1933 Industries Announces Approval of Debenture Amendments
1933 Industries Announces Approval of Debenture Amendments
VANCOUVER, BC / ACCESSWIRE / November 14, 2023 / 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE:TGIF)(OTCQB:TGIFF), a Nevada-focused cannabis cultivator and producer, announces that Holders of 10% Senior Unsecured Convertible Debentures Due December 31, 2023, (the "Debentureholders") approved the proposed amendments put forth during an Extraordinary Meeting held today.
不列顛哥倫比亞省溫哥華/ACCESSWIRE/2023年11月14日/專注於內華達州的大麻種植商和生產商1933 Industries Inc.(“公司” 或 “1933 Industries”)(CSE: TGIF)(OTCQB: TGIF)宣佈,2023年12月31日到期的10%優先無抵押可轉換債券的持有人(“債券持有人”)批准了在特別會議上提出的擬議修正案今天。
The resolution being placed before the meeting was to consider, and if thought fit, to:
擺在會議面前的決議是考慮,如果認爲合適,
(i) approve the extinguishment of the Debentures upon maturity and the principal debt owed thereunder, excluding any interest in arrears, through the issuance of a Unit to the Debentureholders, each Unit being issued at a deemed price of $0.02 per $1.00 of principal, and one share purchase warrant exercisable into one additional common share of the Company at a price of $0.05 for a period of five years from the date of issuance; or
(i) 批准通過向債券持有人發行一個單位,每個單位按每1.00美元本金0.02美元的認定價格發行,在到期時註銷債券及其所欠的主要債務,不包括任何拖欠的利息;從發行之日起五年內以0.05美元的價格行使一份股票購買權證;或
(ii) approve the extinguishment of the Debentures upon maturity and the principal debt owed thereunder, excluding any interest in arrears, through the issuance of a new 10% unsecured convertible debenture (the "New Debenture") with a two year maturity, convertible into units at a price of $0.05 per unit, each unit comprising one common share of the Company and one share purchase warrant, subject to certain acceleration provisions as more particularly defined in the indenture governing the New Debenture; and
(ii) 批准通過發行新的10%無抵押可轉換債券(“新債券”),在到期時註銷債券及其所欠的主要債務,不包括任何拖欠的利息,該債券的到期日可轉換成單位,價格爲每單位0.05美元,每個單位包括公司的一股普通股和一份股票購買權證,但須遵守某些加速條款,如本文件中更具體的定義管理新債券的契約;以及
(ii) authorize the Board of Directors of the Company, in its sole discretion, to determine which of (i) or (ii) will be in the best interest of the Company and proceed with either (i) or (ii) above or to not act upon this resolution, all without the further approval or authorization of the Debentureholders.
(ii) 授權公司董事會自行決定(i)或(ii)中哪一項符合公司的最大利益,並繼續執行上述(i)或(ii),或者不根據本決議採取行動,所有這些均未經債券持有人進一步批准或授權。
At the meeting, $2,506,000 or approximately 76.66% of the outstanding debentures were represented by proxy. Debentureholders voted 78% in favour, representing 1,956,000 shares, for the extraordinary resolution considering two Debenture Settlement Options, and authorizing the Board of Directors of the Company to proceed with one of the options, while 550,000 shares were voted against.
在會議上,2,506,000美元,約佔未償還債券的76.66%,由代理人代表。債券持有人對這項特別決議投了78%的贊成票,相當於19.56萬股,贊成該決議考慮了兩種債券結算方案,並授權公司董事會繼續使用其中一種期權,而55萬股則投了反對票。
"On behalf of the Board and the entire Company, I wish to thank the Debentureholders for their overwhelming support of the Settlement Options", said Mr. Paul Rosen, Chairman and CEO of 1933 Industries. "The Board of Directors will decide and announce which of the two options it chooses to proceed with before the Maturity Date".
1933 Industries董事長兼首席執行官保羅·羅森表示:“我謹代表董事會和整個公司感謝債券持有人對和解期權的壓倒性支持。”“董事會將在到期日之前決定並宣佈選擇採用兩種選擇中的哪一種”。
The Company anticipates that the settlement of the Debentures would occur upon or shortly following the Maturity Date, subject to Canadian Securities Exchange approval.Further details of the amendments are contained in the Management Information Circular filed under the Company's profile on SEDAR available and on the Company's website at
公司預計,債券的結算將在到期日當天或之後不久進行,但須經加拿大證券交易所批准。修正案的更多細節包含在公司簡介下提交的管理信息通告中,該通告可在SEDAR上查閱,也可以在公司網站上查閱
About 1933 Industries Inc.
關於 1933 Industries Inc.
1933 Industries is a Nevada-based company, focusing on the cultivation and manufacturing of a large portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. Its product offerings through its in-house brands include: wholesale flower, pre-rolls, and extracted products under the AMA and Level X brands for the Nevada market; and Canna Hemp, a national cannabidiol (CBD) brand of wellness products that includes tinctures, gummies, topicals and sports recovery products. The Company owns 91% of Alternative Medicine Association, LC (AMA) and 100% of Infused MFG LLC (Infused). For more information, please visit
1933 Industries是一家總部位於內華達州的公司,專注於爲批發和零售市場種植和製造各種格式的大麻消費包裝商品。其通過內部品牌提供的產品包括:面向內華達市場的AMA和Level X品牌的批發鮮花、預卷和提取產品;以及Canna Hemp,一個全國性的大麻二酚(CBD)健康產品品牌,包括酊劑、軟糖、外用藥和運動恢復產品。該公司擁有替代醫學協會LC(AMA)91%的股份和Infused MFG LLC(Infused)100%的股份。欲了解更多信息,請訪問
For further information please contact:
Alexia Helgason, VP, IR, Media
604-728-4407
alexia@1933industries.com
欲了解更多信息,請聯繫:
Alexia Helgason,投資者關係、媒體副總裁
604-728-4407
alexia@1933industries.com
Paul Rosen, CEO
paul@1933industries.com
首席執行官保羅·羅森
paul@1933industries.com
Disclaimer for Forward-Looking Information
前瞻性信息免責聲明
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
加拿大證券交易所及其監管服務提供商(該術語在加拿大證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on . 1933 Industries undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
關於前瞻性陳述的通知:本新聞稿包含前瞻性陳述。使用 “預期”、“繼續”、“估計”、“期望”、“可能”、“將”、“項目”、“應該”、“相信” 等詞語以及類似的表述均旨在識別前瞻性陳述。儘管公司認爲前瞻性陳述所依據的預期和假設是合理的,但不應過分依賴前瞻性陳述,因爲公司無法保證這些陳述將被證明是正確的。由於前瞻性陳述涉及未來的事件和狀況,因此就其本質而言,它們涉及固有的風險和不確定性。這些聲明僅代表截至本新聞發佈之日。由於許多因素和風險,包括公司披露文件中討論的各種風險因素,實際業績可能與目前的預期存在重大差異,這些風險因素可在公司簡介中找到。除非法律要求,否則1933 Industries沒有義務公開更新或修改任何前瞻性信息,無論是由於新信息、未來事件還是其他原因。
SOURCE: 1933 Industries Inc.
資料來源:1933 工業公司