Asterion Cannabis Inc.

Recent News

  • 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 scheduled to begin in the next few months - with the 75 hectare facility...

    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 "TSX". Asterion's Chairman and CEO,...

    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 most successful project management and construction companies with Asterion's vision to be...

    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 cannabis plants to enable high volume, pathogen-resistant,...

    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. Stephenson's addition to the team brings Asterion, one of the most accomplished finance officers...

    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 ("Project") with entities within the Watpac Limited group ("Watpac"). Watpac is a large and...

    2020-03-31 10:23 AM EDT