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The Ontario Superior Court has ordered the seizure of assets belonging to the Tree of Knowledge International US, a subsidiary of TOKI Canada, which is cross-listed on the Jamaica Stock Exchange. The order comes in respect of an ongoing dispute between Canada-based research centre Chu de Québec – Université Laval and TOKI’s US subsidiary. On August 6, 2020, Chu de Québec – Université Laval filed a claim against the Defendants in the Ontario Superior Court alleging, inter alia, breach of contract related to a contract arranged by TOKI’s US subsidiary. The contract in dispute is wit...

Tree of Knowledge International Corp.: Tree of Knowledge Announces Mareva Injunction in Ongoing PPE Dispute TOKI" or the " Company") announces that, with respect to the ongoing dispute as between Chu de Québec - Université Laval (the " Plaintiff"), TOKI, TOKI's US subsidiary, Tree of Knowledge, Inc. (" TOKI US") and certain third parties (collectively, the " Defendants"), the Ontario Superior Court has ordered a Mareva injunction with respect to the assets and operations of the Defendants. As disclosed in the financial statements of TOKI, on August 6, 2020 a statement of claim was filed by ...