The Newly Institute Reports Its Annual General and Special Meeting Voting Results and Provides an Operational Update
Calgary, Alberta--(Newsfile Corp. - December 18, 2023) - The Newly Institute ("Newly" or the "Company") is pleased to report the voting results from its Annual General and Special Meeting of shareholders (the "Meeting") held on December 14, 2023. All of the matters put forward before shareholders for consideration and approval, as set out in the Company's Information Circular dated November 8, 2023 (the "Circular"), were approved by the requisite majority of votes cast at the Meeting. Specifically, shareholders approved...
2023-12-18 4:00 PM EST
The Newly Institute Provides Financial and Operational Update
Calgary, Alberta--(Newsfile Corp. - October 23, 2023) - The Newly Institute Inc. ("Newly" or the "Company"), a leading interdisciplinary mental health, addictions, and chronic pain clinic, is pleased to provide an operational and financial update.Newly is proud to announce that it has been awarded a Post-Traumatic Stress Disorder ("PTSD") Program Services Agreement by WorkSafeBC, a provincial agency that promotes safe and healthy workplaces across British Columbia ("B.C."). The multi-year agreement will provide Public Safety and Non-Public Safety Personnel experiencing ongoing...
2023-10-23 7:23 PM EDT
The Newly Institute Provides Update on Proposed Arrangement and Certain Secured Indebtedness
Calgary, Alberta--(Newsfile Corp. - August 1, 2023) - The Newly Institute Inc. ("Newly" or the "Company") wishes to announce that, further to the Company's press release dated July 13, 2023, Newly has terminated the arrangement agreement among Newly, HEAL Global Holdings Corp. ("HEAL" and, together with "Newly", the "Parties"), and Pathway Health Corp. Additionally, the Company wishes to announce that the Parties have entered into a non-binding term sheet dated July 28, 2023 (the "Term Sheet") providing the principal terms...
2023-08-01 10:00 PM EDT
The Newly Institute Inc. Provides Update on Proposed Arrangement and Short-Term Forbearance on Repayment of Certain Secured Indebtedness
Calgary, Alberta--(Newsfile Corp. - July 13, 2023) - The Newly Institute Inc. ("Newly" or the "Company") wishes to announce that the Alberta Court of King's Bench (the "Court") has denied an originating application seeking a final order to approve the previously announced arrangement (the "Final Order") (see press releases dated April 1, 2023, April 27, 2023, April 28, 2023, May 17, 2023, and May 31, 2023) by way of plan of arrangement pursuant to the Business Corporations Act (Alberta) among...
2023-07-13 4:00 PM EDT
The Newly Institute Inc. Announces Results of Its Special Meeting of Securityholders
Calgary, Alberta--(Newsfile Corp. - May 31, 2023) - The Newly Institute Inc. ("Newly" or the "Company") announced that the Company's securityholders approved the previously announced continuance of the Company into Alberta (the "Continuance") and plan of arrangement (the "Arrangement") with Pathway Health Corp. ("Pathway") and HEAL Global Holdings Corp. ("HEAL"), at a special meeting of securityholders held on May 30, 2023 (the "Meeting"). Under the terms of the Arrangement, shareholders of the Company will receive 4.846154 shares of Pathway for...
2023-05-31 4:00 PM EDT
The Newly Institute Announces Growth Updates on Canada-Wide Clinic Expansion, Key Programs and Patient Access
Highlights:Strength of the Newly's protocols is helping establish the Company as a key partner for Worker's Compensation Boards across CanadaNew clinics in British Columbia and Nova Scotia anticipated to open in 2023Expected launch of the first Center of Excellence in Toronto, Ontario in 2024Expanding service offerings through the introduction of Corporate Mental Health ServicesThe Newly's programs are now offered through most major short and long-term disability benefit providersStrategic combination with Pathway Health and HEAL Global sets a strong foundation for...
2023-05-17 9:00 AM EDT
The Newly Institute, Pathway Health, and HEAL Global Holdings Announce Business, Strategy and Financing Updates in Anticipation of Completion of Proposed Transaction
HighlightsThe Newly Institute, Pathway Health, and HEAL Global Holdings combination to create a leading integrated mental health, chronic pain management, and wellness foundation for growthSynergistically designed to address growing $700 billion[1] global market opportunity for mental health, chronic pain and wellness Strategic growth plan in place to expand service offerings, cross-sell, and expand clinical footprint across the countryPathway secured additional $1 million secured debt funding from Avonlea-Drewry Holdings Inc. ("ADH"), Pathway's largest indirect shareholder and secured creditor, to support completion...
