IntellaEquity Inc. Announces Execution of Amalgamation Agreement with Canncentral Inc.
Toronto, Ontario--(Newsfile Corp. - July 29, 2019) - IntellaEquity Inc. (CSE: IEQ) (the "Corporation" or "IntellaEquity") is pleased to announce that, further to its news release dated May 27, 2019, the Corporation has entered into a definitive amalgamation agreement (the "Amalgamation Agreement") with CannCentral Inc. ("CannCentral"), a corporation existing under the laws of the Province of Ontario, which outlines the general terms and conditions pursuant to which IntellaEquity and CannCentral would be willing to complete a transaction that will result...
2019-07-29 12:15 PM EDT
IntellaEquity Enters into Letter of Intent to Acquire CannCentral Inc.
Toronto, Ontario--(Newsfile Corp. - May 27, 2019) - For the past several months, IntellaEquity Inc. (CSE: IEQ) ("IntellaEquity" or the "Corporation") undertook a process whereby it evaluated opportunities in the cannabis industry. One promising opportunity that presented itself was in the area of utilizing e-commerce / technology in the marketing and sale of cannabis and cannabis related products. As a res
2019-05-27 7:00 AM EDT
IntellaEquity Provides Update on Distribution to Shareholders
Toronto, Ontario--(Newsfile Corp. - April 5, 2019) - IntellaEquity Inc. (CSE: IEQ) (the "Corporation") would like to provide an update with respect to the distribution of an aggregate of 25,629,564 common shares (the "Sensor Shares") in the capital of Sensor Technologies Corp. ("Sensor") to the shareholders of the Corporation, as previously announced in its press releases of December 12, 2018 and January 29, 2019
2019-04-05 8:00 AM EDT
IntellaEquity sells 51% of Marcon International (USA) Inc for CDN$981,499.71.
Toronto, Ontario--(Newsfile Corp. - February 12, 2019) - IntellaEquity Inc. (CSE: IEQ) (the "Corporation" or "IntellaEquity") announces that it has sold 51% of all of the issued and outstanding securities (the "Securities") in the capital of Marcon International (USA) Inc. ("Marcon") to GRX Industries Inc. ("GRX), an arm's length third party. Pursuant to the share purchase agreement, GRX acquired the Securities for an aggregate purchase price of CDN$ 981,499.71, which was satisfied through the assumption of debt and...
2019-02-12 7:00 AM EST
IntellaEquity Sets the 2nd Record Date for Return of Capital
Toronto, Ontario--(Newsfile Corp. - January 29, 2019) - IntellaEquity Inc. (CSE: IEQ) (the "Corporation" or "IntellaEquity") announces that, further to its press release of December 12, 2018, the second distribution of 12,805,744 common shares in the capital of Sensor Technologies Corp. ("Sensor") will be distributed to holders of IntellaEquity shares on record as of February 15, 2019. The first distribution of 12,805,753 Sensor Shares is to be made to shareholders of IntellaEquity on record as of January 15, 2019 as...
2019-01-29 11:39 AM EST
IntellaEquity to Issue Return of Capital to Shareholders and Amends Warrant Terms
Toronto, Ontario--(Newsfile Corp. - December 12, 2018) - IntellaEquity Inc. (CSE: IEQ) (the "Corporation" or "IntellaEquity") announces today that it intends to distribute an aggregate of 25,611,487 common shares (the "Sensor Shares") in the capital of Sensor Technologies Corp. ("Sensor") to shareholders of the Corporation by way of a return of capital.The Sensor Shares will be distributed to resident holders of IntellaEquity shares (the "Distribution"). The Distribution will be paid on the basis of one (1) Sensor Share for every...
2018-12-12 12:52 PM EST
IntellaEquity Inc Provides Sales Update
Toronto, Ontario--(Newsfile Corp. - October 31, 2018) - IntellaEquity Inc. (CSE: IEQ) (formerly Augusta Industries Inc.) (the "Corporation") is pleased to announce that its wholly owned subsidiary, Marcon International Inc. ("Marcon"), has entered into new agreements with various departments of the United States government for the supply of instrumentation and equipment. The aggregate value of the agreement entered into was $405,402.34. The current backlog of orders, including these new contracts, is $748,904.04 as of October 31, 2018."The Corporation...
