Rigel Technologies Signs Letter of Intent with Quantum Vault Tech Corp. for Proposed Reverse Takeover Transaction
Toronto, Ontario--(Newsfile Corp. - December 16, 2025) - Rigel Technologies Inc. (the "Company") is pleased to announce it has entered into a non-binding letter of intent (the "LOI"), dated December 15, 2025, to acquire all of the issued and outstanding shares of Quantum Vault Tech Corp. (the "Target"), which is arm's length to the Company, resulting in a proposed reverse takeover of the Issuer (the "Transaction").On closing of the Transaction (the "Closing"), the shareholders of Rigel will...
2025-12-16 4:15 PM EST
Rigel Technologies Announces Corporate Update
Toronto, Ontario--(Newsfile Corp. - August 17, 2023) - Rigel Technologies Inc. (the "Company") wishes to announce a corporate update, consisting of: i) board and management changes; and ii) completion of debt settlement and filing of an early warning report thereto.Board ChangeThe Company announces that the board of directors of the Company appointed of Jiewei (Jim) Wang as a director of the Company effective August 15, 2023. Mr. Wang has 15 years of investment banking and private equity...
2023-08-17 4:20 PM EDT
Rigel Announces Extension of Warrants
Toronto, Ontario--(Newsfile Corp. - October 17, 2022) - Rigel Technologies Inc. (the "Company" or "Rigel") announces its intent to amend the terms of 500,000 outstanding warrants of the Company (the "Warrants") that were set to expire October 14, 2022. The Company plans to extend the expiry date for all the Warrants to the lessor of three (3) years or six (6) months after listing on a recognised Canadian stock exchange. All other terms of the Warrants remain the same.FOR FURTHER...
2022-10-17 4:15 PM EDT
Rigel Announces Director Resignation
Toronto, Ontario--(Newsfile Corp. - April 30, 2021) - Rigel Technologies Inc. (the "Company" or "Rigel") announces that Mr. Lior Ishai has resigned from its Board of Directors effective, April 29, 2021. The Company would like to thank Mr. Ishai for his time serving as a Director and wishes him well in his future endeavours. FOR FURTHER INFORMATION CONTACT:Jeremy Rozen, President and CEOTel: 905-883-9602E-Mail: rozenjb@gmail.comFORWARD-LOOKING STATEMENTS: Certain of the information contained...
2021-04-30 5:00 PM EDT
Rigel Amends Material Change Report
Toronto, Ontario--(Newsfile Corp. - November 6, 2020) - Rigel Technologies Inc. (the "Company") announces a clarification and correction with respect to its previous press release dated October 15, 2020 (the "Press Release") and material change report dated October 19, 2020 (the "MCR"). As disclosed in the Press Release, the Company announced that it had closed:a non-brokered private placement of 500,000 units (the "Units") to raise aggregate gross proceeds of $25,000 (the "Unit Offering"),...
2020-11-06 6:12 PM EST
Rigel Closes Non-Brokered Private Placement and Settles Debt
Toronto, Ontario--(Newsfile Corp. - October 15, 2020) - Rigel Technologies Inc. (the "Company") is pleased to announce that it closed a non-brokered private placement of units (the "Units") through the issuance of 500,000 Units for aggregate gross proceeds of $25,000 (the "Offering"). Each Unit is comprised of one (1) common share (a "Common Share") in the capital of the Company and one (1) common share purchase warrants (a "Warrant"). Each Warrant entitles the holder thereof to purchase one...
2020-10-15 8:47 AM EDT
Rigel Technologies Appoints New Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - January 27, 2020) - Rigel Technologies Inc. (the "Company" or "Rigel") is pleased to announce the appointment of Keith Li as the Company's Chief Financial Officer, effective January 27, 2020. Appointment of Keith Li as Chief Financial OfficerMr. Li is a finance professional with over 10 years of corporate accounting and audit experience. He specializes in providing management advisory services, accounting and regulatory compliance services to companies in a...
2020-01-27 10:56 AM EST
Rigel Technologies Appoints New Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - October 10, 2019) - Rigel Technologies Inc. (the "Company" or "Rigel") is pleased to announce the appointment of Hasan Zaidi as the Company's Chief Financial Officer, effective October 8, 2019. Mr. Zaidi is a finance professional with over 6 years of experience in the private sector, specializing in corporate accounting, financial reporting and regulatory compliance services. Mr. Zaidi is also currently the CFO of Duncan Park Holdings Corporation. Prior to...
2019-10-10 4:52 PM EDT