Relevium Technologies

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Relevium is a publicly traded corporation strategically focused the acquisition of e-retail brands, products and technologies in the health and wellness market. Relevium’s products are part of the $3.72 trillion dollar global wellness industry — one of the fastest growing worldwide markets. Our s...

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Relevium Technologies

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Relevium is a publicly traded corporation strategically focused the acquisition of e-retail brands, products and tech......

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8020Admin posted a press release Relevium Signs Exclusivity Agreement With SOSCannabis.com for Reimbursement for Pediatric Patients in RELEVIUM TECHNOLOGIES


MONTREAL, July 10, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), announced today it has executed an exclusivity agreement to partner with SOS cannabis Inc. (“SOSCannabis”), which will provide pediatric customers with the ability to obtain free legal representation to seek reimbursement for the costs of medical cannabinoid therapy from different government agencies for the treatment of medical conditions for pediatric patients.


The partnership agreement will provide Relevium’s pediatric customers with access to an experienced legal and case management team, who will prepare the case file and seek retroactive and prospective reimbursement for parents of pediatric patients at no cost. The agreement provides Relevium with a unique advantage in terms of its business development strategy and first to market positioning in terms of pediatric applications. 


Mr. Aurelio Useche, CEO of Relevium stated: “As we prepare to enter the pediatric endo-medicinal market in Canada with an initial ten (10) CannaKids® formulated products, not only are we providing parents with a natural alternative and/or health support mechanism, but now we are able to provide them with the ability to seek reimbursement from governmental agencies without any costs,” Mr. Useche stated further: “We are extremely happy to work with a team of caring legal professionals that can represent our customers in minimizing the financial burden of cannabinoid therapy.”


Maitre Robert Astell, President of SOSCannabis.com stated “We are delighted to welcome Relevium into our family of medicinal cannabinoid therapy suppliers. The focus and quest of Relevium in terms of pediatric patients is admirable and we look forward to onboarding parents into our fully-automated registration platform and to provide them with the state-of-the-art case management service in fulfilling their need for economic assistance in providing natural medicine to their children.”


Tracy Ryan, CEO of Cannakids® stated: “For years patients have struggled with the high expenses that come along with using cannabis as a medicine. Especially parents to sick children who often lose their jobs due to countless hospital stays and doctor’s appointments. This new opportunity for families is a major step in the right direction. We are elated that more will now have the opportunity to afford this powerful, non-toxic option that we have seen bring unimaginable relief to patients on a global scale.”


About S.O.S Cannabis
SOSCannabis.com is a multi-disciplinary law firm headquartered in Québec, Canada whose objective is to help people that use medical cannabis prescribed by a doctor to seek retroactive and prospective monetary reimbursement through claims made to governmental organizations. SOS Cannabis also provides referral services to a network of medical professionals and medical cannabis suppliers. The company counts with an experienced legal and administrative team to support medical claims with the provincial and federal governments.


About Cannakids®
CannaKids.org is a privately held company that has provided CO2 extracted, lab tested cannabis oil products to thousands of patients over the past 4 years. Using nurse guided assistance, the brand has been synonymous with some of the most recognized patient success stories in the world.


About Relevium Technologies
Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operation of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and United States securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", or "would" occur. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek to rely on the applicable safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:
Tel: +1.888.528.8687
Email: investors@releviumcorp.com Website: www.releviumtechnologies.com


https://www.facebook.com/releviumcorp/
https://ca.linkedin.com/company/relevium-technologies-inc-
https://twitter.com/releviumcorp?lang=en


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8020Admin

8 days

8020Admin posted a press release Relevium's CEO Issues Letter of Clarification to Shareholders in RELEVIUM TECHNOLOGIES


MONTREAL, July 03, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), announced today a letter from Aurelio Useche, CEO to shareholders to clarify misconceptions and rumours in the market about a compliance news release disseminated on July 1, 2019 by the Company pursuant to a request from the OTC Markets Group.


Dear shareholders,


The Management of Relevium or any publicly traded company has the responsibility to dispel unfounded rumours, misinformation or false statements which result in unusual market activity. Misleading and manipulative promotion, positive or negative, clearly fall into this area of concern and must be immediately addressed.


As CEO, director and shareholder of Relevium Technologies Inc. I feel it necessary to issue this letter and issue a clear and direct clarification regarding inaccurate and misleading statements being made by independent blog and referral traffic investor website equity.guru and Mr. Chris Parry. On the article published today, Mr. Parry misleads readers with false allegations, which we feel should be of concern to all investors.


Mr. Parry states that the Company is under “promotional investigation” and provides a misleading opinion stating, “reveals worst disclosure ever”. The fact is that Company is not under any promotional investigation, but rather it was contacted by OTC compliance on June 27th as it became aware of promotional statements made by unrelated third parties with potentially promotional content about Relevium Technologies. On its website on Promotion Policy, the OTC markets states that although a company whose security is being promoted may not be directly involved or even aware of a promotion campaign for their securities, all public companies have an obligation to provide accurate disclosure to investors and quickly address any misleading information that could affect the trading market for their securities. This is why we, upon the request of the OTC, we issued a news release in this regard.  


