
Thursday, December 14, 2023
Professional Services, Cannabis, Retail, Other Retail, Finance, Natural Resources, MSCI, Sale, Canadian Securities Exchange, Toronto Stock Exchange, Curaleaf, Hierarchy, TSX, News, Share (finance), Security (finance), Management

We look forward to being in Toronto for today’s opening bell.”

Key Points: 
  • We look forward to being in Toronto for today’s opening bell.”
    “This is a monumental week for our team, and for the entire Curaleaf community,” said Curaleaf CEO Matt Darin.
  • The Company further announced that the Shares will commence trading on the TSX on December 14, 2023 under the ticker symbol “CURA” (the “TSX Listing”).
  • No action is required in order to continue trading the Subordinate Voting Shares as a result of the TSX Listing.
  • Curaleaf will celebrate this milestone by ringing the opening bell of the TSX in Toronto on Thursday, December 14, 2023.