Nicholas Samaha Announces Acquisition of Common Shares of
Old Carbeeza”) in exchange for common shares of the Company. The Transaction was completed pursuant to the terms of an amalgamation agreement dated May 30, 2021, pursuant to which 49,245,000 common shares in the capital of the Company (“ Common Shares”) and 9,791,350 common share purchase warrants were issued to former shareholders of Old Carbeeza at a deemed price of $0.40 per Common Share. As a result of the Transaction, Samaha acquired beneficial ownership and control over 7,415,510 Common Shares. The Common Shares were issued in exchange for the securities of Old Carbeeza held by Sa...
Source: globenewswire.com