Annonce • Jun 27
Metasphere Labs Inc. announced that it expects to receive CAD 0.5 million in funding Metasphere Labs Inc. has announced a non-brokered private placement of 3,571,429 units for gross proceeds of up to CAD 500,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each Warrant will entitle the holder to acquire one additional Common Share at a price of CAD 0.175 per Common Share for a period of 48 months from the date of issuance. All securities issued pursuant to the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws. The Offering may close in one or more tranches and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval of the CSE. The Company may pay finder’s fees and/or issue finder’s warrants in connection with the Offering in accordance with applicable securities laws and CSE policies. Annonce • Apr 30
Metasphere Labs Inc., Annual General Meeting, Jul 02, 2026 Metasphere Labs Inc., Annual General Meeting, Jul 02, 2026. Annonce • Apr 26
Metasphere Labs Inc. announced that it has received CAD 0.703515 million in funding Metasphere Labs Inc. announced a non-brokered private placement for issuance of 6,395,591 common shares at a price of CAD 0.11 per common share, for aggregate gross proceeds of CAD 703,515.01 on April 24, 2026. The securities issued pursuant to the LIFE are not subject to a statutory hold period under applicable Canadian securities laws. No finders' fees were paid in connection with the LIFE offering. Annonce • Jan 31
Metasphere Labs Inc. announced that it has received CAD 0.6 million in funding On January 29, 2026, Metasphere Labs Inc. closed the transaction. The company issued 12,000,000 units at a price of CAD 0.05 per Unit, for aggregate proceed of CAD 600,000.Each Unit is comprised of one common share and one transferable common share purchase warrant. Each Warrant entitles the holder to acquire one additional Common Share of the Company at a price of CAD 0.06 for a period of four years from the closing date of the Offering. All securities issued in connection with the Offering are subject to a statutory hold period of four months and one day from the applicable closing date of the Offering, in accordance with applicable Canadian securities laws. No finder fees were paid in connection with the Offering. Annonce • Jan 14
Metasphere Labs Inc. announced that it expects to receive CAD 0.6 million in funding Metasphere Labs Inc. announced a non-brokered private placement to issue 12,000,000 Units at an issue price of CAD 0.05 for the proceeds of CAD 600,000 on January 13, 2026. Each Unit will consist of one common share and one transferable common share purchase warrant. Each Warrant will entitle the holder to acquire one additional Common Share of the Company at a price of CAD 0.06 for a period of four (4) years from the Closing Date. The Offering is expected to closed on or about January 23, 2026, or on such other date as the Company may determine, subject to the receipt of all required regulatory approvals, including acceptance by the Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day from the applicable closing date, in accordance with applicable Canadian securities laws. No finder fees will be paid in connection with the Offering. Annonce • Oct 19
Metasphere Labs Inc. announced that it expects to receive CAD 0.75 million in funding Metasphere Labs Inc. announced a LIFE offering to issue 4,347,826 units at an issue price of CAD 0.115 for gross proceeds of CAD 499,999.99 and an non-brokered private placement to issue 2,173,913 common shares at an issue price of CAD 0.115 for gross proceeds of CAD 249,999.995 for aggregate proceeds of CAD 749,999.985 on October 17, 2025. Each unit will consist of one common shares and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the company at a price of CAD 0.15 at any time on or after 61 days following the closing date in which the unit is issued for a period of four years from the closing date. The non-LIFE offering will be subject to a statutory hold period of four months and one day from the applicable closing date, in accordance with applicable Canadian Securities laws. Certain directors and officers of the company may acquire units or/and common shares under the non-brokered private placement. The non-brokered private placement is expected to close in one or more tranches on or before December 1, 2025, or on such other date or dates as the company may determine, subject to the receipt of all required regulatory approvals, including acceptance by the Canadian Securities Exchange. Annonce • Mar 04
