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Toronto, Ontario--(Newsfile Corp. - May 27, 2019) - Bhang Inc., formerly known as Pele Mountain Resources Inc. (TSXV: GEM) (the "Corporation") announces today that, in connection with the business combination (the "Transaction") between the Corporation and Bhang Corporation, a privately-held Nevada corporation, previously announced in the Corporation's press releases dated June 19, 2018 and November 9, 2018, the Corporation has filed Articles of Amendment effective May 24, 2019, changing its name to BHANG INC. ...
TORONTO , Feb. 12, 2019 /CNW/ - Pele Mountain Resources Inc. (TSXV: GEM) ("Pele" or the "Company") announces that, further to its November 9, 2018 announcement regarding the business combination pursuant to which, among other things, Pele will complete a reverse take-over of Bhang Corporation ("Bhang"), a privately-held Nevada corporation (the "RTO Transaction"), Bhang Canada Inc. ("BCI"), a special purpose vehicle, completed a private placement financing of subscription receipts (the "Subscription Receipts") for gross proceeds of $5,905,010.50 (the "Offering"). Under the Offering, BCI issued an aggregate of 11,810,021 Subscription Receipts at a price of $0.50 per Subscription Receipt for gross proceeds of $5,905,010.50 .
Toronto, Ontario--(Newsfile Corp. - November 9, 2018) - Pele Mountain Resources Inc. (TSXV: GEM) ("Pele" or the "Company") has announced that, further to its previously announced non-binding letter of intent dated June 19, 2018, as amended, it has entered into a definitive agreement (the "Definitive Agreement") with Bhang Corporation ("Bhang"), a privately-held Nevada corporation, to acquire a 100% interest in Bhang via a business combination transaction (the "Transaction"). The Company also announced ...