2023-04-28 9:30 AM EDT
The Newly Institute Inc. Announces Special Meeting of Securityholders and Receipt of Interim Court Order for Plan of Arrangement
Calgary, Alberta--(Newsfile Corp. - April 27, 2023) - The Newly Institute Inc. ("Newly" or the "Company") today announced the joint information circular and proxy statement (the "Circular") and related materials will be mailed on May 2, 2023 for the special meeting (the "Special Meeting") of the Company's shareholders, optionholders and warrantholders (the "Securityholders") to vote on the previously announced plan of arrangement (the "Transaction") pursuant to which it is proposed that Pathway Health Corp. ("Pathway") will acquire all of the...
2023-04-27 5:30 PM EDT
The Newly Institute, Heal Global Holdings, and Pathway Health Enter into Definitive Agreement in Connection with Recapitalization and Debt Restructuring
Toronto, Ontario--(Newsfile Corp. - April 1, 2023) - The Newly Institute Inc. (“The Newly”), HEAL Global Holdings Corp. (“HEAL”), and Pathway Health Corp. (TSXV: PHC) (FSE: KL1) (“Pathway” or the “Corporation”), an integrated healthcare company that provides products and services to patients suffering from chronic pain and related conditions, today announced, further to its news releases dated December 22, 2022 and March 1, 2023, that the Corporation has entered into a definitive arrangement agreement (the "Arrangement Agreement") dated March 31,...
2023-04-01 12:51 AM EDT
The Newly Institute Opens Mental Health Treatment Clinic in Fredericton as Part of Expansion Across Canada
Calgary, Alberta--(Newsfile Corp. - March 9, 2022) - The Newly Institute Inc. ("The Newly" or the "Company"), Canada's leading inter-disciplinary mental health clinical organization that offers intensive outpatient treatment programs, announced the opening of its second clinic in Fredericton, New Brunswick. The Company's first clinic opened in Calgary in October 2021 and has immediately made an impact in treating individuals in need of treatment for PTSD, depression, anxiety, chronic pain, and addiction. The address for the Fredericton clinic is...
2022-03-09 9:00 AM EST
The Newly Institute Announces Appointment of Danny Williams, Former Premier of Newfoundland and Labrador, to Board of Directors
Calgary, Alberta--(Newsfile Corp. - January 24, 2022) - The Newly Institute Inc. ("The Newly" or the "Company"), Canada's leading inter-disciplinary mental health clinical organization that offers intensive outpatient treatment programs, today announced the appointment of Daniel E. (Danny) Williams, QC to the Company's Board of Directors."We are delighted to welcome Danny to The Newly's board," said Arthur H. Kwan, the Company's President & CEO. "Danny is well recognized for his contributions to the Canadian political and business sectors, and he...
2022-01-24 8:30 AM EST
Mydecine Signs LOI with The Newly Institute to Provide Psychedelic-Assisted Psychotherapy to Patients under Health Canada's Special Access Program
Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - Mydecine Innovations Group (NEO: MYCO) (OTC PINK: MYCOF) (FSE: 0NFA) ("Mydecine"), a biotechnology and digital technology company aiming to transform the treatment of mental health and addiction disorders, today announced it has signed a Letter of Intent (LOI) with The Newly Institute Inc. ("The Newly"), a Calgary, Alberta based company opening private inter-disciplinary mental health clinics across Canada, to collaborate on expanding psychedelic-assisted psychotherapy to patients.The Newly offers rapid access outpatient programs...
2022-01-18 7:30 AM EST
The Newly Institute Announces Proposed Non-Brokered Private Placement
Calgary, Alberta--(Newsfile Corp. - November 29, 2021) - Aspen Island Therapeutics Inc. DBA the Newly Institute ("The Newly Institute" or the "Company"), Canada's only inter-disciplinary mental health clinical organization that offers intensive outpatient treatment programs and utilizes revolutionary and leading edge therapies, including psychedelic-assisted psychotherapy, is pleased to announce its intention to complete a non-brokered private placement of up to 1,333,334 common share of the Company at a price of $1.50 per Common Share (the "Common Shares") for gross proceeds...
