공시 • Sep 13
BZAM to be Delisted from The Canadian Securities Exchange The securities of BZAM Ltd. will be delisted from the CSE (Canadian Securities Exchange) at market close on September 11, 2024. BZAM Ltd. is currently suspended. 공시 • Dec 06
BZAM Ltd. (CNSX:BZAM) entered into a definitive share exchange agreement to acquire Final Bell Canada Inc. from Final Bell Holdings International Ltd. approximately CAD 13.5 million. BZAM Ltd. (CNSX:BZAM) entered into a definitive share exchange agreement to acquire Final Bell Canada Inc. from Final Bell Holdings International Ltd. for approximately CAD 13.5 million on December 5, 2023. Under the terms of the Agreement FBHI will receive 90 million common shares of BZAM at a deemed price of CAD 0.15 per share, representing approximately one-third of the issued and outstanding shares of BZAM.
BZAM will also enter into a supply agreement under which FBHI’s wholly owned subsidiary,14th Round Inc., will continue to provide industry leading child-resistant packaging, high-tech vaporization hardware, and pre-roll cones to BZAM. As part of the Transaction, Greg Boone will join BZAM as President and Jennifer Maccarone will join as VP of Operations. FBC’s Chief Legal Officer Christy Zhou will assume the same role at BZAM, and Lana MacKenzie will also take on a senior role within BZAM. Matt Milich will remain as CEO of BZAM. In addition, FBHI will be entitled to appoint a new member to BZAM’s board of directors. Further to the Transaction, the combined Company will be the Canadian home of some of the most recognizable international brands in the cannabis industry. In accordance with the terms of the Agreement, FBHI will enter into a contractual lock-up agreement, whereby the BZAM Shares received at Closing shall be subject to a lock-up, with 1/3 of being released on the 4-month, 8-month, and 12-month anniversaries of the date such shares are issued. As part of the Transaction, FBC will retain a promissory note issued to FBHI in the amount of $4 million, bearing zero percent interest, maturing March 31, 2025, and subordinate to BZAM's current credit facility.
Clarus Securities Inc. acted as a exclusive financial advisor to BZAM. Transaction is subject to customary closing conditions and is anticipated to close on or about December 18, 2023. 공시 • Oct 31
BZAM Ltd. announced that it expects to receive CAD 3 million in funding BZAM Ltd. announced a private placement to issue a loan secured promissory notes from the Chairman and largest shareholder of the Company of up to CAD 3 million on October 30, 2023. The Loan will bear interest at a rate of prime plus 8% per annum and mature no earlier than April 1, 2025.
On the same date, the company announced that it has issued 1.19 million in first tranche. 공시 • Oct 05
BZAM Ltd. announced that it expects to receive CAD 2 million in funding BZAM Ltd. announced that it has entered into an engagement letter with Clarus Securities Inc in best efforts basis and. to issue 15,384,615 units at an issue price of CAD 0.13 per unit for the gross proceeds of CAD 1,999,999.95 led by chairman on October 3, 2023. Each Unit will consist of one common share and one Share purchase warrant with each Warrant entitling the holder thereof to acquire one Share at an exercise price of CAD 0.18 per Warrant Share for a period of three years from the Closing Date. the Agent may offer up to a maximum of 21,153,846 Units for aggregate gross proceeds of approximately CAD 2,750,000 and the Company has granted the Agent an option, exercisable in whole or in part, to purchase up to an additional 3,173,076 Units for a period of 30 days from and including the Closing Date to cover over-allotments, if any, and for market stabilization purposes. The Agent shall be under no obligation whatsoever to exercise the Over-Allotment Option in whole or in part. If the Over-Allotment Option is exercised in full, the aggregate gross proceeds of the Offering will be approximately CAD 3,162,500. The Offering is expected to close on or about October 12, 2023, or such other date as may be agreed upon by the Company and the Agent and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange. The transaction may include participation from certain insiders. 공시 • Sep 21
BZAM Ltd. Provides Revenue Guidance for the Third Quarter of 2023 BZAM Ltd. provided revenue guidance for the third quarter of 2023. The company anticipated third quarter net revenue of at least $20.3 million, a 5% increase vs. the prior quarter. 공시 • Aug 19
BZAM Ltd. to Report Q2, 2023 Results on Aug 24, 2023 BZAM Ltd. announced that they will report Q2, 2023 results Pre-Market on Aug 24, 2023 공시 • Aug 12
BZAM Ltd. (CNSX:BZAM) completed the acquisition of additional 30.52% stake of BZAM Holdings, Inc. from certain minority shareholders for CAD 0.1 million. BZAM Ltd. (CNSX:BZAM) agreed to acquire additional 13.6% stake of BZAM Holdings, Inc. from certain minority shareholders for CAD 0.05 million on July 13, 2023. As part of the consideration, the buyer issued 0.24 million of common shares in exchange of 0.12 million of target's Class A shares.
BZAM Ltd. (CNSX:BZAM) completed the acquisition of additional 30.52% stake of BZAM Holdings, Inc. from certain minority shareholders for CAD 0.1 million on August 10, 2023. As consideration for the Share Purchase, the Company: (i) issued an aggregate of 475,000 common shares of the Company (the "Common Shares") to certain BCC shareholders at a price of between CAD 0.18 and CAD 0.23 per Common Share; and (ii) paid an aggregate of CAD 0.015 million to other BCC shareholders who did not receive Common Shares. The closing of the Share Purchase has resulted in the Company owning 88.2% of BCC, which is a 30.5% increase of the Company's existing ownership stake of BCC. 공시 • Aug 11
An unknown buyer completed the acquisition of Maple Ridge Facility of BZAM Ltd. An unknown buyer entered into a conditionally sale to acquire Maple Ridge Facility of BZAM Ltd. for CAD 4 million on April 7, 2023. The consideration of CAD 4 million is payable 25% in May 2023 and 75% to be paid within one year. BZAM Ltd. had held Maple Ridge Facility for sale as at December 31, 2022. The sale has not closed as the conditions are still to be satisfied. As of May 31, 2023, the transaction is expected to be completed within the next 12 months. An unknown buyer completed the acquisition of Maple Ridge Facility of BZAM Ltd. on August 9, 2023. In accordance with two purchase and sale agreements between BZAM Ltd and arms-length parties dated on August 1and 4, 2023, total gross proceeds received from the transaction were CAD 3.228 million with 50% of the total net proceeds from the Transaction, after commission and costs. BZAM Ltd completed the sale of the majority of its assets in both its Midway properties in B.C, including all associated lands, support buildings, related equipment and on-site biomass. 공시 • Jul 06
An unknown third party acquired Galaxie Brands Corp. from BZAM Ltd. (CNSX:BZAM) for CAD 0.56 million. An unknown third party acquired Galaxie Brands Corp. from BZAM Ltd. (CNSX:BZAM) for CAD 0.56 million on July 4, 2023. BZAM sold all of the issued and outstanding shares in the capital of Galaxie to a third party for CAD 556,522 less usual post closing adjustments.
An unknown third party completed the acquisition of Galaxie Brands Corp. from BZAM Ltd. (CNSX:BZAM) on July 4, 2023. 공시 • May 26
BZAM Ltd. to Report Q1, 2023 Results on May 30, 2023 BZAM Ltd. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on May 30, 2023 공시 • May 20
BZAM Ltd. announced that it expects to receive CAD 5 million in funding BZAM Ltd. announced a a non-brokered private placement of up to approximately 22,222,223 units at an issue price of CAD 0.225 per unit for gross proceeds of CAD 5,000,000 on May 19, 2023. Each Unit will consist of one common share and one Share purchase warrant. Each Warrant entitling the holder thereof to acquire one Share at an exercise price of CAD 0.40 per warrant share for a period of three years from the Closing Date. The transaction is subject to regulatory and CSE approvals. The securities issued will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities legislation. The transaction is expected to close on May 31, 2023. 공시 • May 12
The Green Organic Dutchman Ltd. Receives EU GMP Certification Approval The Green Organic Dutchman Ltd. has received EU GMP certification for the Company's facility located in Ancaster, Ontario. This certification permits the Company to export certain medicinal cannabis products to numerous global markets. The certification is valid for a three-year period from inspection, with a renewal date of August 31, 2025. This certification allows BZAM to execute on existing strategic distribution partnerships which have already been established, including partnerships in Germany and the UK. With regard to the UK, the Company anticipates launching multiple strains under The Green Organic Dutchman brand in Fourth Quarter 2023. With Germany's recent moves toward legalising cannabis for recreational use, BZAM is now well positioned to benefit from regulatory changes as they unfold. The Company expects to see a positive impact on revenue from international sales resulting from EU GMP certification by fourth quarter 2023, if not sooner. 공시 • Jan 26
The Green Organic Dutchman Holdings Ltd. Appoints Bassam Alghanim as Chairman of the Board The Green Organic Dutchman Holdings Ltd. announced that Mr. Bassam Alghanim has been appointed Chairman of the Board, effective as at January 24, 2023. Mr. Alghanim brings extensive knowledge and experience to this position, having enjoyed a highly rewarding and successful career as an investor, businessman, and banker spanning four decades. 공시 • Jan 05
The Green Organic Dutchman Holdings Ltd. Announces Departure of Michel Gagné as Chief Operating Officer, Effective January 31, 2023 The Green Organic Dutchman Holdings Ltd. announced the departure of Mr. Michel Gagné from his position as Chief Operating Officer of the Company, effective as at January 31, 2023.