お知らせ • Apr 24
Leonovus Inc. Appoints Jason Ewart as an Independent Director Leonovus Inc. announce that it has appointed Jason Ewart as an independent director of the Company. He is currently a Director and Communications Lead at The FUTR Corporation, a Director of Denver-based Attorneys Title Guarantee Fund Inc. and Chicago based Real Time Risk Solutions Inc. and a founding Director of Toronto-based Marathon Mortgage Corp. Previously, he served as the co-founder, CEO and COO of the merchant bank Fountain Asset Corporation. He holds an economics degree from McGill University and is the current Chair of the non-profit Northumberland Community Futures Development Corporation. お知らせ • Jan 09
Leonovus Inc. Provides Business Update on Precious Metals Exchange Development Leonovus Inc. provided a business update regarding the development of its institutional-grade precious metals exchange. A Modern Marketplace for Real-World Assets - Leveraging its long-standing expertise in secure data management and blockchain technology, Leonovus is nearing the completion of a digital precious metals exchange. The platform is expected to utilize a permissioned blockchain ledger to facilitate the trading and settlement of physical assets. Each digital token on the platform represents a one-for-one ownership of physical gold or silver ounces, held securely in regulated Canadian custodian vaults. This structure ensures that every transaction is backed by allocated, insured bullion, providing users with a transparent and immutable record of their holdings. The exchange features a high-performance transaction engine designed for rapid settlement. To ensure continuous market depth, the platform is expected to include a user-funded Automated Market Maker (AMM) liquidity pool. This allows for constant pricing and liquidity without the company acting as a counterparty, maintaining a neutral and auditable marketplace. On December 3, 2025 Leonovus terminated the share purchase agreement with Wellfield Technologies Inc. regarding the proposed acquisition of Tradewind Markets Inc. As development by Leonovus of its exchange platform is now substantially complete, the company determined that the acquisition of Tradewind was no longer strategic to the platform's launch. The company is currently engaged in advanced discussions with several strategic partners regarding inventory, liquidity, and final operational components. Leonovus plans to complete necessary financing and proceed with final system testing throughout the winter. Commercial launch is subject to the completion of these milestones and receipt of required regulatory approvals. お知らせ • Dec 04
TradeWind Markets, Inc. cancelled the acquisition of Leonovus Inc. (TSXV:LTV) in a reverse merger transaction. TradeWind Markets, Inc. entered into a definitive agreement to acquire Leonovus Inc. (TSXV:LTV) in a reverse merger transaction on September 5, 2024. Under the terms of the agreement, Leonovus will acquire all of the issued and outstanding common shares in the capital of TradeWind Markets Inc. in exchange for an aggregate of 444,444,444 pre-consolidated common shares in the capital of Leonovus, which will result in a "Reverse Take-Over" of Leonovus. The Resulting Issuer is expected to be owned approximately: (i) 70.6% by Wellfield Technologies Inc. (TSXV:WFLD), the holding company of TradeWind (ii) 21.2% by the holders of Subscription Receipts, (iii) 3.3% by the current holders of Leonovus Shares, and (iv) 4.9% by certain creditors of Leonovus, after giving effect to the RTO and the private placement (assuming the private placement is completed for aggregate gross proceeds of CAD 6,000,000). The Resulting Issuer Shares issuable to Wellfield will be subject to TSXV escrow policies and releasable in tranches over a period of 36 months following the closing of the RTO. In addition, 45% of the Resulting Issuer Shares issuable to Wellfield shall be subject to contractual escrow and releasable in tranches over 24 months following the closing of the RTO. As part of the RTO, and subject to any required shareholder and regulatory approvals, Leonovus will: (i) change its name to "Tradewind Markets Inc." or such other name as determined by the parties; (ii) change its stock exchange ticker symbol; (iii) consolidate the Leonovus Shares on a basis of 11.11 pre-consolidated Leonovus Shares for one new post-consolidated Leonovus Share; (iv) adopt new by-laws and other corporate policies; (v) adopt new security-based compensation arrangements; and (vi) reconstitute the board of directors and management of the Resulting Issuer. Upon completion of the RTO, the current directors and officers of Leonovus will resign and the board of directors of the Resulting Issuer will be comprised of four persons nominated by Wellfield and one person nominated by Leonovus for appointment to the Resulting Issuer Board. Wellfield will nominate the Chief Executive Officer, the Chief Financial Officer and the Chief Operating Officer of the Resulting Issuer for appointment by the Resulting Issuer Board.
