Canadian Securities Exchange

SAFE SUPPLY AND ORIGIN THERAPEUTICS ANNOUNCE SIGNING OF DEFINITIVE AGREEMENT

Retrieved on: 
Wednesday, August 2, 2023

VANCOUVER, BC, CANADA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Safe Supply Streaming Co. Ltd. (“Safe Supply”) and Origin Therapeutics Holdings Inc. (“Origin”) (CSE: ORIG) are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to carry out the business combination transaction (the "Transaction") previously announced by Origin on January 31, 2023, which is expected to result in the listing of the shares (the “Resulting Issuer Shares”) of the issuer that will exist upon completion of the Transaction (the “Resulting Issuer”) on the Canadian Securities Exchange (the “CSE”).

Key Points: 
  • THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
  • VANCOUVER, BC, CANADA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Safe Supply Streaming Co. Ltd. (“Safe Supply”) and Origin Therapeutics Holdings Inc. (“Origin”) (CSE: ORIG) are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to carry out the business combination transaction (the "Transaction") previously announced by Origin on January 31, 2023, which is expected to result in the listing of the shares (the “Resulting Issuer Shares”) of the issuer that will exist upon completion of the Transaction (the “Resulting Issuer”) on the Canadian Securities Exchange (the “CSE”).
  • The Definitive Agreement was executed among Safe Supply, Origin and the Origin Subco Limited, a wholly-owned subsidiary of Origin incorporated under the Canada Business Corporations Act (the "CBCA").
  • The Definitive Agreement provides for, among other things, the triangular amalgamation pursuant to which: (i) Safe Supply will amalgamate with Origin Subco Limited under the CBCA to form one corporation ("Amalco"); and (ii) the securityholders of Safe Supply will receive Resulting Issuer Shares in exchange for securities of Safe Supply on a one-for-one basis (the "Exchange Ratio"), subject to adjustment for a Consolidation (as defined below), all in the manner contemplated by, and pursuant to, the terms and conditions of the Definitive Agreement.

Origin Therapeutics Announces Closing of Safe Supply Subscription Receipt Financing

Retrieved on: 
Wednesday, August 2, 2023

Vancouver, British Columbia, Canada, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Origin Therapeutics Holdings Inc. (“Origin” or the “Company”) is pleased to announce the closing of a private placement offering (the “Offering”) of 5,965,000 subscription receipts (“Subscription Receipts”) of Safe Supply Streaming Co. Ltd. (“Safe Supply”) at a price of $0.40 per Subscription Receipt for aggregate gross proceeds of approximately $2,386,000.

Key Points: 
  • Vancouver, British Columbia, Canada, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Origin Therapeutics Holdings Inc. (“Origin” or the “Company”) is pleased to announce the closing of a private placement offering (the “Offering”) of 5,965,000 subscription receipts (“Subscription Receipts”) of Safe Supply Streaming Co. Ltd. (“Safe Supply”) at a price of $0.40 per Subscription Receipt for aggregate gross proceeds of approximately $2,386,000.
  • Safe Supply may increase the size of the Offering, provided that the total Subscription Receipts issued under the Offering does not exceed 10,000,000, and the aggregate gross proceeds raised under the offering does not exceed $4,000,000.
  • Upon the satisfaction of certain escrow release conditions (the “Escrow Release Conditions”), each Subscription Receipt shall be automatically converted, without any further action by the holder of such Subscription Receipt (and for no additional consideration), and subject to adjustment in certain circumstances, for one common share in the capital of Safe Supply (each, an “Underlying Share”).
  • The gross proceeds of the Offering, net of the Agents' expenses incurred as of the closing (the "Escrowed Funds"), are being held in escrow pursuant to the terms of a subscription receipt agreement dated August 1, 2023 between Safe Supply, Origin, the Agent and Olympia Trust Company, as registrar and transfer agent for the Subscription Receipts and as escrow agent for the Escrowed Funds (the "Subscription Receipt Agreement").

