TORONTO, March 01, 2021 (GLOBE NEWSWIRE) SILO WELLNESS INC. (formerly Yukoterre Resources Inc.) (“
Silo Wellness”) (CSE:SILO) is pleased to announce that it has successfully completed its reverse take-over transaction (the “
RTO”) with FlyOverture Equity Inc. (“
FlyOverture”). The common shares of Silo Wellness (the “
Resulting Issuer Shares”) will commence trading under the new ticker symbol “SILO” after the CSE issues its final exchange bulletin confirming the completion of the RTO. The Resulting Issuer Shares are anticipated to commence trading this week.
Pursuant to the RTO, Silo Wellness indirectly acquired, through an amalgamation with its wholly owned subsidiary, all of the issued and outstanding securities of FlyOverture in exchange for common shares of Silo Wellness (the “