FinCanna Capital Corp. Amends Terms of Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - January 17, 2024) - FinCanna Capital Corp. (CSE: CALI.X) (OTC Pink: FNNZF) ("FinCanna" or the "Company") announces that it has received Debenture Holder approval to amend its outstanding Convertible Debentures to extend the maturity date by a further twelve (12) months (see press release dated February 17, 2023).The Company previously issued Convertible Debentures, as amended from time to time, in February 2019 and July 2020. The Convertible Debentures, as amended, mature on January 10, 2025...
2024-01-17 4:15 PM EST
FinCanna Capital Corp. Announces Election to Issue Common Shares in Satisfaction of Convertible Debenture Interest Payments
Toronto, Ontario--(Newsfile Corp. - October 6, 2023) - FinCanna Capital Corp. (CSE: CALI.X) (OTC Pink: FNNZF) ("FinCanna" or the "Company") announces that it has received Debenture Holder approval to amend its outstanding Convertible Debentures to allow, for up to two more consecutive quarters, interest payments under the Convertible Debentures to be satisfied with the issuance of common shares of the Company. The Company has elected to issue shares to satisfy convertible debenture interest payments due October 6, 2023 and October 10, 2023...
2023-10-06 4:00 PM EDT
FinCanna Capital Corp. Announces Election to Issue Common Shares in Satisfaction of Convertible Debenture Interest Payments
Toronto, Ontario--(Newsfile Corp. - April 11, 2023) - FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) ("FinCanna" or the "Company") announces that it has received Debenture Holder approval to amend its outstanding Convertible Debentures to allow, for up to two more consecutive quarters, interest payments under the Convertible Debentures to be satisfied with the issuance of common shares of the Company, a third (or more) consecutive quarter of satisfying interest payments with the issuance of common shares of the Company will require further...
2023-04-11 4:30 PM EDT
FinCanna Capital Corp. Amends Terms of Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - February 17, 2023) - FinCanna Capital Corp. (CSE: CALI) (OTC Pink: FNNZF) ("FinCanna" or the "Company") announces that it has received Debenture Holder approval to amend its outstanding Convertible Debentures to: (1) extend the maturity date by twelve (12) months; (2) reduce the conversion price from $0.15 to $0.005 per share and convert an aggregate of 55% of the currently outstanding debentures (see press release dated December 21, 2022); and (3) allow, for up to two more consecutive...
2023-02-17 8:00 AM EST
Early Warning News Release
Toronto, Ontario--(Newsfile Corp. - December 30, 2022) - Bob Simpson, indirectly through 2852138 Ontario Inc. ("285 Ont") announces the acquisition of 484,006 common shares ("Shares") and 877,500 convertible debentures ("Debentures") of FinCanna Capital Corp. ("FinCanna" or the "Company") at an aggregate price of $23. Each Debenture is conditionally convertible into one (1) Share of the Company at a conversion price of $0.005 per Share. Before the acquisition, 285 Ont owned, nil Shares and nil Debentures of the Company....
2022-12-30 4:35 PM EST
FinCanna Capital Corp. Announces Change of Management and Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - December 21, 2022) - FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) ("Fincanna" or the "Company") is pleased to announce management changes and to provide corporate update.Change of Management The Company has restructured its management team:Andriyko Herchak has resigned as Chief Executive Officer and director of the Company; Patrick Goggin has resigned as director; Robert Scott has resigned as Chief Financial Officer and Jeff Dare has resigned as Corporate Secretary of the Company. Michael Coner will remain a director...
2022-12-21 7:30 AM EST
FinCanna Capital Files Annual Financial Statements and MD&A
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2022) - FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) ("FinCanna") ("the Company"), an investment company focused on the U.S. licensed cannabis industry, filed on SEDAR today its annual financial statements and MD&A, which state that subsequent to the fiscal 2022 year end, the Company effectively discontinued operations as it made a determination not to continue funding QVI, Inc., its last remaining operating investee company. Substantially, all of the Company's investments have been written...
2022-08-29 9:40 PM EDT
FinCanna Capital Portfolio Company, QVI Inc., Intends to Suspend Operations
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2022) - FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) ("FinCanna") ("the Company"), an investment company focused on the U.S. licensed cannabis industry, regrets to announce that its portfolio company, QVI Inc., a cannabis-infused product manufacturer located in Sonoma County, California, doing business as "West County Brands" intends to suspend operations indefinitely.Earlier this year, QVI initiated its "manufacturer to retail" revenue model featuring its own branded line of cannabis infused, edible...
2022-08-10 7:00 PM EDT