Mr. Parry dangerously makes the insinuation that the purchase of 4.3M shares by my holding company, which was a private transaction conducted one month prior to the promotional activity are somewhat related. This statement makes Mr. Parry liable for defamation, libel and false light and I am taking this matter very seriously, under the advice of my legal counsel. Mr. Parry fails to disclose that I have never sold a single share, that I have participated on all previous financings of the corporation and that the purchase was made at a significant premium to market (north of 60%) in full compliance and disclosure. Mr. Parry fails to let the readers know that I have a spotless 27-year-old career with an extensive educational and professional background, including 21 untarnished years in the public markets.      


Finally, Mr. Parry provides a misleading connection between the disclosure statements provided by the promotional news outlet and the Company. The fact is, that as disclosed in full compliance with OTC requirements, the Company confirms it was not involved nor recognizes the source of the said promotional newsletter. Regardless of whether Mr. Parry agrees or not with the disclosure statements of the third party, it is a statement used by many US based investor awareness companies. Our Company engages, from time-to-time, third party providers for investor awareness, all of which are standard in the capital markets. In full compliance with the OTC request, our Company provided a detailed list of the companies we have worked with in the last twelve months.


We at Relevium BELIEVE and are fully engaged in the success of our Company. We believe that the market has yet to fully recognize the value of our Company, but we also know that it is the execution of our strategy and not promotion that will eventually bring about the correct market recognition of the value of RLV. However, we also believe that recognition requires we reach a wider audience and we are committed to a fully transparent and compliant disclosure of our activities over the years to come.


Our company benefits from a very loyal and longstanding shareholder base and we will continue to focus on our mission and on building a leading and responsible corporation in the health and wellness market.


We thank you for the trust you have placed on us.


Yours respectfully,


Aurelio Useche, CEO


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operation of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and United States securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", or "would" occur.  Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek to rely on the applicable safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:


Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
Follow us on Twitter
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8020Admin

15 days

8020Admin posted a press release Relevium's Biocannabix Positions Itself as an Important Player in Colombia as it Pursues Endo-Medical Cannabis Strategy for Latin America in RELEVIUM TECHNOLOGIES


MONTREAL, June 26, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. a Health and Wellness portfolio company listed on TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX” (the “Company” or “Relevium”) announced today it is positioning itself as an important player in the Colombian medical cannabis market  by cementing medical and research relationships in the country in order to establish clinical validation programs for its Endo Nutraceutical Supplements (ENS) and Oral Nutritional Supplements.


On June 13th, 2019, the Company announced a binding LOI to acquire LifeLine Pharma SAS, a binding agreement to acquire the shares of Lifeline Pharma SAS, a Cali based cultivation and extraction business in the burgeoning agro-pharma market in Colombia. With a much lower cost of production, a robust commercial and legal framework and a culture that is open to Phyto therapeutic medicine, Colombia is quickly becoming a global center of medical cannabis supply and it is forecasted that the Country will be looking to supply as much as 44% of the World’s demand.


“This is a major strategic step in the development of our Phyto therapeutic biopharma business” stated Aurelio Useche, CEO of Relevium Technologies.


The Company’s subsidiary, Biocannabix Health Corporation, is a vertically integrated medical cannabis company with strategic positioning in three major markets: Canada, Latin America and Europe.


The company’s operations in Montreal allows Biocannabix to leverage leading edge scientific and research platforms as well as government incentives in the province of Quebec. The recent acquisition of LifeLine in Colombia allows the company to leverage lower costs of cultivation and processing as well as to manage its own genetics for the production of targeted Phyto therapeutic formulations. Colombia, Canada and Germany combined are central to the clinical validation program for the ENS and ONS products that will be offered in all three markets.


JUNE 28TH CONFERENCE CALL DETAILS AND REGISTRATION INSTRUCTIONS


As announced last week, Relevium will be hosting a LATAM Strategy Conference Call. In order to register for the call please use the following link. Once registered you will receive your call instructions and you will be able to add the event to your calendar.


Please Click: https://zoom.us/meeting/register/71292b6aa9d728da4ac87b605f06faf5


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


About Lifeline Pharma


Lifeline Pharma SAS is a privately owned vertically integrated agro-pharma business dedicated to scientific research, grow, extraction, production and export of medicinal grade cannabis derivatives. Incorporated in Cali, Colombia, Lifeline leverages 150 years of organic agriculture located in Rozo, Valle del Cauca, in the heart of the sugar cane enclave, only 7 minutes away from the international airport and 10 minutes away from Cali, the third largest city in the country.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:

Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
Follow us on Twitter
Follow us on LinkedIn


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8020Admin

22 days

8020Admin posted a press release Relevium to Hold Investor Call to Discuss LATAM Strategy June 28, 2019 at 1:00pm EST in RELEVIUM TECHNOLOGIES


MONTREAL, June 19, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. a Health and Wellness portfolio company listed on TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX” (the “Company” or “Relevium”), is pleased to announce it will be holding a shareholder and investor conference call to discuss its Latin American (LATAM) strategy and the upside potential of its recently announced acquisition in Colombia.


