Elixxer Announces Bridge Loan
Toronto, Ontario--(Newsfile Corp. - June 11, 2025) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") announces it has issued an unsecured promissory grid note (the "Note") to a non-arm's length lender (the "Lender") of the Company for available proceeds to the Company of up to $1,000,000 (the "Loan"). The Loan shall mature on December 31, 2025 (the "Term"). The Company may draw on the available proceeds of the Note from time to time during the Term, and the amounts...
2025-06-11 6:30 PM EDT
Elixxer Ltd.: Revocation of Cease Trade Order
Montreal, Quebec--(Newsfile Corp. - April 17, 2025) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") announced today that the cease trade orders issued by the Autorité des Marches Financiers ("AMF"), as principal regulator, and the Ontario Securities Commission ("OSC"), collectively, the "Cease Trade Orders" have been revoked.On May 8, 2023, the AMF and the OSC issued the Failure-to-File Cease Trade Orders against the Elixxer as a result of the Company not filing various continuous disclosure documents. The Company's continuous...
2025-04-17 5:30 PM EDT
Elixxer Announces Results of Annual and Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - March 25, 2025) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company) is pleased to announce the results of its annual and special meeting of shareholders (the "Meeting") held on March 20, 2025.A total of 6,400,078 shares were voted at the Meeting in person or by proxy, representing 56.44% of the votes attached to all of the Company's issued and outstanding common shares. All matters submitted to shareholders for approval as set out in the...
2025-03-25 9:00 AM EDT
Elixxer Announces Appointment of Edward Milewski as a Director
Toronto, Ontario--(Newsfile Corp. - February 12, 2025) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") is pleased to announce that Edward Milewski has been appointed as an independent director of the Company. Mr. Milewski is an accomplished senior executive and has worked as a financial advisor with various investment firms for 35 years. He established a professional consulting firm, ERM Consulting, in 2012 which provides independent advice to public small cap companies across Canada. He is currently co-host of...
2025-02-12 9:00 AM EST
Elixxer Announces Appointment of Mark Romano as a Director
Toronto, Ontario--(Newsfile Corp. - January 23, 2025) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") is pleased to announce that Mark Romano has been appointed as an independent Director of the Company to replace Jeremy Green who has resigned. Mr Romano is an accomplished senior executive with over 40 years of experience in technical leadership, program management, and business operations. We thank Mr. Green for his time and work on the Company's Board and wish him well in...
2025-01-23 2:00 PM EST
Elixxer Announces Appointment of Fiona Fitzmaurice as Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - December 12, 2024) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") is pleased to announce that Ms. Fiona Fitzmaurice has been appointed as Chief Financial Officer of the Company on December 1, 2024.Ms. Fitzmaurice is an ACCA chartered certified accountant with over 15 years of experience in accounting and financial control for both private and publicly listed companies including companies listed on the TSX Venture Exchange. Based in Toronto, Ontario, Fiona has significant experience as...
2024-12-12 9:00 AM EST
Elixxer Announces Appointment of Karim Mecklai as Chief Executive Officer
Toronto, Ontario--(Newsfile Corp. - November 28, 2024) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") is pleased to announce that Mr. Karim Mecklai has been appointed as Chief Executive Officer of the Company on November 19, 2024, to replace Mr. Ferras Zalt who stood down as Interim Chief Executive Officer on November 1, 2024. Mr. Zalt will remain a director of the Company. For the last 9 years Karim has held the position of Vice President of Business...
2024-11-28 12:36 PM EST
Elixxer Ltd. Announces Appointment of New Auditor
Montreal, Quebec--(Newsfile Corp. - April 17, 2023) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") is pleased to announce that Kreston GTA LLP ("Kreston") has been retained by the Company to be its auditor. Kreston takes over from Baker Tilly WM LLP ("Baker"), who resigned as the Company's auditor on their own initiative, as announced on October 28, 2022. The resignation of Baker and the appointment of Kreston have been reviewed by the Company's audit committee and the...
2023-04-17 2:22 PM EDT
Elixxer Ltd. Corporate Update
Montreal, Quebec--(Newsfile Corp. - November 17, 2022) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") announces that it is continuing its discussions with regard to a potential acquisition which have been ongoing since May of this year. Changes in the deal structure as well as delays in the completion of the audit have resulted in numerous setbacks in coming to final terms. In the interim, the Company has also been considering other potential opportunities in industries unrelated to cannabis....
2022-11-17 4:31 PM EST
Elixxer Ltd. Announces Auditor Resignation
Montreal, Quebec--(Newsfile Corp. - October 28, 2022) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") announces the resignation of its auditors, Baker Tilly WM LLP ("Baker"). Baker resigned on their own initiative, which resignation has been reviewed by the Company's board. Baker has advised that its resignation is a business decision of such firm and has confirmed that there are no reportable events, "disagreements" or "unresolved issues" (as those terms are defined in National Instrument 51-102 - Continuous...
2022-10-28 2:45 PM EDT
Elixxer Ltd. Closes Amended Secured Loan with AIP Convertible Private Debt Fund L.P
Montreal, Quebec--(Newsfile Corp. - May 25, 2022) - Elixxer Ltd. (TSXV: ELXR) (OTC Pink: ELIXF) ("Elixxer" or the "Company) is pleased to announce that it has closed its previously announced (see press release of February 22, 2022) amended loan with AIP Convertible Private Debt Fund L.P., AIP Asset Management Inc. and related and affiliated companies ("AIP"). Further to the amendment, AIP has loaned the Company an additional $4 million (the "Additional Disbursement") which will: (i) have a maturity of...