2018-10-31 9:25 AM EDT
IntellaEquity (formerly Augusta Industries Inc.) Provides Update
Toronto, Ontario--(Newsfile Corp. - October 5, 2018) - IntellaEquity Inc. (CSE: IEQ) (formerly Augusta Industries Inc.) (the "Corporation") would like to provide an update with respect to its halt trading on the Canadian Securities Exchange. In connection with its recent name change and consolidation, the Corporation received a new CUSIP number which was required to be made eligible for trading by The Depository Trust & Clearing Corporation ("DTCC"). Unfortunately there was some confusion between DTCC and the Corporation's transfer...
2018-10-05 11:01 AM EDT
IntellaEquity (formerly Augusta Industries Inc.) to Commence Trading on the Canadian Securities Exchange October 4
Toronto, Ontario--(Newsfile Corp. - October 2, 2018) - IntellaEquity Inc. (formerly Augusta Industries Inc.) (the "Corporation") is pleased to announce that on the opening of the market on October 4, 2018, the Corporation's common shares will commence trading through the facilities of the Canadian Securities Exchange ("CSE"). The common shares will trade under the symbol " IEQ".The Corporation is also pleased to announce that it has completed the sale of its wholly owned subsidiary, Fox-Tek Canada Inc. to Mooncor...
2018-10-02 9:20 AM EDT
Augusta to Delist from the TSX Venture Exchange
Toronto, Ontario--(Newsfile Corp. - October 1, 2018) - Augusta Industries Inc. (the "Corporation") announces that it has requested that its common shares be voluntarily delisted from the TSX Venture Exchange ("TSX"). The common shares are expected to be delisted on or about October 3, 2018.The board of the directors of the Corporation determined that it was in the best interests of the Corporation and its shareholders to voluntary delist its common shares from the TSXV and file a listing...
2018-10-01 11:57 AM EDT
Augusta Announces Results for the Six Months Ended June 30, 2018 and Augusta Subsidiary Marcon Signs Contracts for $516,862.67
Toronto, Ontario--(Newsfile Corp. - August 30, 2018) - Augusta Industries Inc. (TSXV: AAO) (the "Corporation") is pleased to announce that it has released its financial results for the six months ended June 30, 2018.Summary for Six Months Ended June 30, 2018For the six months ending June 30, 2018, the Corporation had revenues of $2,103,000 as compared to $1,576,000 during the six months ending June 30, 2017. Total loss for the six months ending June 30, 2018 was $317,000 or a...
2018-08-30 8:00 AM EDT
Augusta Subsidiary Paragon Blockchain to Acquire Shares of FinX Solutions Inc.
Toronto, Ontario--(Newsfile Corp. - August 20, 2018) - Augusta Industries Inc. (TSXV: AAO) (the "Corporation") is pleased to announce that its wholly owned subsidiary, Paragon Blockchain Inc. ("Paragon"), has entered into a non-binding letter of intent dated August 16, 2018 (the "LOI") with FinX Solutions Inc. ("FinX"), an arm's length party to the Corporation.Pursuant to the LOI, Paragon will acquire an aggregate of 500,000 units (the "FinX Units") of FinX in exchange for the issuance of an aggregate of 1,250,000...
2018-08-20 7:45 AM EDT
Augusta Subsidary, Paragon Blockchain to Acquire Shares of CareX Blockchain Platform Inc.
Toronto, Ontario--(Newsfile Corp. - August 16, 2018) - Augusta Industries Inc. (TSXV: AAO) (the "Corporation") is pleased to announce that its wholly owned subsidiary, Paragon Blockchain Inc. ("Paragon"), has entered into a non-binding letter of intent dated August 12, 2018 (the "LOI") with CareX Blockchain Platform Inc. ("CareX"), an arm's length party to the Corporation.Pursuant to the LOI, Paragon will acquire an aggregate of 2 million shares (the "CareX Shares") in the capital of CareX in exchange for the issuance...
2018-08-16 9:02 AM EDT
Mooncor Oil & Gas Provides Update on its Shareholders' Meeting
Toronto, Ontario--(Newsfile Corp. - July 18, 2018) - Mooncor Oil & Gas Corp. (TSXV: MOO) (the "Corporation") would like to provide an update with respect to its proposed transaction with Augusta Industries Inc. ("Augusta") whereby the Corporation will acquire all of the issued and outstanding securities of FOX-TEK Canada Inc. ("FOX-TEK") for an aggregate purchase price of up to $21.5 million (the "Transaction"). For complete details on the proposed transactions, please refer to Augusta Industries press release dated May 28,...
2018-07-18 9:00 AM EDT
Augusta Provides Updates
Toronto, Ontario--(Newsfile Corp. - July 16, 2018) - Augusta Industries Inc. (TSXV: AAO) (the "Corporation"), a developer and marketer of patented non-intrusive sensing systems, would like to provide a general update.Clean Growth ProgramFurther to its press release of March 5, 2018, the Corporation reports that the letter of intent that was submitted by its wholly owned subsidiary, Fox-Tek Canada Inc. ("Fox-Tek"), to the Green Growth Program was not chosen as one of the 100 proposals to proceed to the full...
2018-07-16 8:50 AM EDT
FOX-TEK Completes Testing and Reports Findings to Client in India and Augusta to Extend Term of Warrants
Toronto, Ontario--(Newsfile Corp. - July 9, 2018) - Augusta Industries Inc. (TSXV: AAO) (the "Corporation"), a developer and marketer of patented non-intrusive sensing systems, is pleased to announce that its wholly owned subsidiary, FOX-TEK Canada Inc. ("FOX-TEK"), has received a small test plate from the Corporation's agent in India to test and provide a report to a client.The objective of the test and report was to show conclusively that FOX-TEK's EFM technology can work with a typical vessel wall where the insid
2018-07-09 8:00 AM EDT
Augusta Sells Leak Detection System to One of North Americas Largest Pipeline Companies and Provides Update on the Proposed Sale of FOX-TEK
Toronto, Ontario--(Newsfile Corp. - July 5, 2018) - Augusta Industries Inc. (TSXV: AAO) (the "Corporation"), a developer and marketer of patented non-intrusive sensing systems, is pleased to announce that its wholly owned subsidiary, FOX-TEK Canada Inc. ("FOX-TEK"), has received a contract for a complete leak detection system to monitor pipelines and tanks carrying petroleum products from one of North America's largest pipeline companies. The customer is an existing client of the Corporation.The leak detection system is based on an innovative fully passive...
2018-07-05 7:30 AM EDT
Augusta Selling FOX-TEK Canada to Mooncor for Aggregate Purchase Price of up to $21.5 Million
Toronto, Ontario--(Newsfile Corp. - May 28, 2018) - Augusta Industries Inc. (TSXV: AAO) ("Augusta") and Mooncor Oil & Gas Corp. (TSXV: MOO) ("Mooncor") would like to announce that they have entered into letter of intent (the "LOI") pertaining to the sale of FOX-TEK Canada Inc. ("FOX-TEK") by Augusta to Mooncor for an aggregate purchase price of up to $21,500,000 (the "Purchase Price"). $9,500,000 of the Purchase Price will be satisfied through the issuance of an aggregate of 47,500,000 post-consolidated common...
2018-05-28 7:30 AM EDT
Augusta Announces its Shareholders' Meeting and Provides Sales Update
Toronto, Ontario--(Newsfile Corp. - May 17, 2018) - Augusta Industries Inc. (TSXV: AAO) (the "Corporation") is pleased to announce that it wholly owned subsidiary, Marcon International Inc. ("Marcon"), has entered into new agreements with various departments of the United States government for the supply of instrumentation and equipment. The aggregate value of the agreement entered into was $612,522.38. The current backlog of orders, including these new contracts, is $962,838.71 as of May 15, 2018."The Corporation is pleased to enter in...
2018-05-17 10:09 AM EDT
Augusta Announces Results for the First Quarter of 2018 and Year Ending December 31st 2017 and Corporate Update
Toronto, Ontario--(Newsfile Corp. - May 1, 2018) - Augusta Industries Inc. (TSXV: AAO) (the "Corporation") is pleased to announce that it has released its financial results for the year ended December 31, 2017 and for three months ended March 31, 2018.Summary for Three Months Ended March 31, 2018For the three months ending March 31, 2018, the Corporation had revenues of $1,720,000 as compared to $879,000 during the three months ending March 31, 2017. Total profit from operations for the three...
2018-05-01 6:00 AM EDT