It is estimated that Colombia is positioned to supply about 44% of the World’s market for medical cannabis and the acquisition of Lifeline Pharma SAS  (“LifeLine”) in Colombia is set to allow Biocannabix Health Corporation to target two important sources of revenues: (1) EU GMP pharma-grade extracts for export and (2) endo-nutraceutical (ENS) and oral nutritional supplements (ONS) for in-country distribution.


During this 45-minute online videoconference call, Aurelio Useche CEO of Relevium and Oscar Libreros CEO of Lifeline Pharma SAS, will provide insight into the Company’s strategy, financial objectives and discuss expected key milestones for the development of Lifeline Pharma SAS, including:



  • The expected revenue upside from the initial 20 hectares of more than $75 million through B2B exports of pharma-grade medical extracts.

  • The $100 Million opportunity in the Colombian market to introduce nutraceuticals and ONS products for pediatric and geriatric applications through pharmacies and direct to hospitals

  • The ability of Lifeline to generate positive cash flows from operations in the first 12 month of operations

  • The stages of development of the project and ability to expand quickly to 85 hectares to meet global demand

  • The importance of controlling plant genetics and the registration of 668 genetic strains with the ICA, the Instituto Colombiano Agropecuario.

  • Strategic low-cost infrastructure that allows for an estimated stage two capacity of 170,000 Kg of medical cannabis per year with an initial estimated cost of production 0.53$ per gram.

  • The strategic importance of an industrial scale extraction plant in the Pacific Free Zone, a private industrial park located minutes away from the cultivation project.

  • Local partnerships including the International Center for Tropical Agriculture (CIAT), Hospitals, medical clinics and the Colombian Corporation for Agricultural Research (Agrosavia).


CONFERENCE CALL DETAILS AND REGISTRATION INSTRUCTIONS


In order to attend Relevium’s LATAM Strategy Conference Call, please use the following link to pre-register your attendance. Once registered you will receive your call instructions and you will be able to add the event to your calendar.


Please Click: https://zoom.us/meeting/register/71292b6aa9d728da4ac87b605f06faf5


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


About Lifeline Pharma


Lifeline Pharma SAS is a privately owned vertically integrated agro-pharma business dedicated to scientific research, grow, extraction, production and export of medicinal grade cannabis derivatives. Incorporated in Cali, Colombia, Lifeline leverages 150 years of organic agriculture located in Rozo, Valle del Cauca, in the heart of the sugar cane enclave, only 7 minutes away from the international airport and 10 minutes away from Cali, the third largest city in the country.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release: Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
Follow us on Twitter
Follow us on LinkedIn


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8020Admin

28 days

8020Admin posted a press release Relevium Takes Major Step in Latam to Acquire Lifeline Pharma in Cali, Colombia in RELEVIUM TECHNOLOGIES

MONTREAL, June 13, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce that Biocannabix Health Corporation (“Biocannabix”), a wholly-owned subsidiary of Relevium has executed on June 12, 2019 a binding agreement to acquire the shares of Lifeline Pharma SAS, a Cali based cultivation and extraction business in the burgeoning agro pharma market in Colombia.


KEY HIGHLIGHTS OF THE PARTNERSHIP WITH LIFELINE



  • Best in class partnership for international vertical integration.

  • Combination of Biocannabix focus on Pediatric Endo-Medicine with a large-scale operation with 150 years of sustainable, environmentally responsible and organic agricultural history

  • Located in Rozo, Valle del Cauca, in the heart of the sugar cane enclave seven minutes away from the international airport and 10 minutes away from Cali’s downtown core and a population of over 3M people

  • Multi-stage project with (1) an initial 5 hectares that includes the local offices, a laboratory, a fully enclosed greenhouse for tissue culture and micropropagation and an initial cultivation of over 200,000 square feet in open air green houses, (2) an option to expand to an additional 20 hectares or 2.2 million square feet of open air greenhouse cultivation and (3) the possibility to expand to another additional 60 hectares or 6.5 million square feet of cultivation.

  • Full registration of 668 genetic strains with the ICA, the Instituto Colombiano Agropecuario.

  • Three licenses in progress including (1) extraction and manufacturing, (2) cultivation with THC and (3) non-psychoactive cultivation, all with scientific research, domestic sales and export modalities.

  • Strategic low-cost infrastructure that allows for an estimated stage two flower capacity of 170,000 Kg per year with an initial estimated cost of production 0.53$ per gram.

  • Development of an industrial scale extraction plant in the Pacific Free Zone, a private industrial park located minutes away from the cultivation project. The free zone offers the benefits of the free regime and seeks to promote and develop the process of industrialization of goods, the productive chain and the provision of services, as well as strengthen the competitiveness of its users and customers by taking advantage of the generated opportunities from international trade and bilateral agreements signed by Colombia.

  • Genetics laboratory and agronomic research in the BioParque del Pacifico located in the campus of the International Center for Tropical Agriculture (CIAT) and the Colombian Corporation for agricultural research (Agrosavia).


