Calgary, Alberta--(Newsfile Corp. - May 29, 2020) - Lifestyle Global Brands Limited (TSXV: GBE.V) ("Lifestyle Global" or the "Company") is pleased to announce it has accepted CAD$260,000 in cash, the assumption of liabilities related to legal fees of the Company incurred in relation to the MOU (as defined herein), listing and related matters, and US$1,000,000 of common shares in Elegance Brands, Inc. ("Elegance") at a deemed price of US$0.50 per share, as consideration for entering into a termination and mutual release agreement with Elegance dated effective May 14, 2020 which terminated the ...
Calgary, Alberta--(Newsfile Corp. - September 13, 2019) - Lifestyle Global Brands Limited (TSXV: GBE) ("Lifestyle Global" or the "Company") ("LGBL") is pleased to announce that it has entered into a binding memorandum of understanding with Elegance Spirits, Inc. ("Elegance"), dated September 13, 2019 (the "MOU"). Elegance is a Delaware C-Corporation and a beverage company focused on innovating, branding and selling a range of beverages globally. Following the previously-announced business combination between CannHealth Group Limited ("CannHealth") and Lifestyle Global (the "CannHealth Transact...
Calgary, Alberta--(Newsfile Corp. - September 9, 2019) - Lifestyle Global Brands Limited (TSXV: GBE.V) ("Lifestyle Global" or the "Company") ("LGBL"), Lifestyle Global Brands Corp. ("LGBC") and CannHeath Group Limited ("CannHealth") announce that they have terminated the engagement letter with Richardson GMP Limited with respect to the previously announced proposed brokered private placement of subscription receipt of LGBC ("Subscription Receipts"). Instead, Lifestyle Global, LGBC and CannHealth are pleased to announce that the private placement for Subscription Receipts will be conducted on...
Calgary, Alberta--(Newsfile Corp. - May 24, 2019) - Further to its May 8, 2019, news release, Lifestyle Global Brands Limited (TSXV: GBE) ("Lifestyle Global" or the "Company") and CannHeath Group Limited ("CannHealth"), are pleased to announce that they have entered into an engagement letter (the "Engagement Letter") with Richardson GMP Limited ("RGMP") and Lifestyle Global Brands Corp. ("LGBC"), in connection with a brokered private placement of subscription receipt of LGBC ("Subscription Receipts") at a price of $1.00 per Subscription Receipt (the "Private Placement"). Pursuant to the Priva...
Calgary, Alberta--(Newsfile Corp. - May 8, 2019) - Further to its October 31, 2018, news release, Lifestyle Global Brands Limited (TSXV: GBE) ("Lifestyle Global" or the "Company") and CannHeath Group Limited ("CannHealth"), are pleased to announce that they have entered into share purchase agreement dated April 18, 2019 (the "Share Purchase Agreement") pursuant to which Lifestyle Global will acquire all of the issued and outstanding ordinary shares of CannHealth (the "Proposed Transaction"). Upon completion of the Proposed Transaction, the issuer resulting from the Proposed Transaction (the "R...
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