Choom Files for Relief Under the Companies' Creditors Arrangement Act and Obtains Interim Financing
Vancouver, British Columbia--(Newsfile Corp. - April 22, 2022) - Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) ("Choom"), announces today that Choom and certain of its subsidiaries (Choom BC Retail Holdings Inc., 2151414 Alberta Ltd., 2688412 Ontario Inc., and Phivida Holdings Inc., herein the "Subsidiaries", and together with Choom, the "Companies") have obtained an order (the "Initial Order") of the Supreme Court of British Columbia providing the Companies protection from their creditors...
2022-04-22 3:30 PM EDT
Choom Announces Changes to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2022) - Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) ("Choom" or the "Company"), a Canadian retail Company focused on delivering an elevated customer experience through high quality service, announces that Mr. Kevin Puil and Peter Simeon have resigned from the board of directors of the Company effective immediately. "The Company has commenced a search for suitable independent directors to fill the vacancies left by the resignations and...
2022-04-08 8:16 PM EDT
Choom Announces Q2 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2022) - Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) ("Choom" or the "Company"), a Canadian retail Company focused on delivering an elevated customer experience through high quality service, is pleased to report its financial and operating results for Q2 2022, ending December 31, 2021. Q2 2022 Financial Highlights:Revenue of $4.21M versus $4.84M in Q1 2022Gross Margin of 37.53% versus 37.17% in Q1 2022Selling, general & administrative...
2022-03-02 7:30 AM EST
Choom Announces Private Placement of C$500,000
Vancouver, British Columbia--(Newsfile Corp. - December 24, 2021) - Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) ("Choom" or the "Company"), a Canadian retail company focused on delivering a high quality cannabis experience through its elevated service, is pleased to to announce a non-brokered private placement of 10,000,000 units of the Company ("Units") at a price of C$0.05 per Unit for gross proceeds of C$500,000 (the "Private Placement"). Each Unit consists of one common share (a...
2021-12-24 9:00 AM EST
Choom Announces Q1 Financial Results with $5.07M of Net Income
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2021) - Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) ("Choom" or the "Company"), a Canadian retail Company focused on delivering an elevated customer experience through high quality service, is pleased to report its financial and operating results for Q1 2022, ending September 30, 2021. Q1 2022 Financial Highlights:Revenue of $4.84M versus $4.88M in Q4 2021Gross Margin of 37.17% versus 38.35% in Q4 2021SG&A of $2.16M versus $2.29M...
2021-11-30 8:30 AM EST