Silo Wellness to Relist as Born Defense, a National Security Investment Issuer Focused on Ending Forever Wars and Upholding the Just War Doctrine
Eugene, Oregon and Toronto, Ontario--(Newsfile Corp. - June 2, 2025) - Silo Wellness Inc. (CSE: SILO) ("Silo," or the "Company") is pleased to announce a proposed name change to "Born Defense" and a change of business to become an investment issuer focused on the defense and national security space guided by the Just War Doctrine1 and committed to ending so-called "forever wars"2 ("Proposed Transaction"). The Company will now focus on building a business aligned with peace through strength and responsible...
2025-06-02 6:11 AM EDT
Silo Wellness Announces Extension of Kaya/NUGL LOI; Annual Filings Delay
Springfield, Oregon--(Newsfile Corp. - February 27, 2024) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A) ("Silo" or "the Company"), a leading global psychedelics wellness company, announces that the Letter of Intent (LOI) to acquire NUGL (Kaya Group in Jamaica) previously announced on August 29, 2023 has been extended through June 1, 2024. The extension provides both parties with additional time to finalize the terms of the agreement and complete the necessary audits. The trading halt shall continue while...
2024-02-27 4:00 PM EST
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
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.Terms of the Transaction:SILO shall hold an annual and general special...
2023-08-29 5:05 AM EDT
Milestone in Psychedelic Wellness: Silo Wellness and NUGL's (Kaya Jamaica) Share Exchange Paves Way for Expansion and Collaboration
Springfield, Oregon--(Newsfile Corp. - August 3, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A) ("Silo" or "the Company"), a pioneer in the psychedelic and wellness space, and NUGL Inc. (OTC Pink: NUGL), a multifaceted Jamaican cannabis and psychedelics lifestyle company, are thrilled to announce a strategic partnership through Kaya Group to bring a comprehensive range of psychedelic wellness experiences and retreats in Jamaica. This partnership, executed August 2, 2023, entails a significant transaction that underscores the strategic...
2023-08-03 5:02 AM EDT
Can Psilocybin / Oregon's Silo Wellness "Change your Mind?" - Anderson Cooper's CNN Documentary with Journalist Tripping on Camera this Sunday; Debt Settlement Updates
Springfield, Oregon--(Newsfile Corp. - June 14, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A) ("Silo" or "the Company"), a pioneer in psilocybin wellness retreats, is excited to announce its feature this Sunday on a groundbreaking CNN documentary episode of The Whole Story with Anderson Cooper.The episode, entitled 'Magic Mushrooms: Can They Change Your Mind?' takes an unprecedented step in mainstream media coverage of psychedelic therapies: CNN Correspondent David Culver undergoes psilocybin therapy on camera, providing viewers...
2023-06-14 12:43 PM EDT
Silo Wellness Announces Intent to Acquire BitGift as Potential Blockchain Payment Processor for Oregon Psilocybin
Springfield, Oregon--(Newsfile Corp. - April 26, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A) ("Silo" or "the Company") is pleased to announce that on April 25, 2023 it has signed a binding letter of intent to acquire the BitGift asset from Moon Equity Holdings (OTC Pink: MONI) ("MONI") for up to CAD$500,000.The BitGift platform, designed for secure and anonymous cryptocurrency transactions, presents an opportunity to address the challenges faced by licensed psilocybin operators in Oregon in adhering to banking and...
2023-04-26 6:02 AM EDT
Silo Wellness Announces Prepayment for up to 5,000 10mg Psilocybin Units for Oregon Licensed Silo Affiliates
Springfield, Oregon--(Newsfile Corp. - April 24, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A) ("Silo" or "the Company") is pleased to announce that it will be prepaying USD$50,000 in stock for Oregon psilocybin mushrooms under its Right of First Refusal agreement with Satya, Inc announced on March 24, 2023. The prepayment is not for a mushroom purchase but will be a credit to be used by the Company's future OHA-licensed affiliates. This prepayment secures the right to supply psilocybin mushrooms...
2023-04-24 11:26 AM EDT
Oregon Psilocybin Company Silo Wellness to Resume Trading on Canadian Securities Exchange
Springfield, Oregon--(Newsfile Corp. - April 10, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), is pleased to advise that trading of its common shares on the CSE will resume tomorrow (Tuesday, April 11, 2023). As previously announced, the cease trade order was revoked by the Ontario Securities Commission, and all outstanding annual filing documents have been filed by the Company.Shareholder UpdatesPlease follow Silo Wellness and help share news: newsletter subscription at SiloWellness.com; Twitter
2023-04-10 5:42 PM EDT
Oregon-Based Psilocybin Company Silo Wellness Announces FFCTO Revocation Order; Requests CSE Trading Resumption
Springfield, Oregon--(Newsfile Corp. - April 6, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announces that the failure-to-file cease trade order ("FFCTO") has been revoked by the Ontario Securities Commission ("OSC") after filing the Company's audited annual financial statements and corresponding management's discussion and analysis for the year ended October 31, 2022. The Company is following up with the CSE to remove its suspension and resume the trading of the Company's common shares.Shareholder UpdatesPlease follow Silo Wellness...
2023-04-06 11:39 PM EDT
Silo Wellness Submits Annual Filings After Completion of Audited Financials; Management Commentary
Springfield, Oregon--(Newsfile Corp. - April 6, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announced the filing of the Company's audited annual financial statements and corresponding management's discussion and analysis ("MD&A") for the year ended October 31, 2022, (collectively, the "Annual Filings"). The Annual Filings are available for download from the Company's SEDAR profile.The filling of the Annual Filings is an automatic application to the Ontario Securities Commission to revoke the previously-disclosed Failure to File Cease...
