CDCLF CANADA COAL INC

Canada Coal Terminates Proposed Business Combination With Mijem Inc.

Canada Coal Terminates Proposed Business Combination With Mijem Inc.

VANCOUVER, British Columbia, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Canada Coal Inc. (the “Company” or “Canada Coal”), (TSX-V: CCK.H) announces that it has terminated its proposed business combination with Mijem Inc. (“Mijem”) first announced on November 20th, 2019. Despite having received shareholder approval to the proposed transaction with Mijem at an annual and special meeting of Canada Coal’s shareholders held on February 7th, 2020, regrettably Mijem was not able to raise the required $1.85 million minimum in concurrent financing required to complete the business combination.

The Company will now pursue other business opportunities.

On behalf of the Board of Directors

 “R. Bruce Duncan”

President and Chief Executive Officer

Phone: 1-905-813-8408

Website: E-mail: 

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

EN
18/02/2020

Underlying

CDCLFCANADA COAL INC

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on CANADA COAL INC

 PRESS RELEASE
Free
CDCLF CANADA COAL INC

Ayurcann Holdings Corp. Announces Completion of Reverse Takeover

Toronto, Ontario--(Newsfile Corp. - March 26, 2021) -  Ayurcann Holdings Corp. (formerly, Canada Coal Inc.) ("Ayurcann" or the "Company") is pleased to announce that, further to its press releases dated November 25, 2020 and March 19, 2021, the Company has closed its previously announced three-cornered amalgamation with Ayurcann Inc. ("Ayurcann Private") and 12487772 Canada Inc. ("124 Canada"), a wholly owned subsidiary of the Company (the "Transaction").The TransactionPrior to closing the Transaction, the Company consolidated its issued and outstanding common shares on the basis of one (1) po...

March 26, 2021 1 EN
 PRESS RELEASE
Free
CDCLF CANADA COAL INC

Canada Coal Announces Conditional CSE Listing Approval and TSXV Delist...

Canada Coal Announces Conditional CSE Listing Approval and TSXV Delisting in Connection With Business Combination With Ayurcann THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, March 19, 2021 (GLOBE NEWSWIRE) -- Canada Coal Inc. (“Canada Coal” or the “Company”) (TSXV: CCK.H) is pleased to announce that, in connection with its previously announced business combination (the “Transaction”) with Ayurcann Inc. (“Ayurcann”), the resulting issuer that will be form...

March 19, 2021 1 EN
 PRESS RELEASE
Free
CDCLF CANADA COAL INC

Canada Coal Announces Ayurcann Receipt of Amendment to Standard Proces...

Canada Coal Announces Ayurcann Receipt of Amendment to Standard Processing Licence to Allow for Sales THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Canada Coal Inc. (“Canada Coal” or the “Company”) (TSXV: CCK.H) is pleased to announce that Ayurcann Inc. d.b.a XTRX Solutions Inc. (“Ayurcann”) has obtained an amendment to its standard processing licence (the “Amended Licence”) from Health Canada which allows Ayurcann to se...

January 20, 2021 1 EN
 PRESS RELEASE
Free
CDCLF CANADA COAL INC

Canada Coal Announces Execution of Business Combination Agreement with...

Toronto, Ontario--(Newsfile Corp. - November 25, 2020) -  Canada Coal Inc. (TSXV: CCK.H) ("Canada Coal" or the "Company") is pleased to announce that it has entered into a definitive business combination agreement (the "Combination Agreement") dated November 24, 2020 with Ayurcann Inc. ("Ayurcann") which, subject to certain conditions and applicable shareholder and regulatory approvals, will result in a reverse takeover of Canada Coal (the "Proposed Transaction"). It is currently anticipated that the Proposed Transaction will be effected by way of a three-cornered amalgamation involving Ayurca...

November 25, 2020 1 EN
 PRESS RELEASE
Free
CDCLF CANADA COAL INC

Death of R. Bruce Duncan, Canada Coal Inc.’s Chief Executive Officer

Death of R. Bruce Duncan, Canada Coal Inc.’s Chief Executive Officer MISSISSAUGA, Ontario, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Canada Coal Inc. (the “Company”) (NEX: CCK): It is with profound sadness that the management and Board of Directors of the Company shares the news that its Chief Executive Officer, R. Bruce Duncan, passed away suddenly on Thursday, November 12, 2020. The Board of the Company states that “we are deeply shocked and saddened by Bruce’s passing and our thoughts and deepest condolences are extended to Bruce’s family and friends.” With this development, the Board has a...

November 16, 2020 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch