RE:No material change? WTF!!!! No Material Change????
May 26, 2017 07:00 ET
Beleave Provides Corporate Update and Outlook After Receiving License to Cultivate Cannabis
https://www.marketwired.com/press-release/beleave-provides-corporate-update-outlook-after-receiving-license-cultivate-cannabis-cse-be-2218692.htm
Agreement with Cannabis Wheaton
As previously announced, Beleave signed an agreement with Cannabis Wheaton Income Corp., a cannabis streaming company, to finance the purchase and construction of a second production facility in exchange for equity participation in a joint venture corporation and a production yield allocation of the new proposed site.
The new facility will be in Ontario, and will be designed to accommodate 200,000 square feet of cultivation space. The agreement remains subject to a number of conditions including availability of financing on the part of Cannabis Wheaton, receipt by Beleave of applicable Health Canada and other regulatory approvals, due diligence by the parties, execution of a definitive agreement and the ability of the parties to agree on future construction budgets and timelines.
....
Cannabis Wheaton Income Corp. (TSX VENTURE:CBW) ("Cannabis Wheaton" or the "Company") wishes to announce the termination of its previous engagement letter (the "Engagement Letter") with Eight Capital and Canaccord Genuity Corp. (the "Co-Lead Agents"), in connection with its previously announced best efforts private placement of "Special Warrants" and "Convertible Debenture Units". The Company and the Co-Lead Agents have mutually agreed to terminate the Engagement Letter.
https://www.marketwired.com/press-release/cannabis-wheaton-provides-update-on-private-placement-and-related-matters-tsx-venture-cbw-2220007.htm TinToronto wrote:
Beleave Inc.: No Material Change TORONTO, ON --(Marketwired - June 05, 2017) - Beleave Inc. (CSE: BE) (CSE: BE.CN) (CNSX: BE) ("Beleave" or the "Company"), at the request of the Investment Industry Regulatory Organization of Canada ("IRROC"), wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent share price depreciation.
Consistent with the Company's press release dated May 26th, 2017 the Company continues to move forward with all aspects outlined in its above corporate update. Beleave remains committed to being at the forefront of cutting edge collaborative research initiatives and is excited about its ability to commence its first cultivation cycle.
About Beleave
Beleave Inc. is a biotech company and Beleave's wholly-owned subsidiary First Access Medical Inc. ("FAM") is a licensed producer pursuant to the ACMPR. Beleave's purpose-built facility is in Hamilton, Ontario.
Forward - Looking Statements
This news release contains forward-looking information. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking information. Although the Company believes that the expectations and assumptions on which the forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. These risks and uncertainties include, but are not limited to, the Company's ability to satisfy the conditions associated with its cultivation license, the Company's ability to obtain a sales license and the related timing considerations, receiving regulatory approvals in connection with its proposed expansion, the availability of further financing, consumer interest in its products, competition, regulation, operational and technological risks, and anticipated and unanticipated costs and delays. Since forward-looking information addresses future events and conditions, by its very nature it involves inherent risks and uncertainties. This information speaks only as of the date of this news release. Actual results could differ materially from those currently anticipated due to several factors and risks including various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on www.sedar.com.
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Read more at https://www.stockhouse.com/news/press-releases/2017/06/05/beleave-inc-no-material-change#HFC00RW0FTOKvyuc.99