Acquisition of Additional Equity Interest in The Tinley Beverage Company Inc.
Acquisition of Additional Equity Interest in The Tinley Beverage Company Inc.
Los Angeles, California--(Newsfile Corp. - February 9, 2024) - Blaze Life Holdings LLC (the "Shareholder") announces that, on January 26, 2024, pursuant to a securities for debt transaction (the "Transaction") with The Tinley Beverage Company Inc. (the "Company"), the Shareholder acquired an aggregate of 16,000,000 units of the Company ("Units") issued at a deemed price of $0.025 per Unit with a total value of $400,000, requiring disclosure pursuant to the early warning requirements of applicable securities laws. The Transaction did not take place on a market.
加利福尼亞州洛杉磯--（Newsfile Corp.，2024 年 2 月 9 日）-Blaze Life Holdings LLC（”股東“）宣佈，根據一項債券交易，2024年1月26日，根據一項證券交易（”交易“）與 Tinley 飲料公司（”公司“），股東共收購了公司1600萬個單位（”單位“）以每單位0.025美元的認定價格發行，總價值爲40萬美元，需要根據適用證券法的預警要求進行披露。該交易不是在市場上進行的。
Each Unit consists of one common share in the capital of the Company (each a "Common Share") and one Common Share purchase warrant (each a "Warrant"). Each Warrant entitles the Shareholder to purchase one Common Share at a price of $0.05 per Common Share until the date which is three years from the date of issuance.
每個單位由公司資本中的一股普通股組成（每股爲”普通股“) 和一份普通股購買認股權證（每份爲 a”搜查令“）。每份認股權證使股東有權在自發行之日起三年之前，以每股普通股0.05美元的價格購買一股普通股。
Immediately prior to completion of the Transaction, the Shareholder owned and exercised control or direction over an aggregate of 800,000 stock options of the Company (the "Options") and a convertible debenture of the Company (the "Convertible Debenture"), with the principal amount and all accrued and unpaid interest as of the date hereof convertible into an aggregate of 35,680,723 units of the Company ("CD Units"), with each CD Unit being comprised of one Common Share and one-half of one Common Share purchase warrant (each whole warrant, a "CD Warrant"), representing 0% of the issued and outstanding Common Shares on a non-diluted basis and approximately 26.67% on a partially diluted basis, assuming conversion of the Convertible Debenture into CD Units and exercise of the Shareholder's Options and CD Warrants into Common Shares.
在交易完成之前，股東擁有並行使了對公司總共80萬份股票期權的控制權或指導（”選項“）和公司的可轉換債券（”可轉換債券“），截至本文發佈之日，本金和所有應計和未付利息可轉換爲公司總計35,680,723個單位（”光盤 單位“），每個存款證單位由一股普通股和一半的普通股購買權證（每份完整認股權證，a）組成CD認股權證“），假設將可轉換債券轉換爲存款證單位並將股東期權和存款權證行使爲普通股，按未攤薄計算，佔已發行和流通普通股的0％，按部分攤薄計算約佔26.67％。
Upon completion of the Transaction, the Shareholder now owns or exercises control or direction over a total of 16,000,000 Common Shares, 16,000,000 Warrants, 8,000,000 Options and a Convertible Debenture with the principal amount and all accrued and unpaid interest as of the date hereof convertible into an aggregate of 35,680,723 CD Units which represents approximately 6.98% of the issued and outstanding Common Shares on a non-diluted basis and approximately 28.80% of the issued and outstanding Common Shares on a partially diluted basis, assuming conversion of the convertible debenture into CD Units and the exercise of the Shareholder's Warrants, CD Warrants and Options into Common Shares.
交易完成後，股東現在擁有或行使對總共1600萬股普通股、16,000,000份認股權證、8,000,000份期權和可轉換債券的控制權或指導，截至本交易之日本金和所有應計和未付利息可轉換爲總計35,680,723個存款證單位，約佔未攤薄後已發行和流通普通股的6.98％，約佔28.80％ 假設轉換後，已發行和流通的普通股按部分攤薄計算將債券轉換爲存款證單位，將股東認股權證、存款證和期權行使爲普通股。
The Shareholder may from time to time and depending on market and other conditions and subject to the requirements of applicable securities laws, dispose or acquire additional Common Shares through market transactions, private agreements, treasury issuances, dividend reinvestment programs, exercise of options, convertible securities or otherwise (if and when granted), or may, subject to the requirements of applicable securities laws, sell all or some portion of the Common Shares they own or control, or may continue to hold the Common Shares.
股東可以不時根據市場和其他條件以及適用的證券法的要求，通過市場交易、私人協議、國庫發行、股息再投資計劃、行使期權、可轉換證券或其他方式（如果獲得授權）處置或收購額外的普通股，或者可以根據適用的證券法的要求出售其擁有或控制的全部或部分普通股，或者可以繼續持有普通股。
The Company has a head office at 181 Bay Street, Suite 1800, Toronto, ON M5J 2T9.
該公司總部設在安大略省多倫多市海灣街181號180號套房M5J 2T9。
The Shareholder is a California company engaged in the cultivation, manufacturing, distribution and retail sale of cannabis. Its head office is located at 12426 San Fernando Rd Sylmar, CA 91342.
股東是一家從事大麻種植、製造、分銷和零售的加利福尼亞公司。其總部位於加利福尼亞州西爾瑪市聖費爾南多路12426號，郵編91342。
This news release is being disseminated as required by National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report by the Shareholder in respect of the Transaction, to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters. A copy of the early warning report will be filed by the Shareholder in accordance with applicable securities laws and will be available on the Company's issuer profile on SEDAR+ at .
本新聞稿是按照國家儀器62-103的要求發佈的- 預警系統及相關的收購投標和內幕舉報問題 與股東就該交易提交預警報告有關，該報告將提交給適用的證券監管機構，其中包含有關上述事項的更多信息。預警報告的副本將由股東根據適用的證券法提交，並將在SEDAR+的公司發行人簡介中公佈，網址爲。
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在美國。
譯文內容由第三人軟體翻譯。