STRATEGIC FIT FOR GLOBAL SUPPLY AND VERTICAL INTEGRATION


Relevium’s Bio-Pharma arm, Biocannabix, is focused in developing, marketing and selling endo-medicinal formulations on Nutraceuticals and Medical foods aimed primarily to pediatrics. An essential component of the strategy of delivering safe, 100% auditable medicine for pediatric patients is to ensure total control over the genetics, the cultivation and the processing of extracts. The partnership with Lifeline ensures a 100% organically grown product with access to over 600 registered genetic strains, the buildout of an EU GMP extraction facility in the Pacific Free Zone and the ability to trace and fully audit the process from seed to medicine through blockchain technology.


The strict regulation of the Colombian legal regime for cannabis only allow for the export of extracts and finished goods and we aim to service international demand for organically sourced medical cannabis extracts for LATAM, Europe and eventually the Asian continent.   


LOCAL MARKET THAT IS READY TO ADOPT ENDO-MEDICINAL FORMULATIONS    


Traditional remedies and natural medicine are an integral part of Colombian culture and with a fast-growing middle class and entrepreneurial nature, this market with a population of over 49 million is moving quickly to adopt cannabinoid therapy. Lifeline, through Biocannabix pediatric formulations, is poised to successfully obtain a significant market share of the local market.


TRANSACTION DETAILS


Under the terms of the binding agreement, Biocannabix will acquire 100% of the shares on Lifeline Pharma SAS by investing an initial US$850,000 to be deployed during stage one of the projects. The initial investment is comprised of US$125,000 at signing, US$125,000 upon the grant of the initial licenses and a commitment to deploy funds totalling US$600,000 over the next seven months. As part of the transaction, Biocannabix Health Corporation will issue US$3,650,000 in shares representing approximately 41% of the shares outstanding of the wholly owned subsidiary. 


In the event of a major transaction including a sale or a public offering, the shareholders of Lifeline Pharma will also receive an additional US$1.5 million to be settled in shares of Biocannabix or in cash.


Aurelio Useche, CEO of Relevium stated: “The acquisition and partnership with Lifeline Pharma SAS in Colombia represents the single most important development to date for Relevium, our team and our shareholders. This is the culmination of months of strategic re-alignment, negotiations and a lot of hard work by our team and the key stakeholders of Lifeline”. Mr. Useche added:” We are very pleased and proud to partner with the amazing team of Lifeline, including Oscar LIbreros CEO and Hossein Shadanlou COO and look forward to work together to execute on the common mission of providing safe, organically sourced and fully auditable endo-medicinal products for pediatric applications”


Oscar LIbreros, CEO of Lifeline Pharma SAS stated: “With over 150 years of tradition in organic farming and our objective to provide the best medical cannabis extracts and products, we are happy (THRILLED) to join forces and merge with Biocannabix Health Corporation in Canada. We look forward to delivering real value through the disciplined deployment of our operational strategy from Colombia to the world” 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


About Lifeline Pharma


Lifeline Pharma SAS is a privately owned vertically integrated agro-pharma business dedicated to scientific research, grow, extraction, production and export of medicinal grade cannabis derivatives. Incorporated in Cali, Colombia, Lifeline leverages 150 years of organic agriculture located in Rozo, Valle del Cauca, in the heart of the sugar cane enclave, only 7 minutes away from the international airport and 10 minutes away from Cali, the third largest city in the country.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release: Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

30 days

8020Admin posted a press release Relevium Closes Private Placement Financing in RELEVIUM TECHNOLOGIES


MONTREAL, June 11, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce that it has closed a non-brokered private placement financing for a total of 15,350,000 units (the "Units") at $0.08 per Unit, for total gross proceeds of $1,228,000.


Each Unit consists of one common share of Relevium and one common share purchase warrant entitling the holder to purchase one additional common share at $0.12 per share for a period of one year from the date of the issue. Relevium has the right to accelerate the expiry date of the Warrants if, at any time, the average closing price of Relevium’s common shares is equal to or greater than $0.15 for 10 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after Relevium issues a news release announcing that it has elected to exercise this acceleration right.


Proceeds of the private placement will be used for general working capital purposes. In connection with the initial tranche of financing, Relevium paid finders a cash commission totaling $52,000 and issued a total of 320,000 finder's warrants and 320,000 compensation shares. Each finder's warrant has the same terms and conditions as the Warrants.


The securities issued under the financing will be subject to a hold period expiring on October 11, 2019 pursuant to applicable securities laws and the rules of the TSX Venture Exchange.


Directors and officers of the Company subscribed for 312,500 Units under the financing. As a result, the issuance of Units to directors and officers is considered to be a related party transaction subject to TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101. Relevium is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of Multilateral Instrument 61-101 on the basis that participation in the private placement by insiders did not exceed 25% of the fair market value of Relevium’s market capitalization.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:

Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

1 month

8020Admin posted a press release Relevium's Biocannabix Executes LOI to Acquire 30% Interest in Weedsense, a Late Stage Applicant for Standard Processing and Medical Sales License in RELEVIUM TECHNOLOGIES

MONTREAL, June 05, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce its wholly owned subsidiary Biocannabix Health Corporation (“Biocannabix”) has executed an LOI to acquire 30% of Weedsense Inc., a late stage applicant for standard processing and medical sales license.


