EMERGIA INC.
Associated tags: Corporation, Security (finance), CSE
Émergia Inc. annonce un Conseil d'administration rafraichi et la nomination de Faraj Nakhleh comme Président du Conseil
Emergia Inc. Provides a Status Update
MONTREAL, July 21, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation” or “Emergia”) provides the status update related to the Management Cease Trade Order (“MCTO”) initially issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023 in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”).
- MONTREAL, July 21, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation” or “Emergia”) provides the status update related to the Management Cease Trade Order (“MCTO”) initially issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023 in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”).
- The Corporation was later granted an extension deadline to July 14, 2023 to file the 2022 Annual Financial Filings and 2023 quarterly interim filings.
- The Failure-to-File Cease Trade Order (“FFCTO”) was issued against the Corporation on July 19, 2023, due to the non-respect of the extended deadline, in accordance with the National Policy 11-207 Failure-to-File Cease Trade Orders in Multiple Jurisdictions (“NP 11-207”).
- The Corporation continues to closely collaborate with the auditors and appraisers to file the 2022 Annual Financial Filings and 2023 quarterly interim filings by September at the latest.
Emergia Inc. Announces the Debt Conversion into Shares
MONTREAL, July 14, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is pleased to announce that in July 13, 2023 a lender has elected to convert some of their loans into shares of Emergia, totaling $100,000 at a price of $0.25 per share for a total of 400,000 shares being issued.
- MONTREAL, July 14, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is pleased to announce that in July 13, 2023 a lender has elected to convert some of their loans into shares of Emergia, totaling $100,000 at a price of $0.25 per share for a total of 400,000 shares being issued.
Emergia Inc. Provides Bi-Weekly Default Status Report
MONTREAL, July 11, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is providing this default status report in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”) and the terms of a Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023.
- MONTREAL, July 11, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is providing this default status report in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”) and the terms of a Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023.
- Pursuant to NP 12-203, the Corporation must file bi-weekly default status reports in the form of new releases until the MCTO is revoked.
- Accordingly, the Corporation confirms that since the Default Announcement:
There have been no changes to the information contained in the Company’s May 2. - The Corporation has been granted an extension deadline to July 14, 2023 to file the 2022 Annual Financial Filings.
Emergia Inc. – Status Update
MONTREAL, June 28, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is pleased to provide the business update of the Corporation.
- MONTREAL, June 28, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is pleased to provide the business update of the Corporation.
- We are confident that the full potential of the property will be reached within the next 12 months.
- Progressing at a steady pace, the Bromont development project is still in range for the final approval from the City.
- The moratory is expected to end either by the end of 2023 or in the beginning of 2024 (Q1-2024).
Emergia Inc. Provides Bi-Weekly Default Status Report
MONTREAL, June 27, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is providing this default status report in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”) and the terms of a Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023.
- MONTREAL, June 27, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is providing this default status report in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”) and the terms of a Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023.
- Pursuant to NP 12-203, the Corporation must file bi-weekly default status reports in the form of new releases until the MCTO is revoked.
- Accordingly, the Corporation confirms that since the Default Announcement:
There have been no changes to the information contained in the Company’s May 2. - The Corporation has been granted an extension deadline to July 14, 2023 to file the 2022 Annual Financial Filings.
Emergia Inc. Provides Bi-Weekly Default Status Report
MONTREAL, June 13, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation” or “Emergia”) is providing this default status report in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”) and the terms of a Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023.
- MONTREAL, June 13, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation” or “Emergia”) is providing this default status report in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”) and the terms of a Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023.
- Pursuant to NP 12-203, the Corporation must file bi-weekly default status reports in the form of new releases until the MCTO is revoked.
- Accordingly, the Corporation confirms that since the Default Announcement:
There have been no changes to the information contained in the Company’s May 2. - The Corporation had initially aimed to file the Annual Filings on or before June 30, 2023.
Emergia Inc. Provides Bi-Weekly Default Status Report
MONTREAL, May 30, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is providing this default status report in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”) and the terms of a Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023.
- MONTREAL, May 30, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is providing this default status report in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”) and the terms of a Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023.
- Pursuant to NP 12-203, the Corporation must file bi-weekly default status reports in the form of new releases until the MCTO is revoked.
- Accordingly, the Corporation confirms that since the Default Announcement:
There have been no changes to the information contained in the Company’s May 2. - The Corporation expects to file the Annual Financial Filings on or before June 30, 2023.
Emergia Inc. Announces the Payment of Interests in Shares
MONTREAL, May 23, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation” or “Emergia”) is pleased to announce that an additional Convertible Debentures holder has elected to have his interests paid in shares of Emergia, totaling $26,548, at a price of $0.25 per share based on the market price, as per the Convertible Debentures Agreements dated October 29, 2021 (the “Debentures”), for a total of 106,192 shares being issued.
- MONTREAL, May 23, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation” or “Emergia”) is pleased to announce that an additional Convertible Debentures holder has elected to have his interests paid in shares of Emergia, totaling $26,548, at a price of $0.25 per share based on the market price, as per the Convertible Debentures Agreements dated October 29, 2021 (the “Debentures”), for a total of 106,192 shares being issued.
- The Debentures were bearing interest at the rate of 8% per year, accruing in arrears, payable semi-annually in cash or in Class A Common Shares (the “Shares”) of the Corporation.
- The Debentures were convertible at the holder’s option into Units of the Corporation at a conversion price of $0.85.
- In addition, two suppliers have elected to have their debt, for a total amount of $75,500, settled in Shares at a price of $0.50 per share, for a total of 151,000 Shares.