Business
P Squared Renewables Inc. Announces Change of Name to Universal Ibogaine Inc.
(TheNewswire) September 17, 2021 – TheNewswire - Calgary, Albe...
About this update from Universal Ibogaine Inc
[{"type":"text","content":"P Squared Renewables Inc. Announces Change of Name to Universal Ibogaine Inc.\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n September 17, 2021 –\n \n \n TheNewswire -\n \n \n Calgary, Alberta - P\nSquared Renewables Inc. (TSXV:PSQ.P) (\"\n \n \n PSQ\n \n \n \") announces\nthat as part of the completion of its recently announced Qualifying\nTransaction (the “\n \n \n QT\n \n \n ”, as such term is defined under Policy\n2.3 of the Corporate Finance Manual of the TSX Venture Exchange) it\nhas formally changed its name to Universal Ibogaine Inc.\n \n \n \n \n As noted in PSQ’s news release of September 2, 2021,\nthe QT involved a three cornered Amalgamation\n \n \n among PSQ, 1266855 B.C. Ltd. (\"\n \n \n Subco\n \n \n \", a wholly\nowned subsidiary of PSQ), and Universal Ibogaine Inc.\n(\"\n \n \n UI\n \n \n \").\n \n \n \n \n The continuing entity (the “\n \n \n Resulting Issuer\n \n \n ”)\nhas now completed a formal name change to “Universal Ibogaine\nInc.” while UI and Subco Amalgamated on August 31, 2021 and continue\nas a B.C. corporation which was renamed “Clear Sky Recovery\nSolutions Inc.”, which is a wholly owned subsidiary of UI.\n \n \n \n \n Final TSXV Approval and Resumption of\nTrading\n \n \n \n \n The ultimate listing of the common shares of the\nResulting Issuer UI is subject to final approval by the TSXV, and\nresumption of trading of the common shares (under the intended trading\nsymbol \"IBO\") is subject to TSXV conditions which UI is in\nprocess of completing, prior to the expected issuance in the coming\nweeks of the ultimate Final Exchange Bulletin by the TSXV.\n \n \n \n \n NEITHER THE TSX VENTURE EXCHANGE NOR\nITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE\nPOLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE\nADEQUACY OR ACCURACY OF THIS RELEASE.\n \n \n \n \n CAUTIONARY STATEMENT REGARDING\nFORWARD-LOOKING STATEMENTS\n \n \n \n \n ‎This news release contains forward-looking\nstatements and information. More particularly, this ‎document\ncontains statements and information relating to the QT that remains\nsubject to final submissions and approval from the TSXV, as well as\nthe intended name change . Forward-looking information is frequently\ncharacterized by words such ‎as \"plan\"...