WEEDSENSE STRATEGIC FIT FOR BIOCANNABIX ENDO-MEDICINAL BUSINESS


Weedsense Inc. (“Weedsense”) is building a wholesale and distribution business in Montreal, Québec. The Company’s business model includes wholesale and bulk products from licensed producers or processors and distributing directly to medical patients through a network of pharmacists or clinics. Weedsense will also service the recreational market by acting as a distributor to provincially-sanctioned wholesalers such as the Ontario Cannabis Store (OCS) or Société Québécoise du Cannabis (SQDC).


Weedsense can also provide secured third-party logistics (3PL) partner for other market participants who seek direct access to the Quebec market. Weedsense has applied for Standard Processing and Medical Sales licenses through Health Canada and is building a euGMP facility in Montreal. The late stage applicant “Weedsense Inc.” expects to be fully licensed no later than Q4 2019 and obtain euGMP certification shortly thereafter.


Biocannabix Health Corporation will entrust Weedsense with the storage, sales and distribution of its endo-medical nutraceuticals and medical food products for the Canadian marketplace including pharmacies and hospitals. Biocannabix mission is to become a leader in providing safe, organically sourced endo-medicinal products for pediatric care into the Canadian market.


Aurelio Useche, CEO of  Relevium stated: “Our investment into Weedsense provides Biocannabix with the capability to import, export, warehouse, packaging and sell to pharmacies and hospitals in a secure and compliant manner. This is another milestone in our vertically integrated model for the Pediatrics market”


Dave Shepard, CEO and Co-Founder of Weedsense Inc. stated: “The idea behind Weedsense from the beginning has been to offer patients the best possible service: amazing products at a fair price, the best customer service possible and timely delivery. I have been successful building out this model already in the beauty space with beautysense.ca and it was clear that a patient centric wholesale/distribution platform was lacking in the cannabis market.”


Sasha Asgary, COO and Co-Founder of Weedsense Inc. stated: “We have had the luxury of building Weedsense after having observed market dynamics for the last two years. We are employing best in class cannabis consultants and engineering firms that have all won awards in their respective categories at industry events and guided us exceptionally well through our licensing process. There is no doubt in our minds that we are building a platform that will win the hearts of patients locally and nationally.”  


TRANSACTION STRUCTURE


Biocannabix has executed an LOI to invest CAD$1.5 million into Weedsense Inc. to obtain an initial 30% interest in the company. In addition to its initial investment, Biocannabix has secured an additional option to acquire 100% of the shares after the grant of the licenses by Health Canada and full construction of the facility for an additional CAD$3.5 million payable in shares of Biocannabix at a valuation equals to that of the eventual series “A” financing of the wholly-owned subsidiary.


The transaction is conditional to the grant of the said licenses by Health Canada, financing and is also subject to the approval to the TSXV Stock Exchange.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release: Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

1 month

8020Admin posted a press release Relevium Provides Corporate Update on Its Medical Cannabis Strategy in RELEVIUM TECHNOLOGIES


MONTREAL, June 03, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to provide a corporate update on the Company’s positioning and strategy regarding medical cannabis and CBD Nutraceuticals.


LEEFYLYFETM BRAND OF HEMP CBD FORMULATIONS


United States
The Food and Drug Administration (the “FDA”), held a key public hearing last Friday regarding its role in regulating cannabis-derived products such as CBD as nutritional supplements. The FDA’s position is that although hemp is no longer an illegal substance under federal law, the FDA continues to regulate cannabis products under the Food, Drug, and Cosmetic Act (“FD&C Act”) and Section 351 of the Public Health Service Act. Therefore, and until their position changes, any cannabis product marketed with a claim of therapeutic benefit, regardless of whether it is hemp-derived, must be approved by the FDA before it can be sold. The statement also confirms that the addition of CBD to food products and dietary supplements is unlawful.


Several constituents presented their cases including consumers in need of CBD for medical purposes, calling for the FDA to allow hemp CBD as a supplement. However, other groups representing the pharmaceutical industry pushed for stricter controls claiming that there is not enough evidence about the benefits from CBD.


The public hearing was the first of many steps towards allowing CBD as a supplement, which would then allow companies like Relevium, who fall under the supplement jurisdiction of the FDA, to provide current and future customers with trusted nutraceutical formulations containing full-spectrum CBD through its LeefyLyfeTM and Bioganix® brands across the US.


Under the FD&C Act, cosmetic products and ingredients are not subject to premarket approval by the FDA as long as the product does not make a health claim. This is important since the Company is also testing skin care formulations under its Push and Pull TM brand formulated with CBD. Although still under AB testing, the new skin care line is expected to produce important growth potential for the Bioganix® family of products.


Abis Hussain, CMO of Relevium Technologies stated “Subject to obtaining a greenlight from our legal counsel on the subject, we plan to release to the market our first skin care line extension with full spectrum hemp CBD oil.” The next seven months of 2019 are expected to be transformational for Relevium and for the health and wellness industry as a whole.


