The common shares of the company have been halted from trading since June 9, 2021, pending completion of a qualifying transaction.

Resume trading

Effective at the opening, Wednesday, Dec. 20, 2023, the common shares of the company will commence trading on the TSX Venture Exchange under the new symbol HASH.

Qualifying transaction -- completed/new symbol

The TSX Venture Exchange has accepted for filing the company's qualifying transaction, as described in its filing statement dated Oct. 31, 2023. As a result, at the opening on Wednesday, Dec. 20, 2023, the company will no longer be considered a capital pool company (CPC). The qualifying transaction includes the following.

The qualifying transaction involves the company's arm's-length acquisition of all shares of Simply Solventless Concentrates Ltd., a private Alberta cannabis issuer, in consideration of 42,975,188 company shares at a deemed 19.5 cents per share.

Of the common shares issued to principals pursuant to the qualifying transaction, 14,087,252 common shares will be subject to a Tier 2 surplus security escrow agreement to be released over a 36-month period. In accordance with the exchange's seed share resale restrictions, 2,856,667 common shares issued to non-principals will be subject to a Tier 2 value security escrow agreement to be released over a 36-month period. One million seven hundred fifty thousand postconsolidation shares are subject to a CPC escrow agreement to be released over an 18-month period.