Month: November 2021

Month: November 2021

Cannara Biotech Enters Into Agreement to Acquire TGOD’s State-of-the-art Cultivation and Manufacturing Facility in Valleyfield, Quebec

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Posted: November 30, 2021

June 10, 2021 Cannara Biotech Inc. (“Cannara” or the “Company“) (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with one of the largest indoor cannabis cultivation facilities in Canada and the largest in Quebec, today announced that it has entered into a definitive agreement (the “Transaction”) to acquire a one million square foot licensed cultivation and manufacturing facility in Valleyfield, Quebec (“Valleyfield Facility“) from Medican Organic Inc., a wholly-owned subsidiary of The Green Organic Dutchman Holdings Ltd. (the “TGOD”) through an all-cash offer of $27 million plus the assumption of liabilities of approximately $5.7 million. “With this acquisition, Cannara continues to increase its footprint and create more jobs in its home province of Quebec,” said Zohar Krivorot, President & Chief Executive Officer of Cannara

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Category: News & Events

Wondr Gaming Introduces, Former Ottawa Senators CFO & Toronto Blue Jays SVP Mr. Stephen Brooks, as Chief Financial Officer & Corporate Secretary

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Posted: November 30, 2021

Toronto, Ontario–(Newsfile Corp. – May 12, 2021) – Wondr Gaming Corp. (CSE: WDR) (the “Company” or “Wondr Gaming“) is pleased to introduce in connection with the recently announced listing on the Canadian Securities Exchange, Stephen R. Brooks as Chief Financial Officer and Corporate Secretary of the Company. Mr. Brooks is a seasoned finance professional with over 25 years experience across a range of industries including the telecommunications, sports, entertainment, media and retail fields. Mr. Brooks was formerly Chief Financial Officer of the Ottawa Senators Hockey Club of the NHL, and Senior Vice President Business Operations of the Toronto Blue Jays (MLB) and Rogers Centre. Prior to this Mr. Brooks spent several years in senior finance roles with Rogers Communications Inc. and Rogers

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Category: News & Events

Gratomic Announces Commissioning of Aukam Processing Plant

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Updated: November 30, 2021

March 29, 2021 Gratomic Inc. (“GRAT” or “The Company”) (TSXV:GRAT)(OTCQX:CBULF)(Frankfurt:CB82) announces that it has officially started the commissioning phase of its processing plant in Aukam, Namibia. Commissioning will begin with the crushing circuit and progress throughout the other areas of the plant systematically in order of progression. Commissioning of a mining processing plant is usually divided into 6 progressive stages: C0 – Constructed to Design including Factory Acceptance C1 – Pre-commissioning C2 – Direction Testing C3 – No Load / Dry Commissioning C4 – Load / Wet Commissioning C5 – Project Completion Gratomic is currently entering into Direction Testing (C2 phase) of the equipment composing the crushing circuit of the plant. This stage consists of energizing the equipment and ensuring it rotates

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Category: News & Events

iMining Completes Acquisition of CanETH

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Posted: November 30, 2021

March 22, 2021 iMining Blockchain and Cryptocurrency Inc. (TSXV: IMIN) (the “Company” or “iMining“) is pleased to announce that the TSX Venture Exchange (“TSXV) has confirmed the Company has met the required filing requirements for the proposed acquisition of CanETH Staking Services Inc. (“CanETH“), (the “Acquisition“). The Company has now closed the Acquisition and the accompanying private placement of $2.155 million (the “Financing“). Effective on March 22, 2021 (“Closing”), the Company issued 28,000,000 common shares in the capital of the Company (“Shares“) to the shareholders of CanETH, in exchange for acquiring all of the outstanding shares of CanETH, such that CanETH became a wholly owned subsidiary of iMining. No new control block was created as a result of the Acquisition.

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Category: News & Events

Red Light Holland Closes Acquisition of SR Wholesale Becoming a Leader in Distribution of Psychedelics

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Posted: November 30, 2021

March 19, 2021 Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC Pink: TRUFF) (“Red Light Holland” or the “Company“), an Ontario-based corporation engaged in the production, growth and sale of a premium brand of magic truffles to the legal, recreational market within the Netherlands, is pleased to announce that its wholly-owned subsidiary, RLH Netherlands B.V. (the “Purchaser“), has completed the acquisition (the “Acquisition“) of SR Wholesale B.V. (“SR Wholesale“), one of the Netherlands’ premiere distributors for quality psychedelic truffles. In 2020, SR Wholesale generated over $2.44 Million in revenues[1], and over $822,0001 in gross profit, with approximately $400,0001 of cash and working capital currently on hand. SR Wholesale also distributes popular CBD products, cannabis seeds, smart shop items, and headshop products,

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Category: News & Events

Novamind Partners with Merck for New Treatment-Resistant Depression Trial

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Posted: November 30, 2021

TORONTO, ON / ACCESSWIRE / March 18, 2021 / Novamind Inc., (CSE:NM)(OTC PINK:NVMDF)(FSE:HN2) (“Novamind” or the “Company”), a leading mental health company specialized in psychedelic medicine, is pleased to announce that its wholly-owned subsidiary, Cedar Clinical Research (“CCR”) has been selected as a key research site for a clinical trial focused on treatment-resistant depression by Merck & Co., (“Merck”), a world-leading pharmaceutical company. The phase II study will assess the efficacy and safety of a new Merck drug for treatment-resistant depression (TRD), a mental health condition that affects approximately 30% of people who suffer from major depressive disorder1. The study is titled “A Phase 2a, Randomized, Placebo-Controlled Clinical Study to Evaluate the Efficacy and Safety of MK-1942 Added to Stable Antidepressant

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Category: News & Events

World Class Extractions Awarded U.S. Patent for Solvent Based Extraction Methods

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Posted: November 30, 2021

March 17, 2021 World-Class Extractions Inc. (CSE:PUMP) (FRA:WCF) (OTCQB:WCEXF) (the “Company” or “World-Class“) is pleased to announce the United States Patent and Trademark Office (“USPTO“) has issued U.S. Patent No. 10,946,306 on March 16, 2021 in relation to the Company’s methods for the systematic extraction and concentration of cannabinoids and other target compounds via solvent extraction from large scale harvests of cannabis and hemp crops. This is World-Class’ second issued U.S. patent. World-Class’ patented plant processing technology allows for the solvent-based extraction of cannabinoids from virtually all types of cannabis plant materials, including hemp, derived from large-scale commercial farming operations. World-Class’ patent process minimizes energy consumption, conserves the volume of solvent utilized in the extraction process, and maximizes the quantity of

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Category: News & Events

Gratomic Becomes Debt-Free

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Updated: November 30, 2021

February 22, 2021 Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(OTCQB:CBULF)(FRANKFURT:CB82) (WKN:A143MR) is pleased to announce that it has officially achieved debt-free status. This feat was accomplished through the committed and strategic efforts carried out by management over the past several months to effectively eliminate the debt of the Company. On June 12, 2020, the Company announced the successful completion of a $2.25 million financing (the “April 2020 Financing“), which included $1.5 million in convertible debentures. Since then, all of the outstanding debentures have been converted into common shares. Commencing in the fall of 2020, there was a systematic appreciation of the Company’s stock price, ushered on by immense support from institutional and retail investors. The Company commenced trading on the OTCQB

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Category: News & Events