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  • Nov 21, 2024

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    • 9:00AM ET on Thursday Nov 21, 2024 by Dow Jones
      Companies Mentioned: AYUR

      AYURCANN TERMINATES BUSINESS COMBINATION

      Toronto, Ontario, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF) ("Ayurcann" or the "Company"), a leading Canadian processing and manufacturing company specializing in cannabis 2.0 and 3.0 products, announces that, further to its press releases dated June 27, 2024 (the "June 27 Release") and November 20, 2024, it has sent a letter to Arogo Capital Acquisition Corporation ("Arogo") terminating the Business Combination in accordance with Section 10.1(c) of the Business Combination Agreement as a result of, among other things, Arogo's failure to perform the covenants set forth in Sections 8.11 (Stock Exchange Listing) and 8.22 (Public Filings) of the Business Combination Agreement. As a result of such termination, and in accordance with Section 10.2(c) of the Business Combination Agreement, Arogo is to pay the Company a fee in the amount of $250,000. Ayurcann disputes any payment demand from Arogo in connection with the termination. Capitalized terms not otherwise defined herein have the meanings attributed to them in the June 27 Release.
  • Nov 20, 2024

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    • 8:58AM ET on Wednesday Nov 20, 2024 by Dow Jones
      Companies Mentioned: AYUR

      AYURCANN PROVIDES UPDATE ON BUSINESS COMBINATION

      Toronto, Ontario, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) ("Ayurcann" or the "Company"), a leading Canadian processing and manufacturing company specializing in cannabis 2.0 and 3.0 products, announces that, further to its press release date June 27, 2024 (the "June 27 Release"), it has received correspondence from Arogo Capital Acquisition Corporation that the Business Combination has been terminated and a related demand for $250,000 in connection with such termination. Capitalized terms not otherwise defined herein have the meanings attributed to them in the June 27 Release.
  • Oct 28, 2024

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    • 10:35PM ET on Monday Oct 28, 2024 by Dow Jones
      Companies Mentioned: AYUR

      AYURCANN REPORTS FISCAL YEAR 2024 RECORD SALES OF $45,265,235 IN GROSS REVENUE, FEATURING ANOTHER 100% YEAR-OVER-YEAR INCREASE

      Toronto, Ontario, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) ("Ayurcann" or the "Company"), a leading Canadian processing and manufacturing company specializing in cannabis 2.0 and 3.0 products, is pleased to announce its financial and operational results for the year ended June 30, 2024, the highlights of which are included in this news release. All figures are reported in Canadian dollars. The Company's full set of consolidated audited financial statements for the years ended June 30, 2024 and 2023 and accompanying management's discussion and analysis can be accessed by visiting the Company's website at www.ayurcann.com and its profile page on SEDAR+ at www.sedarplus.ca.

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