Merger Announced with ANTG and Asterion - Developing One of the World's Biggest Medicinal Cannabis Facilities
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Australian medicinal cannabis company Australian Natural Therapeutic Group has just announced a merger with Canadian Asterion Cannabis Inc. and its wholly-owned subsidiary Asterion (Australia), with the companies joining to develop one of the largest renewable-powered medicinal cannabis growing, manufacturing and R&D facilities in the world.Construction on the $400 million facility in the Darling Downs, near Toowoomba, is...
2021-04-12 10:00 AM EDT
Asterion Announces Commencement of IPO
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2021) - Asterion Cannabis Inc. ("Asterion" or the "Company") announces that the Company has commenced with preparation for its Initial Public Offering ("IPO") and has retained DuMoulin Black LLP as legal counsel to facilitate the IPO.The IPO costs will be funded by the funding from the Company's $30 million private placement, which was announced on February 16, 2021. Asterion plans to initially list on the Toronto Stock Exchange...
2021-02-18 11:20 AM EST
Asterion Announces $30 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2021) - Asterion Cannabis Inc. ("Asterion" or the "Company"), announces a non-brokered private placement of up to 30,000,000 units (each, a "Unit") at the price of CAD $1.00 per Unit, for aggregate gross proceeds of up to CAD $30,000,000 (the "Financing"). Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one half common share purchase warrant (each, a "Warrant"), with two half Warrants...
2021-02-16 8:00 AM EST
Asterion Enters into Contractual Agreement with BESIX Watpac
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2020) - Asterion Cannabis Inc. ("Asterion" or the "Company") together with its subsidiary Asterion (Australia) Pty Ltd., have entered into a binding Early Contractor Involvement ("ECI") contract for the construction of its planned facility in Toowoomba (the "Project"), Queensland, Australia, with Watpac Construction Pty Ltd., and Watpac Limited (together, "BESIX Watpac") on November 13th, 2020.The contract aligns one of the world's...
2020-11-18 10:00 AM EST
Asterion Receives Sativa Seeds for its Tissue Culture Program
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2020) - Asterion Cannabis Inc. ("Asterion" or the "Company"), is pleased to inform that the sativa seeds required for the Clonal Propagation of Cannabis Plants research program ("Program") were received by University of Queensland's ("UQ"), Queensland Alliance for Agriculture and Food Innovation ("QAAFI") on August 19, 2020. QAAFI has now commenced with the Program, which is planned to expedite clonal propagation of elite selections of...
2020-08-27 10:00 AM EDT
Asterion Retains First Penny Investments to Provide Equity Funding
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2020) - Asterion Cannabis Inc. ("Asterion" or the "Company"), announces a brokered private placement of up to 6,666,667 units (each, a "Unit") at the price of CAD$1.50 per Unit, for aggregate gross proceeds of up to CAD$10,000,000 (the "Financing"). Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one half a common share purchase warrant (each, a "Warrant"), with each Warrant entitling the...
2020-06-03 9:00 AM EDT
Asterion Appoints Amy Stephenson as Chief Investment Officer
Vancouver, British Columbia--(Newsfile Corp. - April 9, 2020) - Asterion Cannabis Inc. ("Asterion" or the "Company"), announces the appointment of Amy Stephenson, MBA, CFA, CPA, CMA, as Chief Investment Officer.Amy Stephenson has the in-depth cannabis industry knowledge, experience and relationship collateral that allows her to provide relevant information, direction and leadership on optimal financing and public transaction strategies for cannabis companies during the infancy stage. Ms....
2020-04-09 6:00 AM EDT
Asterion Signs Exclusive Definitive Association Agreement for $400 Million Financing, Development and Construction
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2020) - Asterion Cannabis Inc. ("Asterion" or the "Company"), announces that the Company and its wholly-owned Australian subsidiary, Asterion (Australia) Pty Ltd., ("Asterion (Australia)"), has entered into an exclusive Definitive Association Agreement (DAA) on March 30, 2020, to finalize the development, construction, maintenance and financing of the first ($400 million) phase of its facilities in Toowoomba, Queensland, Australia...
2020-03-31 10:23 AM EDT
Asterion to Participate in the 32nd Annual ROTH Conference
Vancouver, British Columbia--(Newsfile Corp. - March 9, 2020) - Asterion Cannabis Inc. ("Asterion" or the "Company"), is pleased to announce that it will participate in the 32nd Annual ROTH Conference taking place in Orange County, California, USA, from March 15th - 17th, 2020. Asterion's Chairman and CEO Stephen Van Deventer will be presenting, as a private company, on March 16th. Stephen will also be conducting one-on-one meetings with investors at the conference.ROTH Conference, hosted by...
2020-03-09 11:00 AM EDT
Asterion Cannabis Announces Annual General Meeting Results and Election of New Director
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2020) - Asterion Cannabis Inc. ("Asterion" or the "Company"), is pleased to announce the voting results from the Company's 2020 annual general meeting of shareholders (the "Meeting") held on Friday, January 24, 2020, in Vancouver, British Columbia. A total of 45,613,167 common shares were voted at the Meeting, representing 68.36% of the outstanding common shares of the Company, as at the record date for the Meeting. All matters...
