The Healing Company Inc. (OTCPK:HLCO) entered into a definitive agreement to acquire Northern Pacific Kaviar on June 29, 2023. As consideration for the transaction, The Healing Company will issue to the shareholders of Northern Pacific Kaviar: (i) 1.6666666 common shares of the Company for each Northern Pacific Kaviar Share, for an aggregate of 16,666,666 Common Shares, and (ii) 1.6666666 warrants to purchase Common Shares for each Northern Pacific Kaviar Warrant, for an aggregate of 16,666,666 Replacement Warrants. The Acquisition is subject to a number of conditions to close, including the approval of the CSE, and it is anticipated that the Acquisition will close in the coming weeks.

The Healing Company Inc. (OTCPK:HLCO) completed the acquisition of Northern Pacific Kaviar on July 17, 2023.