Canadian Securities Exchange

Spirit Blockchain Announces Adjustment to Terms of Strategic Investment in InvestDEFY Technologies

Retrieved on: 
Friday, October 13, 2023

Vancouver, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR) (the “Company” or “Spirit”), a leading digital asset investment firm, reports that, further to its press release dated February 6, 2023, it has reached a mutual agreement with InvestDEFY Technologies Inc. (“InvestDEFY”), a full stack AI platform that powers unique structured products for the digital asset space, to settle the cash component of the consideration in common shares of the Company (the “Common Shares”) in order to increase InvestDEFY’s equity position in Spirit.

Key Points: 
  • Vancouver, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR) (the “Company” or “Spirit”), a leading digital asset investment firm, reports that, further to its press release dated February 6, 2023, it has reached a mutual agreement with InvestDEFY Technologies Inc. (“InvestDEFY”), a full stack AI platform that powers unique structured products for the digital asset space, to settle the cash component of the consideration in common shares of the Company (the “Common Shares”) in order to increase InvestDEFY’s equity position in Spirit.
  • Accordingly, the Company will issue an aggregate of ‎4,275,000 Common Shares to InvestDEFY at a price of $0.05 per Common Share on October 20, 2023 in accordance with the policies of the Canadian Securities Exchange.
  • All Common Shares to be issued are subject to a statutory four month hold period in accordance with the policies of the Canadian Securities Exchange and applicable securities laws.
  • None of the securities to be issued have been or will be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and none may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act.

Discovery Lithium Provides Project Overview

Retrieved on: 
Thursday, October 12, 2023

VANCOUVER, British Columbia, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (the “Company” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to provide a summary of recent project acquisitions in Quebec’s booming lithium sector.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (the “Company” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to provide a summary of recent project acquisitions in Quebec’s booming lithium sector.
  • Company President & CEO Michael Gheyle advises, “2023 has been an eventful year for Discovery Lithium as we progress and build out our footprint as lithium explorers in Quebec.
  • Over the summer, Discovery Lithium engaged Ground Truth Exploration to deploy experienced research teams onto the Nunavik properties for an extensive mapping and sampling campaign.
  • These estimates should not be relied upon for assessing the merits of the Discovery Lithium properties.

Mydecine Innovations Group Announces Listing on the Canadian Securities Exchange and Delisting from the NEO

Retrieved on: 
Thursday, October 5, 2023

Consequently, the Company has also submitted a request to the NEO Exchange Inc., operating as Cboe Canada (the "NEO") to delist the Common Shares NEO.

Key Points: 
  • Consequently, the Company has also submitted a request to the NEO Exchange Inc., operating as Cboe Canada (the "NEO") to delist the Common Shares NEO.
  • The Common Shares are expected to be delisted from the NEO at close of business on October 5, 2023, and will begin trading on the CSE under the symbol "MYCO" at the opening of markets on October 6, 2023.
  • No action is required by shareholders in connection with this change of listing.
  • Management is excited about the listing of the Common Shares on the CSE and the opportunities it provides to its investors, as the Company continues the ongoing development of its business operations.

4Front Ventures Announces Agreement to Issue Warrants to Lender in Connection with Amendment to Previously Entered Promissory Note Agreement

Retrieved on: 
Tuesday, October 10, 2023

(CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company") announced today that it has agreed to issue 1,283,425 subordinate voting share purchase warrants (the "Warrants") pursuant to an amendment to a previously entered promissory note purchase agreement (the "Agreement").

Key Points: 
  • (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company") announced today that it has agreed to issue 1,283,425 subordinate voting share purchase warrants (the "Warrants") pursuant to an amendment to a previously entered promissory note purchase agreement (the "Agreement").
  • Pursuant to the Agreement, the lender has agreed to extend the maturity date of its loan, which has a principal amount of US$2,000,000, with a payment of an extension fee of C$65,000, which is payable in Warrants.
  • Each Warrant will be exercisable at US$0.20 into one class A subordinate voting share of the Company for a period of four years.
  • In accordance with the policies of the Canadian Securities Exchange, the issuance of Warrants will not occur prior to five business days from the date of this announcement.

Verano Receives Conditional Approval to List on the Cboe Canada

Retrieved on: 
Tuesday, October 3, 2023

CHICAGO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it has received conditional approval from Canada’s Neo Exchange Inc., operating as Cboe Canada (“Cboe Canada”), to list its Class A subordinate voting shares (the “Shares”).

Key Points: 
  • CHICAGO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it has received conditional approval from Canada’s Neo Exchange Inc., operating as Cboe Canada (“Cboe Canada”), to list its Class A subordinate voting shares (the “Shares”).
  • Upon listing the Shares on Cboe Canada, the Company plans to delist the Shares from the Canadian Securities Exchange.
  • The transition to Cboe Canada does not require the Company to recapitalize or undertake any corporate restructuring.
  • A timeline for the transition will be announced once the Company receives final approval from Cboe Canada.