Metasphere Labs Inc. announced a financing transaction Metasphere Labs Inc. announced a proposed non-brokered private placement to issue 10,000,000 units on March 3, 2025. Each Unit will consist of one Common Share and one transferrable Common Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Common Share for a period of 36 months from the date of issuance. All securities issued under the Private Placement will be subject to a statutory hold period of four months and one day following the closing of the Private Placement. Finder’s fees may be payable in connection with the Private Placement in accordance with the policies of the CSE. Certain directors and officers of the Company may acquire Units under the Private Placement. The transaction is subject to annual general and special meeting to be held on April 2, 2025. Annonce • Jan 22
Metasphere Labs Inc., Annual General Meeting, Apr 02, 2025 Metasphere Labs Inc., Annual General Meeting, Apr 02, 2025. Board Change • Dec 30
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Member of Strategic Advisory Board Ben Yu is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jun 19
Third quarter 2024 earnings released: EPS: CA$0.005 (vs CA$1.56 loss in 3Q 2023) Third quarter 2024 results: EPS: CA$0.005 (up from CA$1.56 loss in 3Q 2023). Revenue: CA$676.1k (up CA$675.8k from 3Q 2023). Net income: CA$203.9k (up CA$3.01m from 3Q 2023). Profit margin: 30% (up from net loss in 3Q 2023). Board Change • Jun 19
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Member of Strategic Advisory Board Ben Yu is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • Jun 15
Metasphere Labs Inc. Announces Changes to its Board Metasphere Labs Inc. announced the appointment of Mr. Guy Bourgeois as a new independent director of the Company, with immediate effect. Mr. Bourgeois has served as an owner, investor, advisor, or board member in dozens of innovative companies over the past 30 years. He is skilled in raising capital, obtaining government grants, expanding global business development and creating smart business strategies. He is a seasoned professional with decades of broad expertise centered around commercial growth and innovative/disruptive technological developments. Additionally, the Company announced the resignation of Ms. Armita Jalooli as a director of the Company, with immediate effect. Annonce • May 18
Metasphere Labs Inc. Unveils Decentralized Identity System At Consensus 2024 and Announces Carbon Aware Routing Protocol Metasphere Labs Inc. announced its participation in Consensus 2024 alongside Bot Ventures Inc., where they will unveil an early demonstration of their innovative decentralized identity and domain name system. This platform utilizes Bitcoin blockchain technology to enhance online security and trust through decentralized digital identity solutions. New Carbon Aware Routing Protocol Initiative: In addition to the demonstration, the Company is excited to announce a pioneering initiative to develop a carbon aware routing protocol for computer networks and the Internet. This protocol will enable Internet Service Providers (ISPs) and network participants to route data packets by prioritizing routes that minimize carbon emissions instead of focusing solely on the number of hops.Why Carbon Aware Routing is Needed: The Internet is a significant contributor to global carbon emissions due to the energy consumed by data centers and network infrastructure. This trend will only increase exponentially with compute-intensive AI and Metaverse applications. Current routing protocols optimize for speed and cost, often disregarding the environmental impact. By implementing a carbon aware routing protocol, ISPs can make more environmentally conscious decisions, significantly reducing the Internet's carbon footprint. This innovative protocol will also provide real-time analytics of Internet routing, enabling ISPs to monitor and offset their emissions. The integration of these analytics will allow for greater transparency and accountability in managing carbon emissions across the digital landscape. Metasphere aims to unveil this protocol at Mobile World Congress Americas and plans to submit it to the Internet Engineering Task Force (IETF) within the same timeframe. Board Change • Mar 07
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Member of Strategic Advisory Board Ben Yu is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • Feb 24
