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This Week on the CSE – August 26 -30, 2019

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This Week on the CSE – August 26 -30, 2019






By Amanda Graff


The Opening


On this day in Canadian history, (August 26, 1978), the first Canada Jam Festival opened with the Doobie Brothers, the Commodores, Kansas, Dave Mason, and the Atlanta Rhythm Section. Canada Jam was a rock music festival concert held at Mosport Park in Bowmanville, Ontario on August 26, 1978. The concert attracted over 110,000 fans, making it the largest paying rock event in Canadian history at that time. Four television specials were made from the event and it was broadcast across the CTV television network in Canada.


Canada Jam was the second of three major music festivals held at Mosport between 1970 and 1980; the other two were the Woodstock-esque Strawberry Fields Festival held August 7–9, 1970 and the punk and new wave themed, Heatwave Festival held August 23, 1980. Both these festivals were produced by Toronto promoter John Brower who facilitated the introduction to Mosport Park for Feldman and Stogel.



Canada Jam was a rock music festival concert held at Mosport Park in Bowmanville, Ontario on August 26, 1978 that attracted over 110,000 fans, making it the largest paying rock event in Canadian history at that time.



New Listings


The CSE welcomes the following new listings this week:


Volatus Capital Corp. (VC)

Transcanna Holdings Inc. – Warrants (TCAN.WT)



August 26                       


Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced it has signed a sale-leaseback agreement with Freehold Properties valued at approximately $28.3 million for six of its properties in Florida, Massachusetts and New Jersey. >> Learn more


XPhyto Therapeutics Corp. (CSE:XPHY; FSE:4XT) is pleased to announce that it has entered into a definitive share purchase agreement with Vektor Pharma TF GmbH, a German narcotics manufacturer, to acquire 100% of the issued and outstanding shares. XPhyto has also entered into an equipment purchase agreement with an affiliated company to purchase thin film drug delivery manufacturing equipment. >> Learn more

August 27


Sharc International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) is pleased to announce a Non-Brokered Private Placement  and will be issued in connection with the creation and issue of an aggregate of 25,000,000 Units, to be sold by the Corporation by private placement . >> Learn more


Deveron UAS Corp. (CSE: DVR) a leading agriculture digital services and analytics provider in North America is pleased to announce revenue growth of 472% year over year to $727,973 in Q2 2019. >> Learn more


MGX Minerals Inc. (CSE: XMG) (OTCQB: MGXMF) (FSE: 1MG) is pleased announce receipt of an exploration permit from the British Columbia Ministry of Energy and Mines for up to 50 sites at its Driftwood Creek magnesium oxide project located in southeastern British Columbia. >> Learn more


Blue Lagoon Resources Inc. (CSE: BLLG) is pleased to announce that, further to the news releases dated August 6, 2019 and August 19, 2019, the Company has completed the acquisition of all of the issued and outstanding shares of ASIC Mining Inc. from its shareholders in consideration for a total of 11,600,000 post-split common shares of the Company. ASIC is a private Canadian company that holds an option to acquire a 100% interest in the Pellaire gold property located in the Clinton Mining Division of British Columbia. >> Learn more


August 28


Origin House (CSE: OH) (OTCQX: ORHOF), a North American cannabis products and brands company today announced its financial results for the three and six-month periods ended June 30, 2019. All figures are reported in Canadian dollars ($), unless otherwise indicated. Origin House’s financial statements are prepared in accordance with International Financial Reporting Standards. >> Learn more


Sitka Gold Corp. (CSE: SIG) is pleased to announce it has completed this season’s exploration program at its newly acquired RC Gold Property in the prolific Tintina Gold Belt in Yukon, Canada. The program involved infill and expansion soil sampling focused on refining drill targets identified from six gold in soil anomalies outlined during the last two exploration programs conducted on property in 2017 and 2018, as well as follow up additional IP geophysics and geological mapping and prospecting. >> Learn more


August 29


Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA), is pleased to announce that it has completed its previously announced transaction to acquire a controlling interest in GSRX Industries Inc. (OTCQB: GSRX), pursuant to which the Company has acquired from certain former GSRX shareholders an aggregate of [42,634,124] common shares and [1,000] preferred shares of GSRX, in exchange for an aggregate of [14,875,343] Chemesis common shares. >> Learn more


Kontrol Energy Corp. (CSE: KNR, OTCQB: KNRLF, FSE:1K8) a leader in the energy efficiency sector through IoT, Cloud and SaaS technology announces its financial results for the second quarter ended June 30, 2019. >> Learn more


Blox Labs Inc. (CSE: BLOX) (Frankfurt: BR1B) (OTC:BLLXF) wishes to announce that it has closed a private placement  wherein it has issued 47,923,330 common shares at $0.05 per share for aggregate proceeds of $2,396,167. No finder’s fees were paid in connection with the Offering. >> Learn more


August 30


Blueberries Medical Corp. (CSE: BBM) (OTC: BBRRF) (FRA: 1OA), a leading Latin American licensed producer of medicinal cannabis and cannabis-derived products, is pleased to announce it has closed its over-subscribed, non-brokered private placement of units at a price of C$0.25 per Unit for total gross proceeds of C$3,457,500. >> Learn more


(CSE: CSI) (OTC: CADMF) (FRA: CWAA), announces Happy Tea products to be carried across Chemesis’ GSRX retail dispensaries in Puerto Rico and California by September 2019. This announcement builds on the previously announced $4,000,000 USD purchase order and the partnership to develop and manufacture new products. >> Learn more


Gunpowder Capital Corp., (CSE: GPC), (CSE: GPC.PR.A), (OTCQB: GNPWF), (Frankfurt: YS6N), announced today that it has closed the third tranche of its non-brokered private placement raise. In total Two Million, One Hundred and Thirty-Four Thousand Nine Hundred Dollars CDN was raised via the issuance of Forty-Two Million, Six Hundred and Ninety-Eight Thousand Units. >> Learn more


The Overall


The CSE started at 516.42 on Monday, dipping to its lowest point at 506.38 on Tuesday before climbing to 534.38 on Friday.


The Closing


An aging population and technological change are transforming the Canadian business landscape. As Canada’s baby boomers are heading to retirement, the growth of Canada’s working age population will remain below 0.2% next year and the decade to come.


A recent BDC study found out that around 40% of Canadian small and medium-sized businesses are struggling to find the people they need to grow. This will eventually impact the economy. Business owners need to get creative to find the talent they need to continue to remain competitive.

Posted September 4, 2019

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