Safe Supply and Origin Therapeutics Announce Signing of Definitive Agreement

Retrieved on: 
Wednesday, August 2, 2023

Vancouver, British Columbia--(Newsfile Corp. - August 2, 2023) - Safe Supply Streaming Co. Ltd. ("Safe Supply") and Origin Therapeutics Holdings Inc. (CSE: ORIG) ("Origin") are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to carry out the business combination transaction (the "Transaction") previously announced by Origin on January 31, 2023 , which is expected to result in the listing of the shares (the "Resulting Issuer Shares") of the issuer that will exist upon completion of the Transaction (the "Resulting Issuer") on the Canadian Securities Exchange (the "CSE").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 2, 2023) - Safe Supply Streaming Co. Ltd. ("Safe Supply") and Origin Therapeutics Holdings Inc. (CSE: ORIG) ("Origin") are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to carry out the business combination transaction (the "Transaction") previously announced by Origin on January 31, 2023 , which is expected to result in the listing of the shares (the "Resulting Issuer Shares") of the issuer that will exist upon completion of the Transaction (the "Resulting Issuer") on the Canadian Securities Exchange (the "CSE").
  • The Definitive Agreement was executed among Safe Supply, Origin and the Origin Subco Limited, a wholly-owned subsidiary of Origin incorporated under the Canada Business Corporations Act (the "CBCA").
  • The Definitive Agreement provides for, among other things, the triangular amalgamation pursuant to which: (i) Safe Supply will amalgamate with Origin Subco Limited under the CBCA to form one corporation ("Amalco"); and (ii) the securityholders of Safe Supply will receive Resulting Issuer Shares in exchange for securities of Safe Supply on a one-for-one basis (the "Exchange Ratio"), subject to adjustment for a Consolidation (as defined below), all in the manner contemplated by, and pursuant to, the terms and conditions of the Definitive Agreement.
  • In connection with the Transaction, among other things, Origin will (i) complete a consolidation of its common shares (the "Origin Shares") on the basis of one (1) new Origin Share for four (4) old Origin Shares (the "Consolidation"); (ii) continue from the provincial jurisdiction of the Business Corporations Act (British Columbia) to the federal jurisdiction of the Canada Business Corporations Act (the "Continuance"), and concurrently (iii) change its name to "Safe Supply Streaming Co Ltd.", or such other name as may be agreed (the "Name Change").

Agra Ventures Announces Details of Share Consolidation, Name Change, and Ticker Symbol Change

Retrieved on: 
Wednesday, August 2, 2023

The consolidation will be on the basis of every twenty-five (25) old Common Shares into one (1) new Common Share (the “Consolidation”).

Key Points: 
  • The consolidation will be on the basis of every twenty-five (25) old Common Shares into one (1) new Common Share (the “Consolidation”).
  • The record date of the Consolidation will be Wednesday, August 9, 2023 (the “Record Date”).
  • The name change was approved on July 21, 2023 by way of directors’ consent resolution in accordance with the Articles of the Company.
  • As a result of the Consolidation, the issued and outstanding Common Shares will be reduced to approximately 6,531,785.

InvestmentPitch Media Video Discusses Nextech3D.AI’s Record Q2 Revenue Increase of 155% to $1.4m over Q2, 2022

Retrieved on: 
Wednesday, August 2, 2023

Revenues for the 2nd quarter ended June 30, 2023 were $1.4 million up 155% over the 2nd quarter ended June 30, 2022.

Key Points: 
  • Revenues for the 2nd quarter ended June 30, 2023 were $1.4 million up 155% over the 2nd quarter ended June 30, 2022.
  • The video is available for viewing on “ InvestmentPitch ” and on “ YouTube ”.
  • Revenues for the 6 month period ended June 30, 2023 were $2.7 million, up 157% over the 6 month period ended June 30, 2022.
  • Investor Relations is handled by Lindsay Betts, who can be reached at 866-274-8493 Ext 7201 or by email at [email protected] .

Safe Supply Streaming Co. Closes Strategic Private Placement

Retrieved on: 
Tuesday, August 1, 2023

Vancouver, British Columbia--(Newsfile Corp. - August 1, 2023) - Safe Supply Streaming Co. Ltd .

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 1, 2023) - Safe Supply Streaming Co. Ltd .
  • The Company intends to use net proceeds from the Offering for general corporate purposes and to make investments into the emerging Safe Supply ecosystem tackling the system illicit drug problem worldwide .
  • Safe Supply is paving the way for the third wave of de-scheduling in Canada, with a global focus on addressing harm reduction and addiction treatment.
  • Safe Supply is proud to stand at the forefront of change, aiming to shape a brighter future for communities across the globe.

Columbia Care Announces Date for Voluntary Delisting of Common Shares from CSE

Retrieved on: 
Tuesday, August 1, 2023

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that, further to its press release dated July 31, 2023, it will voluntarily delist its common shares from the facilities of the Canadian Securities Exchange (“CSE”), effective as of market close on August 2, 2023.