2021-11-29 4:00 PM EST
The Newly Institute Closes its Over-Subscribed Seed Round to Bring Revolutionary Mental Health Treatment to Canada
Calgary, Alberta--(Newsfile Corp. - August 27, 2021) - Aspen Island Therapeutics Inc. DBA the Newly Institute ("The Newly Institute" or the "Company"), Canada's only inter-disciplinary mental health clinical organization that offers intensive outpatient treatment programs and utilizes revolutionary and leading edge therapies, including psychedelic-assisted psychotherapy, is pleased to announce that it has closed an over-subscribed seed round financing of over $3 million (the "Seed Round"). The Seed Round was completed at a $15 million post-money valuation. The funds...
2021-08-27 8:00 AM EDT
Former Canadian Armed Forces Surgeon General Brigadier-General (Retired) H. Colin MacKay, OMM, CD, QHP, MD, MHSc, FRCPC (Hon) Joins The Newly Institute
Brigadier-General (Retired) H. Colin MacKay, OMM, CD, QHP, MD, MHSc, FRCPC (hon) was the 39th Canadian Forces Surgeon General. The Surgeon General is the professional head of the Canadian military health jurisdiction, the adviser to the Minister of National Defence, the Chief of Defence Staff on all matters related to health, and the Commander of the Royal Canadian Medical ServiceCalgary, Alberta--(Newsfile Corp. - August 3, 2021) - Aspen Island Therapeutics Inc. DBA The Newly Institute ("The Newly Institute" or the...
2021-08-03 8:00 AM EDT
The Newly Institute Announces the Execution of a Joint Working Agreement with Drug Science for the Drug Science Medical Psychedelics Working Group
Calgary, Alberta--(Newsfile Corp. - July 15, 2021) - Aspen Island Therapeutics Inc. DBA the Newly Institute ("The Newly Institute" or the "Company") is pleased to announce that it has entered into a joint working agreement with Drug Science and membership into the Drug Science Medical Psychedelics Working Group. Drug Science's mission is founded on their efforts, and their many hours of work delivering, reviewing and investigating evidence relating to psychoactive drugs with one single minded message - to tell...
2021-07-15 10:00 AM EDT
The Newly Institute Announces Agreement with Accreditation Canada
Calgary, Alberta--(Newsfile Corp. - May 20, 2021) - Aspen Island Therapeutics Inc. DBA The Newly Institute ("The Newly Institute" or the "Company") is pleased to announce that it has entered into an agreement with Accreditation Canada to commence the accreditation process for The Newly Institute's psychedelic-assisted psychotherapy clinics across Canada. Accreditation Canada delivers a wide range of high-impact assessment programs for health and social services, including mental health, which is powered by the Health Standards Organization (HSO). For...
2021-05-20 4:00 PM EDT
The Newly Institute Announces Its Medical and Corporate Advisory Boards
The Newly Institute's world class advisory boards will drive innovation in revolutionizing mental health treatment and delivery.The Medical Advisory Board is comprised of psychiatrists and physicians who are leaders in ketamine and depression, trauma, anxiety, pain, addiction, toxicology.The Corporate Advisory Board consists of decorated veterans, first responders, psychotherapists, disability specialists, and First Nations advocates.Calgary, Alberta--(Newsfile Corp. - April 30, 2021) - Aspen Island Therapeutics Inc. DBA The Newly Institute ("The Newly" or the "Company"), an Alberta-based corporation on track to...
2021-04-30 8:00 AM EDT
The Newly Institute Announces Hiring of Chief Operating Officer, Chief Strategy Officer, and Announces Leadership Team
Calgary, Alberta--(Newsfile Corp. - April 15, 2021) - Aspen Island Therapeutics Inc. DBA The Newly Institute ("The Newly Institute" or the "Company") announces the executive team to lead its roll-out strategy of psychedelic assisted psychotherapy clinics across Canada.Executive TeamThe Newly Institute has assembled a world class team with the credentials and the track record to position itself as the institutional leader in revolutionizing mental health care delivery: Arthur H. Kwan, MBA, CFA, ICD.D - President and Chief Executive OfficerRobert...
2021-04-15 8:00 AM EDT