Vertical Peak Holdings Inc. News Releases

Vertical Peak Announces LOI to Sell California Operation and Board of Director Change

Thu, 17 Aug 2023 06:18:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - August 17, 2023) - Vertical Peak Holdings Inc. (CSE: MJMJ) (OTC PINK: SPLIF) (formerly High Fusion Inc.) ("Vertical Peak" or the "Corporation") wishes to announce that it has entered into binding letter of intent ("LOI") dated August 9, 2023 to sell all its California operations ("Transaction") to Downwind Holdings Inc. ("DHI").Transaction OverviewPursuant to the terms of the LOI, DHI agreed to acquire from Vertical Peak all assets relating to the...

Vertical Peak and Neural Therapeutics Announce Completion of the Plan of Arrangement

Thu, 25 May 2023 17:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - May 25, 2023) - Vertical Peak Holdings Inc. (CSE: MJMJ) (formerly High Fusion Inc.) ("Vertical Peak" or the "Corporation") and Neural Therapeutics Inc. ("Neural"), are pleased to announce closing of the previously announced proposed spin-out of Neural through a plan of arrangement under the British Columbia Business Corporations Act (the "Plan of Arrangement"), pursuant to the amended and restated arrangement agreement dated February 24, 2023...

Vertical Peak Announces Record Date and Targeted Effective Date for the Spin-Out of Neural Therapeutics

Wed, 17 May 2023 13:37:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - May 17, 2023) - Vertical Peak Holdings Inc. (CSE: MJMJ) (OTC Pink: SPLIF) ("Vertical Peak" or the "Corporation") is pleased to announce an update on the previously announced proposed spin-out of a portion of its holdings of common shares ("Neural Shares") of Neural Therapeutics Inc. ("Neural") through a plan of arrangement under the Business Corporations Act (British Columbia) (the "Plan of Arrangement").All of the conditions precedent to completion...

Vertical Peak Announces Corporate Updates and Annual Meeting Results

Thu, 04 May 2023 16:01:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - May 4, 2023) - Vertical Peak Holdings Inc. (CSE: FUZN) (OTC Pink: SPLIF) (formerly High Fusion Inc.) ("Vertical Peak" or the "Corporation"), is pleased to announce the results of its Annual General and Special Meeting ("Meeting") held on May 1, 2023, completion of the name change and timeline for completing the plan of arrangement ("Plan of Arrangement") to distribute shares of Neural Therapeutics Inc. ("Neural") to the Corporation's shareholders...

High Fusion Files Circular Supplement

Fri, 14 Apr 2023 16:31:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 14, 2023) - High Fusion Inc. (CSE: FUZN) ("High Fusion" or the "Company") High Fusion wishes to announce that it has filed a supplement ("Supplement") to the management information circular dated March 15, 2023 ("Circular") which was filed on SEDAR on March 20, 2023. The Circular sets out a form of the new Articles (the "New Articles") that are to be adopted as a result of the proposed continuance of High Fusion (the "Continuance") from Canada under the...

High Fusion Announces Management Changes

Mon, 03 Apr 2023 08:53:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 3, 2023) - High Fusion Inc. (CSE: FUZN) ("High Fusion" or the "Company") wishes to announce management changes.Effective March 31, 2023 John Durfy has stepped down as CEO of High Fusion and will remain on the board of directors of the Company to aid in the transition. Mr. Durfy's duties will be transitioned to Mr. William Gillespie who will become the CEO of High Fusion effective as of the same date. Mr. Gillespie is an entrepreneur who has an extensive...

High Fusion Files Management Information Circular for Proposed Arrangement with Neural Therapeutics

Tue, 21 Mar 2023 08:00:00 -0400

Neural Therapeutics Launches Concurrent Financing Toronto, Ontario--(Newsfile Corp. - March 21, 2023) - High Fusion Inc. (CSE: FUZN) (OTC Pink: SPLIF) ("High Fusion") is pleased to announce that it has filed on www.sedar.com its management information circular (the "Circular") and related materials in connection with the annual and special meeting (the "Meeting") of High Fusion shareholders (the "High Fusion Shareholders") to be held at 10:00 a.m. (Eastern Time) on May 1, 2023 at High Fusion's...

High Fusion Announces an Agreement to Amend the Terms and Extend the Maturity of Its First Loan Facility

Thu, 16 Mar 2023 09:24:00 -0400

Toronto, Ontario--(Newsfile Corp. - March 16, 2023) - High Fusion Inc. (CSE: FUZN) ("High Fusion" or the "Company") is pleased to announce that yesterday, it has agreed to amend the terms of its First Loan Facility.Company has agreed with the lenders of the Company's First Loan Facility to amend the terms to provide for one-year extensions of the maturities and a reduction in interest rate to 12% per annum payable at the new maturity dates of February 10, 2024, February 23, 2024 and March 13,...

High Fusion Announces the Sale of Its Colorado Property, Repayment of Debentures and Settlement of Director's Compensation

Mon, 13 Mar 2023 09:12:00 -0400

Toronto, Ontario--(Newsfile Corp. - March 13, 2023) - High Fusion Inc. (CSE: FUZN) ("High Fusion" or the "Company") is pleased to announce that on March 9, 2023, it closed the sale of the Company's property in Pueblo Colorado ("Property") with funds received on March 10, 2023 to be applied to the repayment of the 2020 Debentures. The Company also announces settlement of director's fees.Colorado Property Sale and Repayment of 2020 DebenturesUnder the terms of a purchase agreement for the sale by...

High Fusion and Its Psychedlics Subsidiary Neural Therapeutics Enter into Amended and Restated Arrangement Agreement

Tue, 28 Feb 2023 08:46:00 -0500

Toronto, Ontario--(Newsfile Corp. - February 28, 2023) - High Fusion Inc. (CSE: FUZN) ("High Fusion" or the "Company") is pleased to announce that it has entered into an amended and restated arrangement agreement, effective February 24, 2023 with (the "Agreement") with Neural Therapeutics Inc. ("Neural") with respect to the distribution of a part of High Fusion's shareholdings in Neural to High Fusion shareholders (the "Transaction" or the "Plan of Arrangement").High Fusion CEO John Durfy...