10:18:46 EDT Sat 17 Aug 2019
Enter Symbol
or Name

Shell Summary
Symbol C : *MKTSHEL
Recent Sedar Documents

Shell Summary for April 12, 2019

2019-04-12 20:32 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

The TSX Venture Exchange closed up 1.23 points to 625.64 Friday, but it ended the week down 4.17 points. Kyle Shostak's first capital pool shell, Navigator Acquisition Corp. (NAQ: halted), plans to acquire FCM Global SAS for the shell's qualifying transaction. FCM Global is a Colombian company with a licence to produce and export medical marijuana oil and other extracts. The QT terms are not yet available, except the shell will roll back 1 for 2, leaving it with 8,465,000 shares issued.

FCM Global has a 235,800-square-foot production facility in La Ceja, near Medellin. It hopes to build a second facility on a 450-hectare property in Natagaima, about eight hours south of La Ceja by car. It is likely that FCM Global does not yet have sales. As of late November, it was still in the "final stage" of completing its extraction lab at the La Ceja facility. In any case, the company's financials should become available to investors as part of Navigator's QT filing statement.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2019 Canjex Publishing Ltd. All rights reserved.

Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.