KWC/H Knowlton Capital

Elixxer Ltd. Closes $4 Million Secured Loan

Elixxer Ltd. Closes $4 Million Secured Loan
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07/10/2020

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Elixxer Ltd. Announces Amendment to Proposed Debt Settlement Transacti...

Elixxer Ltd. Announces Amendment to Proposed Debt Settlement Transactions MONTRÉAL, March 09, 2021 (GLOBE NEWSWIRE) -- Elixxer Ltd. (the “Corporation” or “Elixxer”) (TSX-V: ELXR and OTC-QB: ELIXF) wishes to announce that, in light of current market uncertainty and the further deterioration in the Corporation’s share price, the Corporation’s principal secured lender has requested that the debt settlement transactions announced on March 2, 2021 be effected at a price of $0.015 per share as opposed to the previously disclosed price of $0.02 per share. As a result of this amendment, $3,656,3...

March 9, 2021 1 EN
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Elixxer Ltd. Announces Revised Debt Settlement Transactions

Elixxer Ltd. Announces Revised Debt Settlement Transactions MONTRÉAL, March 02, 2021 (GLOBE NEWSWIRE) -- Elixxer Ltd. (the “Corporation” or “Elixxer”) (TSX-V: ELXR and OTC-QB: ELIXF) announces revised terms of its proposed debt settlement transactions. The Corporation proposes to settle a total of $8,568,333 of debt owed by the Corporation through the issuance of securities. The debt to be settled includes $3,964,826, including interest and fees, owed to AIP Convertible Private Debt Fund LP (“AIP”) pursuant to a loan agreement dated November 8, 2019 (the “AIP Debt”). The Corporation prop...

March 2, 2021 1 EN
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Elixxer Ltd. Provides Corporate Update

Elixxer Ltd. Provides Corporate Update MONTRÉAL, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Elixxer Ltd. (TSX-V: ELXR) (OTC-QB: ELIXF) (FRA: 2LQA) (“Elixxer” or (the “Company”) wishes to announce that it has been in discussions with YA II PN, Ltd. and Riverfort Global Opportunities PLC (the “Lenders”) over claims that Elixxer is in default under the terms of its previously announced convertible loan agreement with the Lenders (see press release dated March 17, 2020). Negotiations towards arriving at a resolution are ongoing; however, if such negotiations prove to be unsuccessful, it may result in ...

February 26, 2021 1 EN
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Little Green Pharma selected to supply France’s medical cannabis pilot...

Little Green Pharma selected to supply France’s medical cannabis pilot program MONTRÉAL, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Elixxer Ltd. (TSX-V: ELXR) (OTC-QB: ELIXF) (FRA: 2LQA) (“Elixxer” or the “company”) is pleased to share the latest achievements of its largest holding Little Green Pharma Ltd. (LGP). LGP has achieved the following major milestone validating our investment: The French Agency for the Safety of Medicines and Health Products (ANSM) has selected Little Green Pharma as 1 of 4 companies that will supply France’s medical cannabis pilot program. Under the program, participant...

January 27, 2021 1 EN
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Elixxer Ltd. Announces Change in CEO

Elixxer Ltd. Announces Change in CEO MONTRÉAL, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Elixxer Ltd. (TSX-V: ELXR) (OTC-QB: ELIXF) (FRA: 2LQA) (“Elixxer” or (the “Company) announces that, effective immediately, Mazen Haddad has ceased to be the Company’s Chief Executive Officer. Mr. Haddad continues to serve as a non-executive director of the Company. The Board of Directors has named Mr. Ferras Zalt, the Company’s Chairman, to serve as the Interim Chief Executive Officer of Elixxer. About Elixxer Ltd. () Elixxer is a Canadian public company listed on the TSX Venture Exchange (TSX-V: ELXR) and...

January 25, 2021 1 EN

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