World Class and Quadron Announce Approval of Quadron Shareholders to Plan of Arrangement

Toronto, Ontario–(June 10, 2019) – World Class Extractions Inc. (CSE: PUMP) (“World Class“) and Quadron Cannatech Corporation (“Quadron“) (CSE: QCC) are pleased to announce that, at the special meeting of the shareholders of Quadron held on June 7, 2019 (the “Meeting“), the shareholders of Quadron voted in favour of a special resolution to approve the proposed transaction, pursuant to which, among other things, World Class will acquire all of the issued and outstanding shares of Quadron, by way of a court-approved plan of arrangement (the “Arrangement“) as previously announced on April 16, 2019.
 
The Arrangement required approval by (i) at least two-thirds of the votes cast by holders (“Quadron Shareholders“) of common shares in the capital of Quadron (“Quadron Shares“) present in person or by proxy at the Meeting, and (ii) a majority of the votes cast excluding the votes of Quadron Shares held or controlled by “interested parties” as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. At the Meeting, the Arrangement was approved by (i) 99.97% of the votes cast by all of the Quadron Shareholders eligible to vote at the Meeting, and (ii) 99.96% of the votes cast by all of the Quadron Shareholders eligible to vote at the Meeting excluding votes of Quadron Shares held or controlled by interested parties. Approximately 37% of the total issued and outstandring Quadron Shares were voted in person or proxy at the Meeting.
Read more: World Class Extractions ( PUMP )

Cannabix Technologies Makes Advances with Marijuana Breathalyzer Development and Renews Research with Yost Group

VANCOUVER, British Columbia, May 29, 2019 -- Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (the “Company or Cannabix”) developer of the Cannabix Marijuana Breathalyzer for law enforcement and the workplace, is pleased to report that Company engineers have made a significant breakthrough with the ionization module which is a vital component of the breathalyzer device, where breath samples are ionized prior to entrance into the FAIMS cell. New ion focussing techniques have resulted in a 30% increase in ion current and transmission/signal strength in testing, further increasing instrument sensitivity. The Company also reports that it has been steadily progressing with human breath testing at its Vancouver, BC, based lab with its FAIMS (field asymmetric waveform ion mobility spectrometry) ∆9-tetrahydrocannabinol (“THC”) detection device and breath collection unit (“BCU”). Testing and refinement of the BCU over the last 30 days has led to upgrades in flow and CO2 sensor components as well as refinements in breath analysis from various users. Furthermore, engineers are developing an improved detector component for the system and a smaller footprint for the ionization chamber. These upgrades are being made in preparation for a design freeze of the prototype and multi device creation for additional testing. The Company is also preparing new marketing materials of its device for potential pilot users.
Read more: Cannabix Technologies ( BLO )

FSD Pharma, Solarvest to develop CBDs out of algae

See News Release (C-HUGE) FSD Pharma Inc
 
PHARMA GRADE PROCESS COULD REDUCE THE PRODUCTION TIME FOR TARGETED CANNABINOID MOLECULE(S)
 
FSD Pharma Inc. (CSE: HUGE) (OTC: FSDDF) (“FSD Pharma”) and Solarvest BioEnergy Inc. (TSX-V: SVS) (“Solarvest”) (collectively, the “Parties”), a technology company which has developed an algal-based flexible production platform capable of producing health products, are pleased to announce that they have signed a non-binding letter of intent (“LOI”). The parties intend to enter into a definitive agreement (the “Collaborative Research Agreement”), under which Solarvest would conduct research using its algal expression technology to develop pharma-grade cannabinoids (the “Project Cannabinoids”), the Parties would make mutual investments into one another, and Solarvest would grant FSD Pharma an exclusive license over a subset of the Project Cannabinoids and certain royalty rights over all of the other Project Cannabinoids.
Read more: Solarvest BioEnergy ( SVS )

Cannabix Technologies Completes Breath Collection Unit and Provides Update

VANCOUVER, British Columbia, Jan. 28, 2019  -- Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (the “Company or Cannabix”) developer of the Cannabix Marijuana Breathalyzer for law enforcement and the workplace, is pleased report that it has received an initial version of its portable handheld device that will provide for easy collection of breath samples at the point of care. In collaboration with Company scientists, MistyWest Engineering of Vancouver was engaged to develop a breath collection unit (“BCU”) in late November, that would interface directly with the innovative FAIMS (field asymmetric waveform ion mobility spectrometry) based instrument for the detection of THC in human breath that Cannabix is developing. The BCU is a proprietary device that will make it easier to collect key physiologic breath sample data under different environmental conditions to determine the effects of such parameters on a ∆9-tetrahydrocannabinol (“THC”) breath sample.  BCU components were machined and assembled over the course of December and January and MistyWest has delivered an initial version of the BCU. Images of the Cannabix BCU can be seen at the Company’s website at cannabixtechnologies.com
Read more: Cannabix Technologies ( BLO )

Kalytera Reports Second Quarter 2018 Financial Results

SAN FRANCISCO and TEL AVIV, Israel, Aug. 30, 2018  -- Kalytera Therapeutics, Inc. (TSX VENTURE: KALY and OTCQB: KALTF) (the "Company" or "Kalytera") today reported financial results for the second quarter of 2018. (All dollars U.S. unless otherwise noted.)
The Company recorded net income of approximately $5.9 million ($0.04 per Common Share) in the second quarter of 2018, compared with a net loss of approximately $1.9 million ($0.01 per Common Share) in the second quarter of 2017. The Company’s net income in the second quarter was primarily attributable to an increase of approximately $8.9 million in financial income in connection with convertible equity and debt instruments previously issued to investors, offset by an increase in research and development expenditures of approximately $1.3 million.
 
 Kalytera Reports Second Quarter 2018 Financial Results
 
SAN FRANCISCO and TEL AVIV, Israel, Aug. 30, 2018 (GLOBE NEWSWIRE) -- Kalytera Therapeutics, Inc. (TSX VENTURE: KALY and OTCQB: KALTF) (the "Company" or "Kalytera") today reported financial results for the second quarter of 2018. (All dollars U.S. unless otherwise noted.)
Read more: Kalytera Therapeutics Inc ( KALY )

Videos / Webinars

View all videos