MI

Holiday Infused Drink Provides Buzz Without the Booze

Retrieved on: 
Tuesday, November 7, 2023
Cannabis, Bloating, Holiday, MI, California State University Northridge Botanic Garden, Sweet Justice, Multimedia, Great Lakes, Botany, Root beer, Forty Acres, THC, Collection, GLEN, Soft drink, Drug

LANSING, Mich., Nov. 7, 2023 /PRNewswire/ -- Just in time for the holidays, Lansing-based cannabis cultivator and processor Franklin Fields is expanding its Sweet Justice infused soda line with Cranberry Ginger Ale, a fast-acting drink with 10mg of THC. Made with real ginger, cane sugar, and cranberry juice, the new flavor is 70 calories and offers adult drinkers an alcohol-free way to enjoy a buzz without the hangover. With lower carbonation to minimize bloating, consumers can enjoy Cranberry Ginger Ale on its own or mixed with mocktail ingredients for a new take on a holiday sipper.

Key Points: 
  • Made with real ginger, cane sugar, and cranberry juice, the new flavor is 70 calories and offers adult drinkers an alcohol-free way to enjoy a buzz without the hangover.
  • With lower carbonation to minimize bloating, consumers can enjoy Cranberry Ginger Ale on its own or mixed with mocktail ingredients for a new take on a holiday sipper.
  • Franklin Fields is currently in R&D on additional flavors set to launch throughout 2024, including OG Sugar Free, OG Ginger Ale, and Root Beer.
  • Franklin Fields, a Carbidex company, is a state-of-the-art cultivation and processing facility providing various quality small-batch craft cannabis products.

Romios Announces Closing of $307,252 Non-Brokered Offering

Retrieved on: 
Monday, October 30, 2023
Cloud, Honey, Sale, Press release, NWT, MI, Vein, Warrant, News, Lilium, National instrument, Offering, Galore Creek mine, Silver, FSE, National Instrument 43-101, Newmont, Security (finance), Palladium, Names of the Greeks

Each FT Unit is priced at $0.03 and consists of one (1) common share and one-half (0.5) share purchase warrant (a "FT Warrant").

Key Points: 
  • Each FT Unit is priced at $0.03 and consists of one (1) common share and one-half (0.5) share purchase warrant (a "FT Warrant").
  • Each WC Unit is priced at $0.03 and consists of one (1) common share and one (1) share purchase warrant (a "WC Warrant").
  • All securities issued under the Offering are subject to a statutory hold period expiring on February 28, 2024.
  • Geo., VP-Exploration for Romios and a Qualified Person as defined by National Instrument 43-101.

StorageVault to Acquire Four Locations for $75.7 Million

Retrieved on: 
Monday, November 6, 2023
Sale, Minority, Mergers and acquisitions, MI, Section, Vendor, CANADA, Acquisition, Access, Related party transaction, Hand, Fair market value, TSX, Commercial property, Risk management

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) has agreed to acquire four locations from four vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $75,685,000, subject to customary adjustments (the “Acquisitions”).

Key Points: 
  • TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) has agreed to acquire four locations from four vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $75,685,000, subject to customary adjustments (the “Acquisitions”).
  • Three of the Acquisitions are arm’s length and one for $45,000,000 is a related party acquisition (the “Related Party Acquisition”) with Access Self Storage Inc. (“Access”) as the Vendor for that Acquisition.
  • As Access is a non-arm’s length party to StorageVault, the Related Party Acquisition is considered a “related party transaction” under MI 61-101 - “Protection of Minority Security Holders in Special Transactions” (“MI 61-101”).
  • No new insiders will be created, nor will any change of control occur, as a result of the ‎Acquisitions.

Blender Bites Signs Definitive Agreement to Acquire Advanced Sports Nutrition Inc. and Targets Athletic Recovery with NFL-Funded Clinical Trial

Retrieved on: 
Saturday, November 4, 2023
Acquisition, NFL, Health Canada, Clinical trials publication, Clinical trial, Sport, Multilateral, Administrative share, MI, Blender, CSE, Athlete, FWB, BITE, Growth, Date, Canadian Securities Exchange, Marketing, WKN, Retail, Pharmaceutical industry, CBD

Chelsie Hodge, CEO of Blender Bites, stated, “Our goal at Blender Bites has always been to innovate and enhance the wellness of our customers.