Aurelio Useche stated: “The next step in the FDA’s position to allow CBD as a food additive is for it to be classified as generally recognized as safe (“GRAS”) by qualified experts under the conditions of its intended use. We expect this process will take place this year, therefore making it possible for our brands to offer the wonderful benefits of this herbal supplement to all consumers.”


Europe and the United Kingdom
The European authorities in Europe and the UK have taken similar positions to the US by allowing the sale of full-spectrum hemp oil and hemp CBD as long as no medical claims are made. In Germany, in order to be able to make a medical claim, companies have to register their products with the health authorities to obtain a PZN (Pharma-Zentral-Nummer), which is a national code for medicine identification across Germany needed to make health claims and for the products to be sold through pharmacies in the country.


The Company, through a local partnership, is seeking to have several formulations registered under the PZN number codification and plans to market such products through pharmacies and major health portals in the country.


BIOCANNABIX MEDICAL CANNABIS BUSINESS


Canadian Market
The Canadian market has been the subject of much debate in terms of its ability to effectively supply medical cannabis to health seeking Canadian consumers. In addition to the considerable investment that is required to build-out a compliant facility and tougher regulations in terms of the licensing process, the Canadian market is still “learning” from market wide issues and crop failures leading to poor quality and supply issues across the Country.


Relevium, through its wholly-owned Biocannabix biopharma subsidiary mission is to provide safe, organically sourced medicine for pediatric care into the Canadian market. The Company remains committed to its vertical integration strategy. However, rather than investing into an indoor cultivation and extraction facility in Canada, the Company is currently in discussions with South American based companies to fulfill this important part of its vertical integration.


Aurelio Useche, CEO stated: “In order to provide the right pediatric medicine, we need to control plant genetics, safety, quality and consistency of the extracts. As such, we believe and are committed to the vertical integration of our medical business. South America is our focus in achieving this objective.”


For these reasons, the Company has decided not to pursue a grow and processing facility in Canada. Instead, Biocannabix is currently looking at acquiring a significant interest in a late stage applicant with a focus on sales, import, export, formulating and R&D for Canada, while securing and controlling plant genetics and extracts from South America.


Aurelio Useche, CEO of Relevium Technologies states, “Due to the increased capital costs and risk factors imposed by the Canadian market, we have made the strategic decision to pursue an investment into a late-stage applicant for Standard Processing to expedite our research and sales focus for Canada”. The Company is currently in negotiations to execute an LOI with a late-stage applicant,


Considering Options for Shareholder Value Creation
As Relevium continues to obtain and build strategic cannabis assets under its wholly owned subsidiary “Biocannabix”, management will be reviewing alternatives to ensure shareholders maximize value through a focused and well-defined “vertical” for Biocannabix. Management is examining the ability of its medical cannabis bio-pharma subsidiary to deliver substantial accretive value for its shareholders. The Company expects to update its shareholders on the results of this review over the coming months.    


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release: Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com Website: www.releviumtechnologies.com Like us on Facebook
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8020Admin

1 month

8020Admin posted a press release Relevium Acquires Exclusive Licence From California Based Cannakids® in RELEVIUM TECHNOLOGIES

MONTREAL, May 30, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce that its wholly owned subsidiary Biocannabix Health Corporation Inc., has completed necessary compliance process and obligations for the acquisition for exclusive licensing with cannabis company Cannakids®.


The Company’s Pediatric Cannabinoid Strategy   
Biocannabix Health Corporation, a wholly-owned subsidiary of Relevium is focusing on delivering all the potential health benefits of cannabinoid formulations in full compliance of the legal and regulatory framework to Pediatric patients in Canada. The company will focus initially on nutraceutical formulations aimed at behavioral and developmental conditions including ADHD and Hyperactivity amongst others. The Company’s initial focus will be on education, compliance, branding and developing a fully auditable supply chain of Cannakids products nationwide.


Aurelio Useche, CEO stated: “According to Tecnavio2018, the global pediatric market for medicines will reach 121 billion by 2021 and we intend to lead the way in Endo-Medicinal Nutraceuticals.” Mr. Useche stated further: “We are delighted to have completed this lengthy process and very keen to start working towards building the pathway to the full commercialization of Pediatric Endo-Medicinal Nutraceuticals in partnership with Cannakids®.”


Biocannabix and the Exclusive Cannakids® License
On December 13, 2019 the Company announced it had renegotiated and restructured the original investment transaction in favour of an exclusive license of intellectual property, including formulations, SOPs and patient data for pediatric applications for the Canadian market. Under the exclusive licence agreement, Relevium has made an initial investment of CAD$1.3 Million through the issue of 11,911,111 shares and CAD$200,000 in cash.


The licensing agreement between Biocannabix and Cannakids® grants the exclusive Canadian rights to the CannaKids IP including formulations, SOPs, dosing, titration and patient data with a Royalty on sales of 13%.


Tracy Ryan, CEO of Cannakids®, stated: “The Cannakids team is ecstatic to now be extending our reach into Canada. It has always been our goal to help patients on a global scale, and we are proud to have Relevium as our Canadian partner to help us take that next step in making our dreams a reality. We look forward to helping Canadians find holistic relief from their ailments, all while working towards expanding our research to patients both, young and old.”