BZAM Ltd. Announces $2 Million Brokered Private Placement Led by Chairman and Largest Shareholder

Retrieved on: 
Monday, October 2, 2023

VANCOUVER, British Columbia and TORONTO, Oct. 02, 2023 (GLOBE NEWSWIRE) -- BZAM Ltd. (the “Company” or “BZAM”) (CSE: BZAM) (US-OTC:BZAMF), a leading Canadian cannabis producer, has entered into an engagement letter with Clarus Securities Inc. (the “Agent”), pursuant to which the Agent has agreed to conduct, on a “best-efforts” marketed basis, a private placement (the “Offering”) of at least 15,384,615 units (each, a “Unit”) at an issue price of C$0.13 per Unit (the “Offering Price”) for aggregate gross proceeds of approximately C$2,000,000. The Units will be offered by way of the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (the “Listed Issuer Financing Exemption”).

Key Points: 
  • Matt Milich, the Chief Executive Officer of the Company, stated: “We are incredibly grateful for the support of our Chairman throughout the post-merger integration process.
  • The Agent shall be under no obligation whatsoever to exercise the Over-Allotment Option in whole or in part.
  • If the Over-Allotment Option is exercised in full, the aggregate gross proceeds of the Offering will be approximately C$3,162,500.
  • The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101.

Teako Minerals Signs Definitive Securities Exchange Agreement with The Coring Company AS

Retrieved on: 
Monday, October 2, 2023

The transaction is subject to review and approval by the Canadian Securities Exchange.

Key Points: 
  • The transaction is subject to review and approval by the Canadian Securities Exchange.
  • All Teako Shares to be issued will be subject to a hold period, which will expire four months and one day from the date of issuance of the Teako Shares of which the securities exchange transaction (the "Securities Exchange") is expected to occur on October 12, 2023.
  • Terms of the Securities Exchange Agreement:
    As a result of the Equity Swap, Teako and TCC will respectively own 4.9% of the issued and outstanding shares of the other company.
  • Teako previously acquired a two-year exclusive license from TCC for the use, sale, and sublicense of the SCS Exploration Product.

Regenx Announces Funding Update

Retrieved on: 
Monday, October 2, 2023

EDMONTON, Alberta, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Regenx Tech Corp., (the "Company" or "Regenx") (CSE: RGX) (OTCQB: RGXTF) (FSE: YRS WKN: A2DSW3) has closed the second tranche on September 30, 2023 of its previously announced financing for gross proceeds of $840,000 and $2,953,830 in aggregate total.

Key Points: 
  • EDMONTON, Alberta, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Regenx Tech Corp., (the "Company" or "Regenx") (CSE: RGX) (OTCQB: RGXTF) (FSE: YRS WKN: A2DSW3) has closed the second tranche on September 30, 2023 of its previously announced financing for gross proceeds of $840,000 and $2,953,830 in aggregate total.
  • The closing of the second tranche of the offering is subject to all required regulatory approvals, including the acceptance of the Canadian Securities Exchange.
  • The offering is a non-brokered private placement of unsecured convertible debentures (“Debentures”).
  • The Debentures bear interest at the rate of fifteen percent (15%) per annum and will mature on July 1, 2025.

YOOMA WELLNESS INC. ANNOUNCES SALE OF VITALITY CBD

Retrieved on: 
Friday, September 29, 2023

Toronto, Ontario, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Yooma Wellness Inc. (CSE: YOOM, AQSE: YOOM) ("Yooma" or the "Company") today announced that its wholly-owned subsidiary Yooma Europe Limited (“Yooma Europe”) has completed the sale of Birmingham-based Vitality CBD Limited (“Vitality”), a UK-focused CBD company, for a total consideration of US$2.0 million (the “Disposal”) to Psilobrain Therapeutics Inc. (“Psilobrain”).

Key Points: 
  • Toronto, Ontario, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Yooma Wellness Inc. (CSE: YOOM, AQSE: YOOM) ("Yooma" or the "Company") today announced that its wholly-owned subsidiary Yooma Europe Limited (“Yooma Europe”) has completed the sale of Birmingham-based Vitality CBD Limited (“Vitality”), a UK-focused CBD company, for a total consideration of US$2.0 million (the “Disposal”) to Psilobrain Therapeutics Inc. (“Psilobrain”).
  • Psilobrain is a private Canadian biotech company that uses the latest in psychedelic medicine to design products that facilitate evidence-based healing & wellness.
  • The consideration payable by Psilobrain comprises US$1.0 million in cash (the “Cash Consideration”), and US$1.0 million in new shares of Psilobrain (the “Consideration Shares”).
  • The consideration payable by Psilobrain is subject to customary adjustments, Vitality having been sold on a debt-free, cash-free basis.

NEW WAVE ANNOUNCES SIGNING OF DEFINITIVE AGREEMENT TO ACQUIRE ROSEY INC.

Retrieved on: 
Friday, September 29, 2023

The Consideration Shares will not be subject to any hold periods under applicable securities laws.

Key Points: 
  • The Consideration Shares will not be subject to any hold periods under applicable securities laws.
  • The Company will also pay $200,000 to Rosey on closing of the acquisition of 51% of the issued and outstanding Rosey Shares (the “Closing”) to be used as working capital to advance the business of Rosey.
  • On or before December 31, 2024, the Company will have the option to acquire an additional 9% of the issued and outstanding Rosey Shares by making a cash payment of $300,000 to Rosey to be used as working capital to further advance the business of Rosey.
  • On Closing, the Company will appoint one nominee of Rosey to the board of directors of the Company as an additional director.