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Company or Ikänik Farms ) is pleased to announce that it has set has set USD$1.021 as the exercise price (the Issue Price ) for the issuance of 29,394,474 subordinate voting shares of the Company (the Shares ) for gross proceeds of USD$30,000,000 pursuant to the terms of the subscription agreement dated March 8, 2021 (the Subscription Agreement ), entered into between Global Garden Private Equity I, S.A.R.L. ( Global Garden ) and a predecessor of the Company prior to completion of its reverse take-over transaction completed on March 30, 2021. The Issue Price was determined pursuant to the Subscription Agreement, being 90% of the volume weighted average price per Share of the Company s Shares trading on the Canadian Securities Exchange during the most recent (10) consecutive trading days. The Company anticipates the issuance of the Shares will be completed on or about May 10, 2021. ....
Ikänik Farms Triggers $30 Million Self-Directed, Non-Brokered Private Placement with European Private Equity Group prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Ikänik Farms Registers and Commercializes 6 CBD Products Eligible for Sale in Colombia, Ecuador, Bolivia & Peru News provided by Share this article Company or Ikänik Farms ) is pleased to announce that its wholly owned, Colombian subsidiary Pideka SAS ( Pideka ), has completed the registration and commercialization process of six cannabis-based cosmetic products through the National Institute of Drug and Food Surveillance (INVIMA), the governing body in Colombia responsible new product registrations. We are excited to open the door to multiple countries concurrent with our product registrations and look forward to better serving the Latin American markets in the near future. said Brian Baca, CEO of Ikänik Farms. ....
Press release content from PR Newswire. The AP news staff was not involved in its creation. Ikänik Farms to Commence Trading on German Börse-Frankfurt Exchange April 21, 2021 GMT Ikanik Farms Inc. (CNW Group/Ikanik Farms Inc.) CORONA, Calif., April 21, 2021 /PRNewswire/ - Ikänik Farms, Inc. (CSE: IKNK.U) (FSE: DFMA) (the “Company” or “Ikänik”) is pleased to announce the Company has received approval from the Börse-Frankfurt Exchange (the “Börse-Frankfurt”) for its subordinate voting shares to commence trading under the symbol “DFMA”, beginning April 21, 2021. “We are excited to expand our exchange offering into the European market, providing broader access for our investor base.” said Brian Baca, CEO of Ikänik Farms. ....
Ikänik Farms Registers and Commercializes 16 Additional Cultivares From its Colombian Phytosanitary Seed Bank News provided by Share this article Company or Ikänik Farms ) is pleased to announce that its wholly owned, Colombian subsidiary Pideka SAS ( Pideka ), has completed the registration and commercialization process, introducing 16 new cultivars for commercial sale, many of which have a THC content over 20%. The new strains will be eligible for sale immediately and will be added to its production quota recently issued from the Colombian government to produce psychoactive cannabis for the 2021, fiscal year. We are excited to broaden our cultivar base offering, and provide options to national and international clients, interested in psychoactive and non-psychoactive material from the Colombian market, with California led quality. said Brian Baca, CEO of Ikänik Farms. ....