Looking Glass Labs Ltd. Appoints Natasha Ingram as Chief Executive Officer Looking Glass Labs Ltd. announced the appointment of Mrs. Natasha Ingram as its new Chief Executive Officer. Mrs. Ingram, a seasoned entrepreneur and marketing virtuoso, brings a wealth of experience and a fresh perspective to Looking Glass Labs. Before joining the Company, Mrs. Ingram was the founder of the digital agency, Transparency Digital, showcasing her strategic vision and execution prowess. In her new role, Mrs. Ingram is set to direct the Company's innovative efforts in developing cutting-edge Open Metaverse applications and digital assets, leveraging the power of Unreal Engine development and blockchain technology. Under her guidance, Looking Glass Labs will focus on creating applications that not only push the boundaries of virtual worlds but also prioritize environmental sustainability, social impact, and the promotion of freedom of speech. The Company also extends its heartfelt gratitude to Mr. Jared Gurfein for his dedicated service as the outgoing CEO. Mr. Gurfein's visionary leadership has been instrumental in positioning Looking Glass Labs on its current trajectory of growth and innovation. Looking Glass Labs is poised for an exciting new chapter under Mrs. Ingram's leadership, with a focus on expanding its reach in the Open Metaverse sector and making a positive impact on society. Annonce • Feb 09
Looking Glass Labs Ltd. (NEOE:NFTX) completed the acquisition of Climate and artificial intelligence (AI) web3 assets from Bot Media Corp. Looking Glass Labs Ltd. (NEOE:NFTX) entered into a definitive agreement to acquire Climate and artificial intelligence (AI) web3 assets from Bot Media Corp. for CAD 0.77 million on February 6, 2024. The acquisition includes carbon.bot and climate.bot. Under the terms of the Purchase Agreement, LGL will issue a total of 3.06 million Consideration Shares to the Vendor, each valued at CAD 0.25, at the time of closing. These shares will be subject to a statutory hold period of four months and one day, starting from the closing date. Transaction is subject to Looking Glass Labs Ltd. final due diligence and the approval of Cboe Canada.
Looking Glass Labs Ltd. (NEOE:NFTX) completed the acquisition of Climate and artificial intelligence (AI) web3 assets from Bot Media Corp. on February 8, 2024. Annonce • Dec 19
Looking Glass Labs Ltd. Announces Chief Executive Officer Changes Looking Glass Labs Ltd. announced the appointment of Jared Gurfein as the Chief Executive Officer (the CEO) of the Company as of the date hereof. Jared L. Gurfein, Esq. began his legal career as a law clerk to the Honorable Milton Pollack in which he helped author leading cases relating to insider trading, securities law and public exchanges. Subsequently he was a Mergers & Acquisition and Corporate Finance lawyer with Skadden, Arps, Slate, Meagher & Flom LP, followed by his role as Deputy General Counsel and later General Counsel of NTL Incorporated (now Virgin Media). Subsequently he co-founded Lucid Absinthe as President & CEO, legalising Absinthe in the USA after a 95-year ban, selling the Company for a significant return to its investors. Currently Mr. Gurfein is a member of Hawkwood Group, LLC, and owns his own private law firm, Jared L. Gurfein, Esq., practicing in a wide range of commercial and corporate work with an emphasis on technology, early-stage companies and beverage alcohol work. Mr. Gurfein has served C-suite positions to several companies spanning various industries throughout his career, devoting as much time to business as he has to law. Current Directorships: Hawkwood LP (USA) and Jared L. Gurfein, Esq. PLLC (USA). Mr. Dorian Banks has resigned as the CEO of the Company and from all director and officer positions of the Company’s subsidiaries, with immediate effect. Reported Earnings • Dec 17
First quarter 2024 earnings released: EPS: CA$0.15 (vs CA$1.42 loss in 1Q 2023) First quarter 2024 results: EPS: CA$0.15 (up from CA$1.42 loss in 1Q 2023). Revenue: CA$651.6k (up 375% from 1Q 2023). Net income: CA$296.3k (up CA$2.65m from 1Q 2023). Profit margin: 46% (up from net loss in 1Q 2023). New Risk • Nov 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 11x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (79% average weekly change). Negative equity (-CA$4.1m). Revenue has declined by 91% over the past year. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Revenue is less than US$1m (CA$655k revenue, or US$480k). Market cap is less than US$10m (€3.68m market cap, or US$4.03m). Annonce • Nov 24
Looking Glass Labs Ltd. announced that it has received CAD 1.0005 million in funding On November 23, 2023, Looking Glass Labs Ltd. closed the transaction. The company amended the terms of the transaction and issued 10,005,000 units at a price of CAD 0.10 per unit for the gross proceeds of up to CAD 1,000,500. Reported Earnings • Nov 03