2023-04-06 6:11 AM EDT
Silo Wellness Eliminates Another CAD$4,440,000 of Debt from Balance Sheet by Disposing of Subsidiary
Springfield, Oregon--(Newsfile Corp. - March 28, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announces that the Company has entered into a definitive Stock Purchase Agreement dated March 27 2023 (the "Agreement") with a non-arm's length entity owned by Silo board member Michael Hartman ("Buyer") for the sale of Silo's wholly-owned subsidiary SW Holdings, Inc. ("SWHI") for a USD $150,000 purchase price paid...
2023-03-28 6:08 AM EDT
Silo Wellness Secures Right of First Refusal on All Psilocybin Mushroom Biomass from Medford, Oregon First-Mover Satya; Other Corporate Updates
Springfield, Oregon--(Newsfile Corp. - March 24, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announces that it is partnering with Oregon-based Satya, Inc. to develop a robust ecosystem aimed at supporting the well-being of psilocybin patients and Oregonian entrepreneurs alike. At the heart of this partnership is Satya's status as an Oregon-licensed psilocybin mushroom grower first-mover in the United States as featured recently in the Portland Business Journal.With the goal of benefiting patients and supporting the growth...
2023-03-24 6:01 AM EDT
Silo Wellness Announce Cease Trade Order Due to Audit Delay
Springfield, Oregon--(Newsfile Corp. - March 6, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announces further to its press release of March 4, 2023, that the Ontario Securities Commission (the "OSC") has issued a Failure-to-File Cease Trade Order ("FFCTO") pursuant to National Policy 11-207 - Failure to File Cease Trade Orders dated March 6, 2023 in respect of the securities of the Company as a result of the Company's inability to file its audited annual financial statements...
2023-03-06 11:16 PM EST
Silo Wellness Public Float Drops Below 25% with New $41k Debt Conversion; Audit and FFCTO Update
Springfield, Oregon--(Newsfile Corp. - March 6, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), converted CAD$40,680.00 of accounts payable debt into common shares on Sunday, March 5, 2023, with the total debt converted year-to-date at over CAD$1 Million. The conversions were made at a previously approved 20-day VWAP share price of $0.011. With this latest conversion, the company's total share count will increase to 143,402,271, and the current public float remains at 35,415,282 shares, representing 24.7%...
2023-03-06 6:13 AM EST
Silo Wellness Notified by OSC of Intent to Issue FFCTO; Silo Requests Reconsideration of MCTO
Springfield, Oregon--(Newsfile Corp. - March 4, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announces an update on the recent decision of the Ontario Securities Commission ("OSC") to reject the Company's application for a Management Cease Trade Order ("MCTO"). On Friday, March 4, 2023, the OSC stated the following:Thank you for these additional submissions. We have been in discussions with our Management who remain of the view that an MCTO is not appropriate in these circumstances....
2023-03-04 8:13 PM EST
Silo Wellness Cuts Public Float Percentage to 25% through Strategic Debt Conversions; New shares boost market cap to CAD$2.8M
Springfield, Oregon--(Newsfile Corp. - March 3, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), has reduced its public float percentage to 25.4% of outstanding shares, resulting in a current public float of 35,415,282 shares, according to a new report from the Company's transfer agent. This reduction was achieved through over $1M of debt conversions this week. The company's current share count is publicly available on the CSE website, which reports a total of 139,704,089 shares issued. Silo...
2023-03-03 5:54 PM EST
Silo Wellness Converts $107k of Additional Accounts Payable Debt
Springfield, Oregon--(Newsfile Corp. - March 3, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announced that it has reached an agreement with an arm's length creditor to convert CAD$107,548.05 of accounts payable debt for common shares at a conversion price of $0.011 per share for a total of 9,777,095 shares with the statutory four-month hold. Once the treasury direction documents are processed, this conversion will bring the total share count up to 139,704,089 total shares issued. ...
2023-03-03 6:03 AM EST
Silo Wellness Converts over $1 Million in Debt to Equity This Week with Another $119k Conversion; Update on Annual Filings Delay
Springfield, Oregon--(Newsfile Corp. - March 2, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announced that it has reached an agreement with an arm's length creditor to convert CAD$118,650.00 of accounts payable debt for common shares at a conversion price of $0.011 per share for a total of 10,786,364 shares with the statutory four-month hold. This conversion was made at the 20-day VWAP, which was approved by the Canadian Securities Exchange (CSE) as price protection and expires...
2023-03-02 6:56 AM EST
Silo Wellness Announces OSC Denial of Request for an MCTO for Audit Delays and Requests OSC's Reconsideration In Lieu of an FFCTO
Springfield, Oregon--(Newsfile Corp. - February 28, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A) announces that the Ontario Securities Commission (OSC) notified the Company today that the company's application for a management cease trade order (MCTO) has been denied and that the OSC stated that it intends to issue a failure-to-file cease trade order (FFCTO) after the February 28, 2023 due date (today) against the Company for failure to file the following continuous disclosure documents by February...
2023-02-28 5:05 PM EST
Silo Wellness Converts Another $149K in Debt to Equity for Improved Financial Position; Announces Annual Filings Delay
Springfield, Oregon--(Newsfile Corp. - February 27, 2023) - Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announced that it has reached an agreement with an arm's length creditor to convert CAD$149,235.91 of accounts payable ("AP") debt for common shares at a conversion price of $0.011 per share for a total of 13,566,901 shares with the statutory four-month hold. This conversion was made at the 20-day VWAP, which was approved by the Canadian Securities Exchange (CSE) as price protection and...
2023-02-27 5:02 PM EST