Key Points: 
  • Chelsie Hodge, CEO of Blender Bites, stated, “Our goal at Blender Bites has always been to innovate and enhance the wellness of our customers.
  • Targeting a distinct demographic, it could set the stage for additional sales generation through Blender Bites’ existing distribution network.
  • The Clinical Trial will allow Blender Bites to develop unique proprietary beverage formulations, ensuring long-term protection against competition and fostering future innovations.
  • With the Acquisition, Blender Bites intends to diversify its revenue streams by venturing into the athletic recovery and CBD wellness market.

Christina Lake Closes Third Tranche of Non-Brokered Private Placement of Secured Convertible Notes

Retrieved on: 
Saturday, November 4, 2023
CLC, CDN, Multilateral, Minority, Toronto Stock Exchange, MI, CSE, CLB, Offering, NYSE American, American Stock Exchange Building, Security (finance), Note

VANCOUVER, British Columbia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) further to the press releases dated September 7th, 12th, and 25th 2023, the Company is pleased to announce that it has closed the third tranche and final (the “third Tranche”) of a non-brokered private placement of secured convertible promissory notes (the “Notes”) in the principal amount of CDN$294,000 (the “Offering”).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) further to the press releases dated September 7th, 12th, and 25th 2023, the Company is pleased to announce that it has closed the third tranche and final (the “third Tranche”) of a non-brokered private placement of secured convertible promissory notes (the “Notes”) in the principal amount of CDN$294,000 (the “Offering”).
  • Proceeds from the Offering will be used for repayment of outstanding debentures, working capital and general corporate purposes.
  • The third tranche concludes the Company’s non-brokered private placement of Notes with total gross proceeds under all three tranches being an aggregate of $4,238,000.
  • Certain insiders of the Company participated in the third tranche of the Offering for an aggregate total of $298,000 in Notes.

Mayfair Gold Announces Closing of Private Placement Financings

Retrieved on: 
Friday, November 3, 2023
Sale, Multilateral, CEE, MFG, MI, News, Engineering, Offering, Effective interest rate, Income Tax Act 1967, Income Tax Act, Security (finance), Life insurance, Share (finance)

VANCOUVER, British Columbia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced the closing of its previously announced private placement of flow-through and non-flow-through common shares (the “Offering”) for aggregate gross proceeds of $12,047,000.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced the closing of its previously announced private placement of flow-through and non-flow-through common shares (the “Offering”) for aggregate gross proceeds of $12,047,000.
  • The Offering price per FT Share represents a premium of 38% over the closing price of Mayfair Gold common shares on the TSX.V on October 10, 2023.
  • The FT Shares and Shares issued under the Offering are subject to a four month hold period expiring on March 3, 2024.
  • The fund owns shares of the Company constituting in aggregate more than 10% of the Company’s issued and outstanding capital.

Earthworks Announces Closing of Private Placement of Units for Gross Proceeds of $1.5 Million

Retrieved on: 
Thursday, November 2, 2023
TSX Venture Exchange, Sale, WIRE, Multilateral, Minority, FOR, Issuer, MI, NEWS, NOT, Offering, Corporation, Indian stock exchange, Part, NI, Security (finance), Bank, Unit

VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Earthworks Industries Inc. (TSXV:EWK) (the “Company”) is pleased to announce that it has closed its previously announced commercially reasonable efforts private placement offering of an aggregate of 7,500,000 units (the “Units”) at a price of $0.20 per Unit (the “Issue Price”) for aggregate gross proceeds of $1,500,000 (the “Offering”). Each Unit consists of one common share in the capital of the Company (each, a “Common Share”) and one common share purchase warrant of the Company (each, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one additional Common Share at a price of C$0.40, subject to adjustment in certain events, at any time until November 2, 2025.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Earthworks Industries Inc. (TSXV:EWK) (the “Company”) is pleased to announce that it has closed its previously announced commercially reasonable efforts private placement offering of an aggregate of 7,500,000 units (the “Units”) at a price of $0.20 per Unit (the “Issue Price”) for aggregate gross proceeds of $1,500,000 (the “Offering”).
  • The Company intends to use the net proceeds of the Offering for working capital, general corporate purposes, to pay outstanding accounts payable, and to pay a debt extension fee.
  • David Russell, an "insider" and Chief Financial Officer of the Company, has subscribed for 100,000 Units under the Offering for aggregate gross proceeds of $20,000.
  • The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101.

Ceylon Graphite Announces Closing of $365,000 Convertible Debenture Financing and Extension of Convertible Debenture

Retrieved on: 
Friday, October 27, 2023
NOT, TSX Venture Exchange, Sale, Mining, Convertible, Multilateral, Debenture, Funding, FOR, Minority, MI, OTC, Warrant, News, CYL, CCY, OR, Offering, Indian stock exchange, FSE, Amendment, Security (finance)

VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • In addition, the Debentures are secured against all of the present and after acquired personal property of the Company.
  • The Company also announces that it expects to amend the terms of certain convertible debentures (the “2018 Convertible Debentures”) that were issued by the Company on May 23, 2018.
  • The Company intends to amend the conversion price of the 2018 Convertible Debentures to $0.15 per 2018 Debenture Share and amend the maturity date of the 2018 Convertible Debentures to November 23, 2024 (the “Amendments”).
  • The Financing, Amendments and issuance of the Replacement Warrants are subject to the final approval of the TSX Venture Exchange.

Organigram Announces C$124.6 Million Investment from BAT and Creation of “Jupiter” Strategic Investment Pool

Retrieved on: 
Monday, November 6, 2023
Cannabis, Natural Resources, Other Retail, Retail, Specialty, The Competition Act, 2002, Competition Act, NYSE, Development, Multilateral, Minority, BAT, Investment, MI, EBITDA, IRA, Acquisition, Multimedia, Growth, Indian stock exchange, PDC, Partnership, LSE, Emulsion, BTI, Edible, OGI, THCV, Calendar, TSX, Renewable energy, Drug, Security (finance), Organizational chart

In addition, this deepens the strategic partnership between Organigram and BAT, and we look forward to continuing to leverage BAT’s global capabilities and scientific expertise,” said Beena Goldenberg, CEO of Organigram.

Key Points: 
  • In addition, this deepens the strategic partnership between Organigram and BAT, and we look forward to continuing to leverage BAT’s global capabilities and scientific expertise,” said Beena Goldenberg, CEO of Organigram.
  • Through this investment, Organigram aims to capitalize on its state-of-the-art facilities, support further workstreams in R&D and product development and deliver impactful product launches.
  • The majority of the C$124.6 million investment will be used by Organigram to create a strategic investment pool, named Jupiter.
  • Additional information regarding the Investment will be included in a material change report to be filed by Organigram on www.sedarplus.ca .

Syncro Unveils Acronis Partnership to Deliver Unmatched Backup and Storage Capabilities

Retrieved on: 
Thursday, November 2, 2023
Technology, Security, Other Technology, Professional Services, Software, Small Business, Networks, Internet, Data Management, Other Professional Services, MI, Acronis Cyber Protect Home Office, Member of the Scottish Parliament, URL, Acronis, RMM, PSA, Risk, Online shopping, Syncro

As the challenges of cyber protection management evolve at breakneck speed, having a backup solution is critical for MSPs.

Key Points: 
  • As the challenges of cyber protection management evolve at breakneck speed, having a backup solution is critical for MSPs.
  • Acronis has partnered with Syncro to help MSPs keep customers secure while streamlining their tool management into a single hub – another way Syncro is helping its partners elevate security and reduce risk.
  • “Reliable and affordable backup solutions are essential to our partners' success,” said Emily Glass, CEO at Syncro.
  • Acronis technical support: Syncro has secured direct technical support for all Syncro partners.