BZAM to Acquire Final Bell’s Canadian Operation, forming 5th Largest Canadian L.P.
VANCOUVER, BC, and VAN NUYS, Calif. – Building on a mutual strategy of delivering the best portfolio of cannabis products to consumers, BZAM Ltd. (CSE: BZAM) (US-OTC: BZAMF) has entered into a definitive share exchange agreement dated December 5, 2023, to acquire Final Bell Canada Inc. (“FBC”) from Final Bell Holdings International Ltd. (“FBHI”), the companies announced today. Under the terms of the Agreement, FBHI, the sole shareholder of FBC, will receive 90,000,000 common shares of BZAM at a deemed price of $0.15 per share, representing approximately one-third of the issued and outstanding shares of BZAM (the “BZAM Shares”) following the closing of the Transaction (the “Closing”), which is anticipated to occur on or about December 18, 2023, subject to customary closing conditions. BZAM will also enter into a supply agreement under which FBHI’s wholly owned subsidiary, 14th Round Inc., will continue to provide industry leading child-resistant packaging, high-tech vaporization h...