03:34:45 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Chemesis International Inc (2)
Symbol CSI
Shares Issued 34,620,824
Close 2020-07-10 C$ 0.91
Market Cap C$ 31,504,950
Recent Sedar Documents

ORIGINAL: Chemesis Int'l files SEC form for $20M (U.S.) offering

2020-07-13 08:59 ET - News Release

Received by email:

File: '\\doc\emailin\20200713 054718 Attachment News Release - Preliminary Filing of Form 1-A Reg A Offering-2.docx'









Chemesis International Inc. Announces Filing of a Preliminary Form 1-A Regulation A, Tier 2 Offering Statement under t
--->he U.S. Securities Act
July 13, 2020
Vancouver, BC - Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) (the "Company" or "Chemesis") is pleas
--->ed to announce that, on May 19, 2020, it filed a preliminary Form 1-A Regulation A, Tier 2, Offering Statement (the "P
--->reliminary Offering Statement") under the United States Securities Act of 1933, as amended, with the United States Sec
--->urities and Exchange Commission (the "SEC") in connection with the Company's intention to offer (the "Offering") up to
---> 40,000,000 units (the "Units") at a price of USD$0.50 per Unit, with each Unit comprised of one (1) common share of t
--->he Company (each, a "Common Share") and one (1) common share purchase warrant (each, a "Warrant"); and each Warrant en
--->titling the holder thereof to acquire one additional Common Share at an exercise price of USD$0.75 for a period of two
---> years after the date of issuance.

The Company cautions that there is no assurance that the Offering will be completed on the terms currently contemplate
--->d, or at all.  The Offering will not commence until it is qualified by the SEC.

The Company will provide further updates regarding the Offering as appropriate.  This press release is not intended to
---> communicate with or solicit potential investors for the Offering.

On Behalf of The Board of Directors
Josh Rosenberg
President

About Chemesis International Inc. 

Chemesis International Inc. is a vertically integrated U.S. Multi-State operator with international operations in Puer
--->to Rico. 

The Company operates a portfolio of brands that cater to a wide community of cannabis consumers, with a focus on quali
--->ty and consistency.  Chemesis has facilities in both Puerto Rico and California.

Investor Relations:
ir@chemesis.com
1 (604) 398-3378
No Offers to Sell 

The communications contained in this press release are required by regulatory authorities and do not constitute an off
--->er or solicitation to sell securities in any jurisdiction. Although no offer or solicitation is intended, the communic
--->ations are otherwise permitted in accordance with the safe harbor of Rule 255 of Regulation A, under the United States
---> Securities Act of 1933, as amended, which permits the Company to communicate in order to gather indications of intere
--->st and to test the waters for interest in its Regulation A offering prior to the qualification of the Form 1-A on file
---> with the Securities and Exchange Commission.  No money or other consideration is being solicited by this communicatio
--->n: if you send money or attempt to send money to the Company it will not be accepted and no offer to buy the securitie
--->s can be accepted by the Company and no part of the purchase price can be received until the Company's Offering Statem
--->ent on Form 1-A is qualified and any such offer may be withdrawn or revoked, without obligation or commitment of any k
--->ind on the part of the Company at any time before notice of its acceptance, given after the qualification date, and fu
--->rther, if you provide an indication of interest to the Company in participating in the Regulation A offering, it invol
--->ves no obligation or commitment of any kind on your part.

Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable
---> securities laws, including in relation to the filing with the SEC of the Preliminary Offering Statement, and the inte
--->ntion to complete the Offering. Generally, forward-looking information can frequently, but not always, be identified b
--->y use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "schedu
--->led", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of suc
--->h words and phrases or statements that certain actions, events, conditions or results "will", "may", "could", "would",
---> "might" or "will be taken", "occur" or "be achieved" or the negative connotations thereof. All statements other than 
--->statements of historical fact may be forward-looking statements. Forward looking-information in this news release incl
--->udes, but is not limited to, statements with respect to the Company's ability to move forward with and complete the Of
--->fering, whether at the price per Unit indicated in this press release, or at all, and statements, implicit or explicit
--->, with respect to the prospects for obtaining all regulatory approvals required in order to complete the Offering.  Al
--->though the Company believes that the expectations reflected in the forward-looking information are reasonable, there c
--->an be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance 
--->on forward-looking information. Such forward-looking information is subject to risks and uncertainties that may cause 
--->actual results, performance and developments to differ materially from those contemplated by the forward-looking infor
--->mation, such as the risk that the SEC will not approve the Preliminary Offering Statement in a timely manner, or at al
--->l, that the SEC or other applicable securities regulatory authority will not approve the Offering in a timely manner, 
--->or at all, that any other regulatory approvals required with respect to the Offering will not be obtained on terms sat
--->isfactory to the Company, or at all, and that the Offering will not be completed in a timely manner, or at all. Althou
--->gh the Company has attempted to identify important factors that would cause actual results to differ materially from t
--->hose contained in forward-looking information, there may be other factors that cause results not to be as anticipated,
---> estimated, or intended. Except as required by law, the Company expressly disclaims any obligation and does not intend
--->, to update any forward-looking information in this news release. Although the Company believes that the expectations 
--->reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will pro
--->ve to be correct and makes no reference to profitability based on sales reported. The statements in this news release 
--->are made as of the date of this release.
The CSE has not reviewed, approved or disapproved the content of this press release





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