Key Points: 
  • Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that, further to its press release dated July 31, 2023, it will voluntarily delist its common shares from the facilities of the Canadian Securities Exchange (“CSE”), effective as of market close on August 2, 2023.
  • Columbia Care will continue trading on the Cboe Canada, the new business name of the NEO Exchange.
  • Cboe Canada will remain the Company’s primary securities exchange, as it has been since the Company’s initial public listing.
  • Management of the Company expects that focusing trading activity on a single, senior exchange will allow for a more orderly closing price formation and greater transparency for the Company and its investors.

Columbia Care Announces Corporate Actions to Accelerate Operational Efficiencies and Cash Flow Generation

Retrieved on: 
Monday, July 31, 2023

“Over the past 16 months, we have implemented important changes to Columbia Care that have resulted in a stronger and more efficient company.

Key Points: 
  • “Over the past 16 months, we have implemented important changes to Columbia Care that have resulted in a stronger and more efficient company.
  • Over the next 12 months, we intend to launch a number of initiatives to further our goals of ongoing margin improvement, free cash flow generation, driving shareholder value and profitably capturing additional market share across the country,” said Nicholas Vita, CEO of Columbia Care.
  • These operational improvements are expected to be cash flow positive in 2023 and 2024.
  • Effective today, Columbia Care has named David Hart as President & Chief Operating Officer and Jesse Channon as Chief Commercial Officer.

4Front Announces Executive Team Equity Compensation Details and Signs Definitive Agreement for Extension of Senior Secured Debt

Retrieved on: 
Saturday, July 29, 2023

(CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, announced that it has entered into a consulting agreement with Leo Gontmakher, Chief Executive Officer of the Company (the "Consulting Agreement").

Key Points: 
  • (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, announced that it has entered into a consulting agreement with Leo Gontmakher, Chief Executive Officer of the Company (the "Consulting Agreement").
  • Currently, the Lender holds a senior secured position on all assets of 4Front and certain of its subsidiaries and the right of consent over any additional financings secured by those assets.
  • If 4Front obtains permitted secured debt senior to the Loan up to US$8 million, 75% of the Warrants will become exercisable by cashless exercise.
  • If 4Front obtains permitted secured debt senior to the Loan in excess of US$8 million (up to the US$10 million maximum), 100% of the Warrants will become exercisable by cashless exercise.

BZAM LTD. to Purchase Additional Shares of BZAM Cannabis Corp.

Retrieved on: 
Tuesday, July 25, 2023

VANCOUVER, BC, and TORONTO, July 25, 2023 /PRNewswire/ - BZAM Ltd. (the "Company" or "BZAM") (CSE: BZAM) (US-OTC: BZAMF), a leading Canadian cannabis producer, is pleased to announce that further to its press release dated July 13, 2023, the Company, through its wholly-owned subsidiary, has agreed to purchase (the "Share Purchase") an additional 120,000 shares (the "Purchased Shares") of the 884,700 Class A shares (the "BCC Shares") issued and outstanding in the capital of BZAM Cannabis Corp. ("BCC") from certain minority shareholders (the "BCC Shareholders"), increasing its proposed aggregate ownership from 630,000 BCC Shares (representing owning 71.2% of BCC) as disclosed July 13, 2023, to 750,000 BCC Shares (representing owning 84.8% of BCC).

Key Points: 
  • VANCOUVER, BC, and TORONTO, July 25, 2023 /PRNewswire/ - BZAM Ltd. (the "Company" or "BZAM") (CSE: BZAM) (US-OTC: BZAMF), a leading Canadian cannabis producer, is pleased to announce that further to its press release dated July 13, 2023, the Company, through its wholly-owned subsidiary, has agreed to purchase (the "Share Purchase") an additional 120,000 shares (the "Purchased Shares") of the 884,700 Class A shares (the "BCC Shares") issued and outstanding in the capital of BZAM Cannabis Corp. ("BCC") from certain minority shareholders (the "BCC Shareholders"), increasing its proposed aggregate ownership from 630,000 BCC Shares (representing owning 71.2% of BCC) as disclosed July 13, 2023, to 750,000 BCC Shares (representing owning 84.8% of BCC).
  • As consideration for the Purchased Shares, the Company will issue an aggregate of an additional 240,000 common shares of the Company (the "Common Shares") to the BCC Shareholders, at a deemed issuance price of $0.18 per Common Share.
  • Such Common Shares will be issued in reliance on certain prospectus exemptions available under securities legislation and will be subject to a four-month plus one day statutory hold period.
  • The issuance of such Common Shares for the purpose of the Share Purchase remains subject to all necessary regulatory approvals including final acceptance by the Canadian Securities Exchange (the "CSE").