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


About Cannakids®
CannaKids.org is a privately held company that has provided CO2 extracted, lab tested cannabis oil products to thousands of patients over the past 4 years. Using nurse guided assistance, the brand has been synonymous with some of the most recognized patient success stories in the world. Catering to Patients of All Ages, Cannakids employs medical experts with dosing expertise that span across hundreds of ailments. The Company has indication specific formulations backed by anecdotal, in-house patient data, recent research, and medical findings from their partners at the Technion Institute in Israel.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release: Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

2 months

8020Admin posted a press release Relevium Launches New Line of High-End Omega Fish Oils Targeting Inflammation, Heart and Vision in RELEVIUM TECHNOLOGIES

MONTREAL, May 24, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company or Relevium”), is pleased to announce that its OTC business has launched a new line of omega fish oils based formulations targeting inflammation, heart and vision care.


High End Omega Based Product Line


The Company has launched an initial two omega formulated products to support heart health and vision care: CardiaProtm and VisionProtm, leading the way to a complete line of scientifically formulated products targeting inflammation.


Inflammation, which is a process by which the body's natural immune response seeks to protect us from infection with foreign organisms, such as bacteria and viruses. However, as a result of our environment and modern lifestyles, our immune response remains on a constant “state of alarm” leading to a constant state of immune response leading to inflammation and causing chronic conditions of pain, inflammation and dysfunction. Our new line of health products leverages the inflammation fighting benefits of the omega spectrum of fatty acids through exclusive targeted formulations to support specific health functions such as heart, vision and joints.


Subject to the positive adoption of cannabidiol as a health supplement by the FDA and complete clearance of the legal context in the US, the company’s OTC business plans to leverage the anti-inflammatory and pain reduction benefits of this cannabinoid, which is the center of much expectation from the Health and Wellbeing market.


Abis Hussain, CMO, stated: “We have started the process of shifting towards scientific based formulations, targeting niche and focused product offerings in high demand, such as is the case of inflammation,” Mr. Hussain stated further “Our Heart and Vision formulations will be sold primarily through social media and through some of our major market places. However, we are also pursuing a brick and click strategy thus extending our offering through health stores.” 


Update on Push and Pulltm Anti-Aging System


Launched earlier this year, the Company’s Push and Pull Anti-Aging System, targeting the Hispanic market in North America, has been successfully deployed in the Puerto Rican market and the company plans to expand its target to South Florida, Texas, California and Mexico.


The company’s Direct Response Campaigns have been tested in several consumer segments and subject to its successful deployment in these Hispanic markets, it plans to open the product offering to other focused demographics in the US.


Aurelio Useche, CEO Stated: “Our entry into the highly competitive Anti-Ageing Market was a bold move by our team, which is why we focused on specific demographics and to understand their specific needs and shopping habits. The North American anti-aging market is estimated to be an $18 Billion business with a steady 5.2% CAGR growth, and our target is to play a niche role in the space.”  


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products.


Relevium operates through two wholly-owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX is our OTC business that markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish an integrated medical cannabis company in the Nutraceutical space targeting pediatric support in conjunction with traditional medical therapies.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:


Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

2 months

8020Admin posted a press release Albertus P. Engelbrecht Files Early Warning Report in RELEVIUM TECHNOLOGIES

MONTREAL, QUEBEC / TheNewswire / May 21, 2019 - Mr. Albertus P. Engelbrecht on 9 Heron Street Durbanville, Cape Town, 7550, Western Cape, South Africa (the "Shareholder") announces the filing of an early warning report in connection with the disposition of 4,213,713 common shares in the capital of Relevium Technologies Inc. (the "Issuer"). The shares were disposed of on May 21, 2019 through a private sale between the Shareholder and the Issuer's Chief Executive Officer, Mr. Aurelio Useche, for an amount of CAD$547,782, equivalent to CAD$0.13 per common share.


Prior to the disposition, the Shareholder beneficially owned, or exercised control or direction over, 15,039,688 (or 12.0%) of the Common Shares. Following the disposition, the Shareholder beneficially owns, or exercises control or direction over, 10,825,975 (or 8.6%) of the Common Shares. The Shareholder does not hold, nor does the Issuer have outstanding, any convertible securities of the Issuer. The Shareholder disposed of the shares of the Issuer for capital purposes and may from time to time increase or decrease his ownership or control of Common Shares of the Issuer depending on market or other conditions.


A copy of the Shareholder's early warning report may be may be obtained on the Issuer's SEDAR profile or by contacting the Shareholder at (514) 710-4569.

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8020Admin

2 months

8020Admin posted a press release Relevium Announces Private Share Purchase by CEO in RELEVIUM TECHNOLOGIES

MONTREAL, May 21, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), announced today that Mr. Aurelio Useche, Chief Executive Officer, has agreed to purchase a total of 4,213,713 common shares of Relevium, representing approximately 3% of Relevium’s total shares outstanding, from Mr. Albertus Engelbrecht in a private transaction.


