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Silo Wellness Announces LOI to Acquire NUGL/Kaya in a Transaction Valued at CAD $43,289,624.60; CSE to Halt Trading Until Shareholder Approval

Silo Wellness Announces LOI to Acquire NUGL/Kaya in a Transaction Valued at CAD $43,289,624.60; CSE to Halt Trading Until Shareholder Approval

Silo Wellness宣佈以價值43,289,624.60加元的交易收購Nugl/Kaya的意向書;CSE將在股東批准之前暫停交易
newsfile ·  2023/08/29 17:05

Eugene, Oregon--(Newsfile Corp. - August 29, 2023) - Silo Wellness, Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A) ("SILO") has confirmed its intention to acquire all of the issued and outstanding securities of NUGL Inc. (OTC Pink: NUGL) ("NUGL" or "TargetCo") in a transaction valued at CAD $43,289,624.60, subject to the terms and conditions set forth in the binding Letter of Intent executed on August 28, 2023 in an arms-length transaction.

俄勒岡州尤金-(Newsfile Corp.-2023年8月29日)-Silo Wellness,Inc.(CSE:SILO)(OTCQB:SILFF)(FSE:3K7A)(以下簡稱“思洛”)已確認有意以43,289,624.60加元的交易收購NUGL Inc.(OTC Pink:NUGL)(或“TargetCo”)的所有已發行和未償還證券,符合2023年8月28日簽署的具有約束力的意向書中的條款和條件。

Terms of the Transaction:

交易條款:

  • SILO shall hold an annual and general special shareholders meeting to obtain approval for the acquisition of NUGL/Kaya, to elect a new board that would result in a change of control of the resulting issuer, and for a potential share consolidation and potential name change.

  • SILO will acquire 100% of the issued and outstanding shares of NUGL in exchange for 2,010,000,000 shares from treasury (all shares herein are pre-consolidation), for a purchase price of CAD $40,200,000.00.

  • NUGL stock options, warrants, and other convertible securities will be adjusted to receive SILO Common Shares on an economically equivalent basis.

  • Silo Wellness will issue common shares in a best-efforts private placement financing to raise gross proceeds of CAD $250,000.00 to $2M at 2 cents per share to validate the purchase price and cover costs to close the transaction, as well as provide additional capital for strategic growth post-merger.

  • Finder's fee of 3% of the transaction shall be paid to NUGL board member Benjamin Kaplan and 3% to Silo CEO Mike Arnold for a total of 64,934,437 shares issued each.

  • The final structure of the Transaction is subject to receipt of final tax, corporate, and securities law advice and securities regulatory and CSE approval for both SILO and NUGL.

  • The combined market cap of the two companies at the CAD $0.02/share valuation would be CAD $43,289,624.60. NUGL shares are valued at CAD $0.0461 (USD $0.0344). Silo shares are valued at CAD $0.02. The effective time of the transaction will result in the listing of the shares of the combined company on the Canadian Securities Exchange ("CSE"). The CSE is likely to keep the stock halted until such shareholder decision due to the size of the transaction, the change of control, and the definition of fundamental change under the rules.

  • Audited financial information about NUGL Inc. will be provided to shareholders prior to the special shareholders meeting to vote on this acquisition. This information will also be included in the press release announcing the signing of the definitive agreement.

  • 思洛將召開年度和股東特別大會,以獲得對NUGL/Kaya收購的批准,選舉一個將導致由此產生的發行人控制權變更的新董事會,並可能進行股份整合和可能的名稱更改。

  • 思洛將以40,200,000.00加元的收購價格,從庫房獲得NUGL 100%的已發行和流通股,以換取20.1億股(此處所有股份均為合併前股份)。

  • NUGL股票期權、認股權證和其他可轉換證券將進行調整,以在經濟對等的基礎上獲得思洛普通股。

  • Silo Wellness將以最大努力進行私募融資,發行普通股,以每股2美分的價格籌集25萬加元至200萬加元的總收入,以驗證收購價格並彌補完成交易的成本,並為合併後的戰略增長提供額外資本。

