Majesta Minerals Inc. Shareholder Approval and Continuance into British Columbia
Toronto, Ontario--(Newsfile Corp. - January 27, 2021) - Majesta Minerals Inc. (the "Company") is pleased to announce that its shareholders approved all resolutions brought before them at the Company's Annual and Special Meeting of Shareholders held today (the "Meeting"), including the approval of all matters relating the proposed plan of arrangement ("Transaction") with Verano Holdings, LLC ("Verano"), Alternative Medical Enterprises, LLC, Plants of Ruskin, LLC, and affiliated companies...
2021-01-27 4:14 PM EST
Majesta Minerals Inc. Announces Administrative Amendments to Plan of Arrangement
Toronto, Ontario--(Newsfile Corp. - January 26, 2021) - Majesta Minerals Inc. (the "Company") and Verano Holdings, LLC ("Verano") have agreed to certain administrative changes to the plan of arrangement (the "Plan of Arrangement") in connection with their previously announced proposed business combination (the "Transaction"). The Plan of Arrangement has been amended to provide that each of Alternative Medical Enterprises, LLC, Plants of Ruskin, LLC and RVC 360, LLC have redomesticated from...
2021-01-26 9:51 PM EST
Majesta Minerals Inc. Announces New Date for Shareholders Meeting
Calgary, Alberta--(Newsfile Corp. - December 29, 2020) - Majesta Minerals Inc. ("Majesta" or the "Company") announced that it has filed an updated notice of meeting on SEDAR in respect of its upcoming annual general and special meeting of shareholders (the "Meeting"). The Meeting will be held on January 27, 2021, subject to adjournment or postponement. At the Meeting, shareholders will be asked to consider and approve, amongst other matters, a proposed business combination transaction (the...
2020-12-29 5:21 PM EST
Majesta Minerals Inc. Announces Definitive Agreement for Reverse Takeover by Verano Holdings, LLC
Calgary, Alberta--(Newsfile Corp. - December 15, 2020) - Majesta Minerals Inc. ("Majesta" or the "Company") announced that it entered into a definitive arrangement agreement (the "Definitive Agreement") today related to the proposed business combination (the "Transaction") with industry-leading, Chicago-based cannabis company Verano Holdings, LLC ("Verano"). The Definitive Agreement sets out the proposed terms and conditions pursuant to which Majesta and Verano will effect a business...
2020-12-15 6:30 AM EST
Majesta Minerals Inc. Announces Letter of Intent to Complete RTO with Verano Holdings, LLC
Toronto, Ontario--(Newsfile Corp. - December 7, 2020) - Majesta Minerals Inc. (the "Company") is pleased to announce that it has entered into a non-binding letter of intent with Verano Holdings, LLC. Further details relating to the transaction will follow upon execution of a definitive agreement.For further information please contact:Michael SteinChief Executive OfficerTel: 416-410-7722To view the source version of this press release, please visit https://www.newsfilecorp.com/release/69691
2020-12-07 5:23 PM EST
Majesta Completes Private Placement
Toronto, Ontario--(Newsfile Corp. - May 12, 2020) - Majesta Minerals Inc. ("Majesta" or the "Company") is pleased to announce that it has closed a non-brokered private placement offering (the "Offering") raising a total of $150,000 from the issuance of 1,875,000 units (the "Units") at the price of $0.08 per Unit. Each Unit consists of one common share ("Common Share") and one warrant (a "Warrant"). Each Warrant is exercisable to acquire one Common Share at a price of $0.10 for...
2020-05-12 11:43 AM EDT
Michael Stein Announces Settlement of Debt with Majesta Minerals Inc.
Toronto, Ontario--(Newsfile Corp. - July 31, 2019) - Michael Stein, a director and Chief Executive Officer of Majesta Minerals Inc. ("Majesta" or the "Company") announces that effective July 31, 2019 (the "Closing Date") that he and a company that he controls and directs has agreed to settle an aggregate of $85,000 of indebtedness owing from the Company (the "Settlement") in exchange for a convertible debenture in the principal amount of $85,000 (the "Debenture
2019-07-31 1:49 PM EDT
Majesta Minerals Inc. Announces Settlement of Debt
Toronto, Ontario--(Newsfile Corp. - July 31, 2019) - Majesta Minerals Inc. ("Majesta" or the "Company") announces that effective July 31, 2019 (the "Closing Date") it has agreed to settle an aggregate of $85,000 of indebtedness (the "Settlement") owing to Mr. Michael Stein, a director and Chief Executive Officer of the Company, and WFE Investments Corp. ("WFE"), a company that Mr. Stein controls and directs, in exchange for the Company issuing a convertible debenture in the principal amount...
2019-07-31 1:47 PM EDT
Majesta Minerals Inc. Announces Board of Directors Update
Toronto, Ontario--(Newsfile Corp. - April 12, 2019) - Majesta Minerals Inc. (the "Company") announces that Michael Kraft has resigned from the Board of Directors (the "Board") in order to focus on other priorities. In his place the Company has appointed Barry Polisuk to the Board. Mr. Polisuk is a graduate of McGill University and University of Ottawa Law Schools, having obtained an LL.B. cum laude and a Quebec Civil Law Degree. Mr. Polisuk was called to the bar in...
2019-04-12 5:36 PM EDT
Majesta Minerals Inc. Announces New Board Member, CFO and Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - December 13, 2018) - Majesta Minerals Inc. (the "Company") regretfully announces that Gabriel Nachman has resigned from the Board of Directors (the "Board") as well as from his position as Chief Financial Officer due to health reasons. The Company wishes him the very best of health and a speedy recovery. In his place the Company has appointed Nicholas Hariton to the Board. Since graduating from the University of Southern California, Gould School of Law,...
2018-12-13 5:47 PM EST
Majesta Minerals Inc. Announces the Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - November 12, 2018) - Majesta Minerals Inc. ("Majesta" or the "Company") announces that effective November 12, 2018 it has granted an aggregate of 1,100,000 options (the "Options") to certain directors of the Corporation to purchase up to an aggregate of 1,100,000 common shares (the "Shares") in the capital of the Company. The Options are exercisable at a price of $0.05 per Share and expire on November 12, 2021. For further information please contact:Michael...
2018-11-12 11:51 AM EST
Majesta Minerals Inc. Announces Change of Control
Toronto, Ontario--(Newsfile Corp. - August 20, 2018) - Majesta Minerals Inc. (the "Company") is pleased to announce the closing of a series of transactions (collectively, the "Transaction") pursuant to which WFE Investments Corp. In Trust purchased 9,707,735 common shares in the capital of the Company ("Purchased Shares") and 2,539,270 irrevocable options to purchase 2,539,270 common shares in the capital of the Company ("Purchased Options" and collectively with the Purchased Shares, the...
2018-08-20 7:40 PM EDT