2020-01-27 8:00 AM EST
Asterion to Hold 2020 Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) - Asterion Cannabis Inc. ("Asterion" or the "Company") announces that the Company's 2020 Annual General Meeting of Shareholders ("AGM") will be held on Friday, January 24, 2020 at 10:00 a.m. Pacific Time at Suite 2200 - 1177 West Hastings Street, Vancouver, BC, Canada, V6E 2K3.Matters to be acted upon at the AGM include;Appointment of AuditorNumber of DirectorsElection of DirectorsStock Option Plan ApprovalOther BusinessAbout...
2020-01-14 12:34 PM EST
Asterion Announces $10 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2020) - Asterion Cannabis Inc. ("Asterion" or the "Company"), announces a non-brokered private placement of up to 6,666,667 units (each, a "Unit") at the price of CAD $1.50 per Unit, for aggregate gross proceeds of up to CAD $10,000,000 (the "Financing"). Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole common share...
2020-01-02 9:00 AM EST
Asterion Awarded Medicinal Cannabis Licences from the Australian Office of Drug Control
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2019) - Asterion Cannabis Inc. ("Asterion" or the "Company"), announces that its wholly-owned Australian subsidiary ("Asterion Australia") has received its licences for the cultivation, manufacturing and research of medicinal cannabis (the "Licences") from the Australian Government's Office of Drug Control ("ODC"), effective December 20, 2019."This is a major milestone for Asterion as it prepares to commence work on its industry...
2019-12-23 8:00 AM EST
Asterion Lodges Operational Works Permit Application for Development at its Medicinal Cannabis Propagation and Processing Facility
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2019) - Asterion Cannabis Inc. ("Asterion" or the "Company") announces that the Company's wholly-owned Australian subsidiary ("Asterion Australia") has submitted its Operational Works permit (the "Operational Works Permit") application to the Toowoomba Regional Council (the "Council") to seek approval of certain development activities at the Company's Toowoomba Medicinal Cannabis project (the "Project"), as part of the final approval...
2019-11-12 9:00 AM EST
Asterion Receives Development Approval Permit for its Medicinal Cannabis Propagation and Processing Facility
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2019) - Asterion Cannabis Inc. ("Asterion" or the "Company") announces that the Company's wholly-owned Australian subsidiary ("Asterion Australia") has received the required Development Approval ("DA") permit from the Toowoomba Regional Council (the "Council") for the Company's Toowoomba Medicinal Cannabis Project (the "Project"). The DA means that the Council has accepted Asterion's proposed design and operational parameters for the...
2019-11-06 3:31 PM EST
Asterion Announces Appointment of Mr. Peter Ryan as Director of Development (Australia)
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2019) - Asterion Cannabis Inc. ("Asterion" or the "Company"), announces the appointment of Mr. Peter Ryan, PhD, BEng, BBus, MProMan, as the Director of Development (Australia).Mr. Ryan is an executive engineer and business leader with a track record of delivering strong operational results in organisations operating within the infrastructure and construction industry. Mr. Ryan's career spans over 25 years, during which time he has...
2019-08-26 11:20 AM EDT
PreveCeutical Grants Asterion Option to Purchase up to a 51% Interest in Sol-Gel Intellectual Property
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2019) - PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) ("PreveCeutical"), and Asterion Cannabis Inc. ("Asterion") announce that they have entered into an option to purchase agreement (the "Option Agreement"), whereby PreveCeutical has granted to Asterion the right and option (the "Option") to purchase up to 51% of PreveCeutical's right, title and interest in and to certain intellectual property rights relating to a...
2019-08-06 3:16 PM EDT
Asterion Cannabis Announces Annual General Meeting Results and Election of New Directors
Vancouver, British Columbia--(Newsfile Corp. - July 4, 2019) - Asterion Cannabis Inc. ("Asterion" or the "Company"), is pleased to announce the voting results from the Company's 2019 annual general meeting of shareholders (the "Meeting") held on Thursday June 20, 2019 in Vancouver, British Columbia. A total of 35,798,667 common shares were voted at the Meeting, representing 55.08% of the outstanding common shares of the Company, as at the record date for the Meeting. All matters submitted to...
2019-07-04 1:48 PM EDT
Asterion Signs Equity Participation Agreement with Wellcamp Business Park Pty Ltd
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2019) - Asterion Cannabis Inc. ("Asterion" or the "Company"), announces that, further to its news release dated April 24, 2019, the Company and its wholly-owned Australian subsidiary ("Asterion Australia") have entered into an equity participation agreement dated June 18, 2019 (the "Equity Participation Agreement") with Wellcamp Business Park Pty Ltd ("Wellcamp"), [an affiliate of Wagners Properties Pty Ltd] ("Wagners"). Pursuant to the...
2019-06-19 10:00 AM EDT
Asterion Appoints John Wagner as Strategic Advisor
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2019) - Asterion Cannabis Inc. (P.ASTR) ("Asterion" or the "Company") and Asterion Australia Pty Ltd ("Asterion Australia"), the Company's wholly-owned subsidiary, announces that Asterion Australia has entered into a strategic advisory services agreement with Mr. John Wagner, a Non-Executive Director of Wagners Holding Company Limited (ASX: WGN) ("Wagners"). Pursuant to the agreement, Mr. Wagner has been appointed as a Strategic Advisor...
2019-05-29 8:00 AM EDT