  • 交易的3%將支付給NUGL董事會成員本傑明·卡普蘭,3%將支付給思洛首席執行官Mike·阿諾德,每股發行64,934,437股。

  • 交易的最終結構取決於收到關於思洛和NUGL的最終稅收、公司法和證券法諮詢以及證券監管和CSE批准。

  • 以每股0.02加元的估值計算,兩家公司的總市值將為43,289,624.60加元。NUGL的股票價值0.0461加元(合0.0344美元)。思洛的股票價值0.02加元。交易的生效時間將導致合併後公司的股票在加拿大證券交易所(“CSE”)上市。由於交易的規模、控制權的變化以及規則中對根本變化的定義,CSE可能會讓股票暫停交易,直到股東做出這樣的決定。

  • 有關NUGL公司的經審計的財務資訊將在特別股東大會投票表決這項收購之前提供給股東。這一資訊也將包括在宣佈簽署最終協定的新聞稿中。

Contact Silo Wellness:
Mike Arnold, CEO
541-900-5871
IR at silo wellness dot com

聯繫思洛健康:
首席執行官Mike·阿諾德
541-900-5871
思洛健康網站網站上的IR

For more information about Silo Wellness or to book a Jamaican psychedelic retreat, please visit .

欲瞭解更多關於Silo Wellness的資訊或預訂牙買加迷幻療養地,請訪問。

For NUGL Media and Investor Relations, please contact:

如需瞭解NUGL媒體和投資者關係,請聯繫:

David L. Kugelman
(866) 692-6847 Toll Free - U.S. & Canada
(404) 281-8556 Mobile and WhatsApp
dk@atlcp.com
Skype: kugsusa

David·L·庫格曼
(866)692-6847免費-美國和加拿大
(404)281-8556行動電話和WhatsApp
郵箱:dk@atlcp.com
Skype:kugsusa

About Silo Wellness

關於思洛健康

Silo Wellness Inc., founded in Oregon and a leader in psilocybin wellness retreats, is unwavering in its dedication to destigmatize and democratize transformative psychedelic experiences. Oregon trial lawyer and entrepreneur Mike Arnold founded Silo Wellness in 2018, and it stands as the state's only publicly traded company actively providing psilocybin experiences to clients. The company's retreats, currently set in the breathtaking landscapes of Jamaica with expansion plans in Oregon, facilitate personal healing journeys.

Silo Wellness Inc.成立於俄勒岡州,是裸蓋菇素健康療養院的領導者,該公司堅定不移地致力於使變革性迷幻體驗去汙名化和民主化。俄勒岡州的庭審律師兼企業家Mike·阿諾德於2018年創立了思洛健康公司,它是該州唯一家積極為客戶提供裸蓋菇素體驗的上市公司。該公司的務虛會目前設在牙買加令人嘆為觀止的風景中,並計劃在俄勒岡州擴張,為個人療傷之旅提供便利。

Silo Wellness has received significant media recognition for its groundbreaking work, notably including a feature in Anderson Cooper's CNN documentary, 'Magic Mushrooms: Can They Change Your Mind?' During this documentary (now on HBO Max), CNN Correspondent David Culver experiences on-camera psilocybin therapy, illuminating the transformative power of these experiences. It further emphasizes Silo Wellness's ambitious plans for a rural psilocybin service center in the Portland area, complete with overnight accommodations, pending land use permits. Acknowledging potential challenges and competition in this emergent field, Silo Wellness remains resolute in its mission to bring the healing power of psilocybin to those in need.

Silo Wellness因其開創性的工作而獲得了媒體的高度認可,尤其是安德森·庫珀在CNN的紀錄片《神奇蘑菇:他們能改變你的想法嗎?》中的一個特寫。在這部紀錄片(現在HBO Max)中,美國有線電視新聞網記者David·卡爾弗在鏡頭前體驗了裸蓋菇素治療,闡明瞭這些經歷的變革性力量。它進一步強調了Silo Wellness雄心勃勃的計劃,即在波特蘭地區建立一個農村裸蓋菇素服務中心,並提供過夜住宿,等待土地使用許可。認識到這一新興領域的潛在挑戰和競爭,思洛健康公司仍堅定不移地履行其使命,將裸蓋菇素的治癒能力帶給有需要的人。

Please share and comment on Silo's posts on social media:

請分享並評論思洛在社交媒體上的帖子:

  • Facebook

  • Twitter

  • Instagram

  • LinkedIn

  • Facebook

  • 推特

  • Instagram

  • LinkedIn

About Kaya Group and NUGL Inc.

