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Ignite International Brands, Ltd. (the “Company”) today announces that it has entered into a letter agreement dated February 28, 2019 (the “Letter Agreement”) with Ignite International, Ltd. (“Ignite US”) pursuant to which the Company will acquire all the shares of Ignite US (the “Transaction”). The Transaction will constitute a change of business and a reverse take-over under the rules of the Canadian Securities Exchange (the “CSE”). The Company’s shares will be halted from trading on the CSE until the Company has made adequate filings with the CSE in regards to its change of business and completes the Transaction.
VAUGHAN, ON , Jan. 21, 2019 /CNW/ - Ignite International Brands, Ltd. (formerly Green Axis Capital Corp.) (the "Company" or "Ignite") is pleased to announce that it has entered into a binding letter of intent (the "Binding LOI") which, subject to customary closing conditions, will allow Ignite to acquire all of the issued and outstanding common shares in Gen X BioSciences Corp. ("Gen X"), a leading cannabis extraction company. Gen X was built on its scientific approach to extracting cannabis products and uses its proprietary 'Molecular Perfection' system to distil cannabis oil several times until the final product has THC potency of over 90%.
Green Axis Capital Corp. (the “Company”) announces that trade resumption will not take place today and will be extended to January 21, 2019. The Company has appointed Odyssey Trust Company (“Odyssey”) as its new transfer agent. Odyssey was selected as the new transfer agent due to their commitment to, and understanding of, the unique elements of the cannabis market.
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2018) - Green Axis Capital Corp. (the "Company") announces that, further to news releases dated October 12, 2018 and October 31, 2018, the Company announces that the proposed closing date of the share exchange agreement dated September 29, 2018 (the "Agreement") among the Company, Ignite International, Ltd. (formerly Vulcan Enterprises US, Ltd.) and two shareholders thereof has been extended by the parties to a date on or ...
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2018) - Green Axis Capital Corp. (CSE: BILZ) (the "Company") is pleased to announce that on October 30, 2018 it changed its name from ALQ Gold Corp. to Green Axis Capital Corp. and effected a share consolidation on the basis of one post-consolidated common share for every two pre-consolidated common shares. Following the consolidation, the Company has 40,481,229 common shares issued and outstanding. The Company's ...
Owner of Dan Bilzerian's Ignite Brand To Launch In Canada - ALQ to Change its Name to 'Green Axis Capital Corp.' Vancouver, British Columbia--(Newsfile Corp. - October 12, 2018) - ALQ, Vulcan Enterprises US, Ltd. (CSE: ALQ) ("Vulcan") and two of Vulcan's shareholders (the "Vulcan Shareholders") entered into a share exchange agreement (the "Share Exchange Agreement"), whereby ALQ agreed to issue 50,700,890 common shares on a post-consolidated basis (the "Payment Shares") to the Vulcan Shareholders in ...