Torrieri

Sandro Torrieri Announces Purchase of Units of Carbeeza Inc.

Retrieved on: 
Saturday, February 25, 2023

Sandro Torrieri ("Torrieri") announces that he has acquired 5,000,000 units (“Purchased Units”) of Carbeeza Inc. (the "Company") pursuant to a non-brokered private placement.

Key Points: 
  • Sandro Torrieri ("Torrieri") announces that he has acquired 5,000,000 units (“Purchased Units”) of Carbeeza Inc. (the "Company") pursuant to a non-brokered private placement.
  • The Units consist of one common share and one full common share purchase warrant (“Warrant”) exercisable for a period of eighteen months from the closing date at a price of $0.25 per warrant.
  • Immediately prior to the transaction described in Item 2.2, Torrieri owned (i) 10,640,330 Common Shares, and (ii) 1,000,000 options, representing approximately 16.65% of the currently outstanding Common Shares of the Company on a non-diluted basis.
  • A copy of the Early Warning Report filed by Torrieri will be available under the Company's profile on SEDAR at www.sedar.com .

Sandro Torrieri Announces Purchase of Convertible Debentures of Carbeeza Inc.

Retrieved on: 
Wednesday, May 11, 2022

CALGARY, Alberta, May 11, 2022 (GLOBE NEWSWIRE) -- Sandro Torrieri ("Torrieri") announces that he has acquired 10% convertible unsecured debentures (the "Debentures") of Carbeeza Inc. (the"Company") in the aggregate principal amount of $2,000,000 (the"Purchased Debentures") pursuant to a non-brokered private placement.

Key Points: 
  • CALGARY, Alberta, May 11, 2022 (GLOBE NEWSWIRE) -- Sandro Torrieri ("Torrieri") announces that he has acquired 10% convertible unsecured debentures (the "Debentures") of Carbeeza Inc. (the"Company") in the aggregate principal amount of $2,000,000 (the"Purchased Debentures") pursuant to a non-brokered private placement.
  • The principal amount outstanding under each Debenture is convertible into common shares in the capital of the Company ("Common Shares") at a conversion price of $0.40 per Common Share, at the option of Torrieri prior to May 9, 2024.
  • The Purchased Debentures are convertible into 5,000,000 Common Shares, representing approximately 7.3% of the issued and outstanding Common Shares after giving effect to such conversion (assuming conversion in full of the principal amount of the Purchased Debentures).
  • A copy of the Early Warning Report filed by Torrieri will be available under the Company's profile on SEDAR at www.sedar.com.