1287390 B.C. Ltd. and NiCAN Limited Announce Conditional Approval for Business Combination Transaction
Toronto, Ontario--(Newsfile Corp. - July 20, 2022) - 1287390 B.C. Ltd. ("390") and NiCAN Limited ("NiCAN") are pleased to announce that the parties have received conditional approval from the TSX Venture Exchange (the "TSXV") for their previously announced business combination transaction (the "Transaction") in accordance with Policy 5.2 of the TSXV, pursuant to which 390 and NiCAN will, among other things, amalgamate and continue as one corporation (the "Resulting Issuer") under the...
2022-07-20 8:45 PM EDT
1287390 B.C. Ltd. Announces Update on Proposed Business Combination Transaction with NiCAN Limited
Toronto, Ontario--(Newsfile Corp. - July 4, 2022) - 1287390 B.C. Ltd. ("390") announces that further to its press release of March 3, 2022, 390 has entered into an amending agreement dated June 29, 2022 (the "Amending Agreement") with NiCAN Limited ("NiCAN") to amend certain terms of the definitive amalgamation agreement dated March 3, 2022 (the "Amalgamation Agreement") between 390 and NiCAN, as described below. The TransactionPursuant to the Amalgamation Agreement, 390 will amalgamate with...
2022-07-04 12:16 PM EDT
1287390 B.C. Ltd. and NiCAN Limited Announce Closing of $6.1 Million Concurrent Private Placement in Connection with Its Proposed Business Combination to Form NiCAN Limited
Toronto, Ontario--(Newsfile Corp. - April 8, 2022) - 1287390 B.C. Ltd. ("390") and NiCAN Limited ("NiCAN") are pleased to announce that further to the news release of 390 dated March 3, 2022, NiCAN has successfully closed the previously-announced non-brokered private placement (the "Concurrent Offering") of 14,483,446 Subscription Receipts (as defined below), for gross proceeds of $6,108,675.70. The Concurrent Offering was completed as part of the proposed business combination (the...
2022-04-08 5:36 PM EDT
1287390 B.C. Ltd. Announces Proposed Business Combination Transaction and Concurrent Financing
Toronto, Ontario--(Newsfile Corp. - March 3, 2022) - 1287390 B.C. Ltd. ("390") is pleased to announce it has entered into an amalgamation agreement dated March 3, 2022] (the "Definitive Agreement") with NiCAN Limited ("NiCAN" or the "Company"), pursuant to which the Company will amalgamate with 390 and continue as one corporation (the "Transaction"), being the "Resulting Issuer". As a result of the Transaction, the securityholders of NiCAN and 390 will become securityholders of the Resulting...
2022-03-03 7:00 AM EST