關於卡亞集團和NUGL公司

Kaya is a leader in Jamaica's fast-growing hospitality and tourism industry through its three Kaya Herb House retail locations and Gap Café wellness center. Kaya Herb House Drax Hall near Ocho Rios is Jamaica's first legal Medical Marijuana dispensary and the company's flagship retail complex. It is also the base for Kaya's cultivation and processing operations. The second Kaya Herb House in Kingston is minutes from the Bob Marley Museum, Jamaica House, the Office of the Prime Minister, and the French Embassy in the heart of Kingston within the golden triangle. Kaya's third retail location in the historic town of Falmouth is minutes from the cruise ship terminal and about 30 minutes from Montego Bay. Kaya recently opened the first phase of its Wellness Center at The Gap Café, located in the pristine hills of the Jamaican Blue Mountains, approximately 21 miles from Kingston outside the entrance to Holywell Recreation Park. The Gap Café has been a Jamaican treasure for nearly a century. Kaya has operated it as a wellness center since December 2022.

卡亞是牙買加快速增長的酒店和旅遊業的領導者,通過其三個卡亞藥草之家零售點和蓋普咖啡館́健康中心。Ocho Rios附近的Kaya Herb House Drax Hall是牙買加第一家合法的醫用大麻藥房,也是該公司的旗艦零售綜合體。它也是卡亞種植和加工業務的基地。金斯敦的第二家Kaya草藥之家距離金三角內的鮑勃·馬利博物館、牙買加之家、總理辦公室和法國大使館只有幾分鐘的路程。卡亞在歷史悠久的小鎮法爾茅斯的第三個零售點距離郵輪碼頭幾分鐘車程,距離蒙特哥灣約30分鐘車程。卡亞最近在蓋普咖啡館́開設了第一期健康中心,該咖啡館位於牙買加藍山的原始丘陵中,距離金斯敦約21英里,位於霍利韋爾娛樂公園的入口處。蓋普咖啡館́近一個世紀以來一直是牙買加的寶藏。自2022年12月以來,Kaya一直將其作為健康中心運營。

Kaya offers tours of Kaya Farm at its Drax Hall location, with more than 45 different genetics being cultivated and processed. All of our Kaya Herb House retail locations include:

Kaya提供在Drax Hall位置的Kaya農場之旅,有超過45種不同的基因正在培育和加工。我們所有的Kaya Herb House零售點包括:

  • A Dab Bar Consumption Lounge.

  • An authentic Italian thin-crust pizzeria.

  • Our world-renowned Square Grouper bar.

  • 一間輕柔的酒吧消費休息室。

  • 正宗的義大利薄皮披薩店。

  • 我們享譽世界的Square Grouper酒吧。

Kaya targets the potential multibillion-dollar industry for developing, marketing, and distributing psilocybin mushrooms, which are legal in Jamaica, through its Kaya Extracts division. For more information about Kaya, please visit .

Kaya通過其Kaya提取部門,瞄準了潛在的數十億美元的行業,用於開發、營銷和分銷裸蓋菇素蘑菇,這在牙買加是合法的。有關卡亞的更多資訊,請訪問。

Follow Kaya on social media using the links below:

使用以下鏈接在社交媒體上關注Kaya:

  • Kaya Herb House Instagram

  • Kaya Herb House Facebook

  • Kaya Herb House Twitter

  • Kaya草藥之家Instagram

  • Kaya草藥之家Facebook

  • Kaya草藥之家推特

The NUGL platform provides companies in the cannabis industry with targeted networking and advertising opportunities to expand their reach by connecting with consumers where cannabis is legal.

NUGL平臺為大麻行業的公司提供了有針對性的網路和廣告機會,通過與大麻合法的消費者建立聯繫,擴大它們的影響範圍。

To view the source version of this press release, please visit

要查看本新聞稿的源版本,請訪問

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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