Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Block Commodities Ltd
  6. News
  7. Summary
    AFPO   GG00B4QYTJ50

BLOCK COMMODITIES LTD

(AFPO)
SummaryNewsCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Block Commodities Ltd: Cannabis Licence Acquisition update and Issue of Equity

06/18/2021 | 02:01am EDT
Block Commodities Ltd (BLCC) 
Block Commodities Ltd: Cannabis Licence Acquisition update and Issue of Equity 
18-Jun-2021 / 07:00 GMT/BST 
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 
(MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
The information communicated within this announcement is deemed to constitute inside information as stipulated under 
the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is 
now considered to be in the public domain. 
 
 
18 June 2021 
 
BLOCK COMMODITIES LIMITED 
("Block Commodities", "BLCC" or the "Company") 
 
Cannabis Licence Acquisition update and Issue of Equity 
 
Cannabis Licence Acquisition 
Further to the announcement on 16 March 2021, Block Commodities  is  pleased to announce that the Company and Century 
Cobalt Corporation ("CCOB"), together the "Acquiring Parties", have entered into an extension to the option agreement 
to acquire a 70% interest (the "Acquisition") in a Medicinal Cannabis licence granted to Magnus Cannabis Group 
(Private) Limited ("Magnus") by the government of Zimbabwe. 
 
Under the extension agreement, the exclusivity period to complete the Acquisition is extended to 31 August 2021. 
 
Issue of equity 
The Company has allotted 366,143,567 new ordinary shares in settlement of creditors amounting to GBP77,395 ("New Ordinary 
Shares"). 
 
Admission to trading on AQSE 
Application has been made for the 366,143,567 New Ordinary Shares to be admitted to trading on Aquis Stock Exchange 
('Admission'). Admission is expected to occur at 8:00am on or around 22 June 2021. 
 
 
Total Voting Rights 
Following the allotment, the Company's issued share capital will comprise 7,728,601,417 ordinary shares, with each 
share carrying the right to one vote. 
 
The above figure of 7,728,601,417 may therefore be used by shareholders as the denominator for the calculations by 
which they will determine if they are required to notify their interest in, or of a change to their interest in the 
Company under the FCA's Disclosure and Transparency Rules. 
 
The Directors of the Company accept responsibility for the content of this announcement. 
 
For further information, please contact: 
 
Block Commodities Limited 
Ian Tordoff 
                           nc@blockcommodities.com 
Neil Clayton ----------------------------------------------------------------------------------------------------------------------- 
ISIN:          GG00B4QYTJ50 
Category Code: IOE 
TIDM:          BLCC 
LEI Code:      2138001KNTXRAZTFKU51 
Sequence No.:  112051 
EQS News ID:   1209397 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1209397&application_name=news 
 

(END) Dow Jones Newswires

June 18, 2021 02:00 ET (06:00 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
AURORA CANNABIS INC. 2.97% 9.02 Delayed Quote.-17.36%
AUXLY CANNABIS GROUP INC. 0.00% 0.255 Delayed Quote.0.00%
BLOCK COMMODITIES LTD 0.00%End-of-day quote.0.00%
CANOPY GROWTH CORPORATION -0.47% 23.52 Delayed Quote.-24.55%
CRONOS GROUP INC. 0.54% 9.26 Delayed Quote.4.19%
HEXO CORP. -0.40% 4.93 Delayed Quote.6.00%
ORGANIGRAM HOLDINGS INC. -0.31% 3.24 Delayed Quote.92.31%
SUPREME CANNABIS 1.52% 0.335 End-of-day quote.112.90%
THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD. 1.56% 0.325 Delayed Quote.36.17%
All news about BLOCK COMMODITIES LTD
06/18BLOCK COMMODITIES LTD : Cannabis Licence Acquisition update and Issue of Equity
DJ
03/26BLOCK COMMODITIES LTD : Resignation of corporate adviser
DJ
03/24BLOCK COMMODITIES LTD : Cannabis Seed Stock - Option Agreement
DJ
03/22BLOCK COMMODITIES LTD : Notification Major Holdings
DJ
03/16BLOCK COMMODITIES LTD : Cannabis Licence Acquisition and Greenbelt Update
DJ
03/04BLOCK COMMODITIES LTD : Restoration of Trading
DJ
2019BLOCK COMMODITIES LTD : Appointment of Chief Medical Officer to Scientific Advis..
PU
2019BLOCK COMMODITIES LTD : Shareholder Update - General Meeting
PU
2019BLOCK COMMODITIES LTD : Posting of Report and Accounts, Notice of Annual General..
PU
2019BLOCK COMMODITIES LTD : Correction - Strategic Collaboration with HexisLab and C..
PU
More news
Managers and Directors
Ian Charles Tordoff Chief Executive Officer & Director
Neil William Harold Clayton Chief Financial Officer & Director
Mark Jonathan Mortlock Simmonds Non-Executive Director
Sector and Competitors