Full year 2023 earnings released: CA$6.79 loss per share (vs CA$9.09 loss in FY 2022) Full year 2023 results: CA$6.79 loss per share. Revenue: CA$655.0k (down 91% from FY 2022). Net loss: CA$12.4m (loss widened 4.0% from FY 2022). Annonce • Oct 18
Looking Glass Labs Ltd. Announces Board Changes Looking Glass Labs Ltd. announces that Lucas Stemshorn-Russell has resigned as a director with immediate effect. The Company wishes to thank Mr. Stemshorn-Russell for his services to the Company and wishes him well with his future endeavors. Following the resignation of Mr. Stemshorn-Russell, the Company announced the appointment of Armita Jalooli to the board of directors effective with immediate effect. Ms. Jalooli is experienced in tokenomics, technical research in the cryptocurrency, blockchain and theoretical particle physics. She was the CEO and co-founder of a start-up that was acquired in less than one year of operation. She holds two master’s degrees from world-class universities, including Business Management from the Schulich School of Business and Computer Engineering from University of Toronto in Ontario. She specialises in the intersection of machine learning and finance and has received multiple top scholarships throughout her education. She advises start-ups with their strategies and business proposals. Board Change • Aug 21
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Member of Strategic Advisory Board Ben Yu is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jun 16
Third quarter 2023 earnings released: CA$0.021 loss per share (vs CA$0.045 loss in 3Q 2022) Third quarter 2023 results: CA$0.021 loss per share (improved from CA$0.045 loss in 3Q 2022). Revenue: CA$344 (down 100% from 3Q 2022). Net loss: CA$2.80m (loss narrowed 46% from 3Q 2022). Annonce • Jun 06
Looking Glass Labs Ltd. Launch of Its Next Version Pocket Dimension Looking Glass Labs Ltd. announced the launch of its next version Pocket Dimension. LGL's Pocket Dimension metaverse is an online virtual space providing their owners and users a virtual space represented by one of eleven different environments including Archipelago, Countryside, Dale, Dunes, Fjord, Marsh, Savanna, Tundra, Woodland, Zen, and Genesis Moon. Each environment represents a unique representation of one of Earth's ecosystems. Users of Pocket Dimension interact with other users through avatars. On November 1, 2022, LGL launched the alpha version of Pocket Dimension, followed by the launch of the beta version on February 21, 2023. The Company has followed up on the previous versions and have launched its public release version of Pocket Dimension. Reported Earnings • Mar 19
Second quarter 2023 earnings released: CA$0.045 loss per share (vs CA$0.045 loss in 2Q 2022) Second quarter 2023 results: CA$0.045 loss per share (in line with 2Q 2022). Net loss: CA$6.05m (loss widened 17% from 2Q 2022). Annonce • Jan 27
Looking Glass Labs Ltd. Announces Change to Board of Directors Looking Glass Labs Ltd. announced that Adam Deffett has resigned from its Board of Directors to pursue other endeavours. The Board thanks Mr. Deffett for his service to the Company during his tenure as an in dependent Director. In his place, LGL announced that James Henning has been appointed as an independent Director to the Board effective immediate. As a Chartered Accountant, Mr. Henning has been the Founder and President of Corpfinance Advisors Inc. since 1984. James is an expert with practical experience in valuating businesses in a broad range of industries and he has assisted companies with financings, public offerings and restructurings. His areas of expertise include the retail cannabis, manufacturing, telecommunications, software, biomedical, oil and gas services as well as renewable energy industries. Mr. Henning has served as a Chief Financial Officer and Director for a number of companies listed on the TSX Venture Exchange and the Canadian Securities Exchange over the past several years. Reported Earnings • Dec 15
First quarter 2023 earnings released First quarter 2023 results: CA$0.019 loss per share. Net loss: CA$2.35m (flat on 1Q 2022). Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Independent Director Adam Deffett is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 02
Full year 2022 earnings released Full year 2022 results: CA$0.12 loss per share. Revenue: CA$7.01m (up CA$6.47m from FY 2021). Net loss: CA$11.9m (down CA$12.0m from profit in FY 2021). Board Change • Jul 31
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. Independent Director Adam Deffett is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.