Completion of the RTO is subject to several conditions, including, but not limited to, receipt of Leonovus shareholder approval, receipt of TSXV approval, closing of subscription receipts of a wholly-owned subsidiary of Leonovus, and completion of certain upgrades to the TradeWind platform. The respective boards of directors of each of Wellfield and Leonovus, following consultation with their financial and legal advisors, have unanimously approved the Definitive Agreement and the RTO. The RTO is expected to be completed in late November or early December 2024.
As of March 11, 2025, Leonovus outlined the terms upon which it will acquire all of the issued and outstanding common shares in the capital of Tradewind to Leonovus in exchange for an aggregate of 562.5 million pre-consolidated common shares in the capital of Leonovus (corresponding to 36 million Leonovus Shares on a post-consolidation basis). Leonovus will change its name ("Name Change") to "Tradewind Precious Metals Exchange Inc." as the Resulting Issuer.
Bennett Jones Services Limited Partnership is legal counsel to Wellfield and DS Welch Bussières is legal counsel to Leonovus.
TradeWind Markets, Inc. cancelled the acquisition of Leonovus Inc. (TSXV:LTV) in a reverse merger transaction on December 3, 2025. お知らせ • May 22
Leonovus Inc., Annual General Meeting, Jul 02, 2025 Leonovus Inc., Annual General Meeting, Jul 02, 2025. お知らせ • Feb 07
Leonovus Inc., Annual General Meeting, Apr 17, 2025 Leonovus Inc., Annual General Meeting, Apr 17, 2025. お知らせ • Nov 26
Leonovus Inc., Annual General Meeting, Jan 29, 2025 Leonovus Inc., Annual General Meeting, Jan 29, 2025. お知らせ • Sep 07
Leonovus Inc. announced that it expects to receive CAD 6 million in funding Leonovus Inc. announced a private placement of subscription receipts for minimum gross proceeds of CAD 4,000,000 and a maximum of CAD 6,000,000 on September 6, 2024. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Executive Advisor, CTO & Director Dan Willis was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 07
Full year 2022 earnings released: CA$0.15 loss per share (vs CA$0.14 loss in FY 2021) Full year 2022 results: CA$0.15 loss per share (further deteriorated from CA$0.14 loss in FY 2021). Net loss: CA$3.09m (loss widened 20% from FY 2021). お知らせ • Jan 07
Leonovus Inc. Announces Resignation of George Pretli as Chief Financial Officer Leonovus Inc. announced that the company's part-time chief financial officer (the CFO), George Pretli, has resigned. Mr. Pretli came out of retirement in 2019 and joined the company as a part-time CFO and has decided to return to his retirement. Reported Earnings • Nov 18
Third quarter 2022 earnings released: CA$0.02 loss per share (vs CA$0.03 loss in 3Q 2021) Third quarter 2022 results: CA$0.02 loss per share (improved from CA$0.03 loss in 3Q 2021). Net loss: CA$359.0k (loss narrowed 37% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 01
Second quarter 2022 earnings released: CA$0.03 loss per share (vs CA$0.05 loss in 2Q 2021) Second quarter 2022 results: CA$0.03 loss per share (up from CA$0.05 loss in 2Q 2021). Net loss: CA$575.0k (loss narrowed 27% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
Full year 2021 earnings released: CA$0.14 loss per share (vs CA$0.19 loss in FY 2020) Full year 2021 results: CA$0.14 loss per share. Net loss: CA$2.58m (loss widened 43% from FY 2020). Reported Earnings • Nov 27
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: CA$0.03 loss per share (up from CA$0.06 loss in 3Q 2020). Net loss: CA$571.0k (loss widened 12% from 3Q 2020). Revenue was in line with analyst estimates. Reported Earnings • May 20
First quarter 2021 earnings released: CA$0.042 loss per share (vs CA$0.072 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CA$78.0k (up 15% from 1Q 2020). Net loss: CA$615.0k (loss narrowed 9.6% from 1Q 2020). Is New 90 Day High Low • Jan 07
New 90-day high: €0.60 The company is up 20,067% from its price of €0.003 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 17% over the same period.