2022-05-25 9:20 AM EDT
Elixxer Ltd. Announces Trading Update
Montreal, Quebec--(Newsfile Corp. - May 12, 2022) - Elixxer Ltd. (the "Corporation" or "Elixxer") (TSXV: ELXR) (OTCQB: ELXIF) announces that a cease trade order had been issued as a result of its failure to file its year end financial statements within the prescribed filing deadlines. The Corporation is pleased to report that its financial reporting is now up to date and has been advised that the cease trade order issued on May 11th, will be lifted imminently. About Elixxer Ltd....
2022-05-12 10:39 AM EDT
Elixxer Received a Binding Offer to Sell Viridi Stake for $1 Million
Montreal, Quebec--(Newsfile Corp. - March 29, 2022) - Elixxer Ltd. (TSXV: ELXR) (OTCQB: ELIXF) ("Elixxer" or the "Company) is pleased to announce that it has received a binding offer for the sale of its 18.4% shareholdings in Viridi Unit SA to Global A Brands. The Global A Brands already owns the remaining 81.6% of Viridi. The binding offer values Elixxer's shares in Viridi at about CAN $1,000,000. The Company, under the previous management team, purchased the Viridi stocks on...
2022-03-29 10:00 AM EDT
Elixxer Ltd. Announces Amended Secured Loan with AIP Convertible Private Debt Fund L.P.
Montreal, Quebec--(Newsfile Corp. - February 22, 2022) - Elixxer Ltd. (TSXV: ELXR) (OTCQB: ELIXF) ("Elixxer" or the "Company) is pleased to announce that it has entered into an agreement with AIP Convertible Private Debt Fund L.P. ("AIP") to amend its existing secured loan with AIP (the "Loan"). Further to the amendments, the principal amount of the Loan will increase to $8 million, with an additional $4 million being disbursed to the Company (the "Additional Disbursement"). The amended Loan will:...
2022-02-22 8:29 AM EST
Elixxer's Investment in Italian Medical Cannabis (Evolution BNK) Shows Significant Revenue Growth
Montreal, Quebec--(Newsfile Corp. - February 10, 2022) - Elixxer Ltd. (TSXV: ELXR) (OTCQB: ELIXF) ("Elixxer" or the "Company) is proud to announce that one of its investee companies, Evolution BNK ("Evolution") based in Pavia, Italy, is now fully operational. Over the course of 2021, Evolution completed its indoor growing facility and obtained all governmental approvals to initiate the harvesting of medical grade cannabis. Notwithstanding a very short production window for the period up to the end of December 2021, Evolution...
2022-02-10 1:10 PM EST
Elixxer Bought Back and Cancelled 20.6 Million Shares as It Pursues Certain Opportunities for Its Future Expansion/Acquisition Plans
Montreal, Quebec--(Newsfile Corp. - February 7, 2022) - Elixxer Ltd. (TSXV: ELXR) (OTCQB: ELIXF) ("Elixxer" or the "Company) is pleased is to provide this update on its previously announced normal course issuer bid (the "Bid"). As of January 31, 2022, the Company has bought back for cancellation a total of 20,632,000 common shares on the open market at prices ranging from $0.01 to $0.02 per share, representing approximately 36.81% of the maximum number of common shares permitted to be purchased...
2022-02-07 3:53 PM EST
Elixxer Announces Effective Date for Share Consolidation
Montreal, Quebec--(Newsfile Corp. - February 3, 2022) - Elixxer Ltd. (TSXV: ELXR) (OTCQB: ELIXF) ("Elixxer" or the "Company) is pleased to announce, that further to its press release dated August 24, 2021, the consolidation of all of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every one hundred (100) pre-consolidated common shares (the "Consolidation") will take effect as of Thursday, February 10, 2022 (the "Effective Date"). The Consolidation has been conditionally...
2022-02-03 8:30 AM EST
Elixxer Ltd. Announces New Director
Montreal, Quebec--(Newsfile Corp. - November 26, 2021) - Elixxer Ltd. (TSXV: ELXR) (OTCQB: ELIXF) (the "Corporation" or "Elixxer") is pleased to announce that Mr. Jeremy Green has been appointed to the Corporation's board of directors. Mr. Green is replacing Mr. Jeff Cheah who has resigned due to health reasons. Mr. Green's career spans over twenty years in the banking industry. Until recently, he was senior director for online and mobile banking with a major Canadian chartered bank. Prior to...
2021-11-26 8:38 AM EST
Elixxer Announces Intention to Consolidate its Common Shares
Montreal, Quebec--(Newsfile Corp. - August 24, 2021) - Elixxer Ltd. (TSXV: ELXR) (OTCQB: ELIXF) ("Elixxer" or the "Company) is pleased to announce its intention to consolidate all of its issued and outstanding common shares (the "Consolidation") on the basis of one new common share (each, a "New Share") for every 100 existing common shares (each, an Existing Share").The Consolidation was previously approved by the Company's shareholders at the annual and special meeting held on June 15, 2021.The intended Consolidation would...
2021-08-24 9:03 AM EDT
Elixxer Announces Approval of Share Buyback
Montreal, Quebec--(Newsfile Corp. - August 4, 2021) - Elixxer Ltd. (TSXV: ELXR) (OTCQB: ELIXF) ("Elixxer" or the "Company) is pleased to announce that, further to its press release dated July 6, 2021, the TSX Venture Exchange (the "TSXV") has accepted the Company's notice to implement a normal course issuer bid (the "NCIB") to purchase for cancellation up to an aggregate of 56,050,801 of its issued and outstanding common shares, representing 5% of the Company's current issued and outstanding common shares....
2021-08-04 11:37 AM EDT