The total consideration of the transaction is CAD$547,782 equivalent to CAD$0.13 per share.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated medical cannabis company in the Nutraceutical space.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results  to  differ materially  from  those contained  in  forward-looking  statements  or  forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:

Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

2 months

8020Admin posted a press release Relevium Announces Reprice of the 2016 and 2017 Series Warrants in RELEVIUM TECHNOLOGIES

MONTREAL, May 17, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company or Relevium”), announced the re-pricing 12,398,500 warrants series 2017 with an original exercise price of $0.15 and expiring June 16, 2019 and 3,258,000 warrants of series 2016 with an original exercise price of $0.15 and expiring August 16, 2019.


The series 2016 and 2017 have been repriced to $0.10 and the new exercise price is only valid for a period of 29 days starting today and expiring June 15, 2019.


The warrant re-price is subject to final approval by the TSX Venture Exchange.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated medical cannabis company in the Nutraceutical space.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:


Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
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Media Relations posted an update Relevium Technologies presenting in Ste-Therese QC this evening in RELEVIUM TECHNOLOGIES

In front of an attentive audience, Mr. Abbis Hussein, VP of Marketing for Relevium Technologies presents the company’s latest developments in Ste-Therese QC, hosted by MI3 Communications of Montreal



 


 

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Media Relations posted an update Mr. Auralio Useche, President in Brossard in RELEVIUM TECHNOLOGIES

Mr. Auralio Useche, Relevium Technologies President, presenting to a full investor audience last evening for the first time in Brossard, QC, hosted by MI3 Communications of Montreal


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8020Admin

4 months

8020Admin posted a press release Relevium Reports Second Quarter Revenue Bounce Back for Fiscal 2019 in RELEVIUM TECHNOLOGIES

MONTREAL, March 01, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company or Relevium”), is pleased to report second quarter results for fiscal 2019.


Financial highlights for the second quarter of 2019



  • During the second quarter ended December 2018, the Company’s revenue bounced back to $1,006,501 as compared to $968,474 in the second quarter of fiscal 2018. The Company also reported quarter-over-quarter increase in revenues from $985,051 reported for the first quarter of fiscal 2019.

  • Gross margin decreased by three percentage points primarily due to changes in the product mix.

  • Total expenses for the period were $1,571,558 an increase of 5% as compared $1,500,829 in the second quarter of 2018. The Company’s selling and marketing expenses increased to $569,150 for the quarter as compared to 302,580 in the comparable period primarily driven by market and product launches and higher digital advertising costs.

  • Total liabilities as at December 31, 2018 were $2,924,457 as compared to 3,468,499 as at June 30, 2018. The decrease was primarily the result of the conversion of the remaining $1,350,000 of the outstanding convertible debentures into commons shares at a strike price of $0.15. This amount was offset by an increase in the warrant liability to $343,500 from $109,500 as at June 30, 2018.

  • Working capital (current assets – current liabilities) increased to a surplus of $934,306 as compared to a working capital deficiency of 532,187 as at June 30, 2018.   

  • The Company reported a net loss of $1,016,951 for the second quarter as compared to $904,565 in the comparable period last year.


Business and Corporate Development Highlights



  • During the reporting period BGX launched 30 new Bioganix® Gold Series products, which are offered exclusively to Walmart shoppers. The Company’s strategy includes increased brand recognition, marketplace visibility through increased market offerings, all of which are expected to generate new revenue streams from a completely new consumer audience.

  • The Company, through its wholly-owned subsidiary Biocannabix Health Corp., announced the acquisition of an exclusive Canadian license to Cannakids®, a pediatric focused line of medical cannabis formulations. The Company is waiting for final approval by the TSX Venture Exchange and expects to begin the process of building the business infrastructure to educate, obtain approvals, commercialize and conduct research during the 2019 year.   


Financial highlights for the six-month period ended December 31, 2018



  • During the first six months of fiscal 2019 the Company reported revenues of $1,991,552 as compared to $2,121,468 last year. The decrease is primarily the result of changes in the product mix and lower conversions in the Amazon platform relating to changes in search algorithms and the marketing mix.

  • Total expenses for the reporting period were $2,748,132 as compared to $2,263,386 last year. The increase is primarily due to higher in sales and marketing expenses of $407,726 and changes in the fair value of warrants of $234,000.

  • The Company reported a net loss of $1,654,824 for the six-month period ended December 31, 2018 as compared to $1,032,341 for the comparable period last year.


Outlook


The most significant drivers of Relevium’s revenue growth over the next twelve to eighteen months will be the Company's scale-up of new revenue streams from the Company’s expansion into nutri-cosmeceutical direct response sales, evidence-based and benefit focused nutraceutical products sold through social media and direct response channels.


Subject to the clarification of legislation for CBD as a supplement in Europe and the US, management expects to be in a position to fully commercialize its new LeefyLyfeTM formulations and become an important source of revenues for the Company.


The Company anticipates that Biocannabix Health Corp. will establish this year the necessary commercial, educational and research infrastructure in Canada to enable the commercialization of its pediatric licensed brand Cannakids®.


Ongoing disciplined cost management is expected to result in SG&A costs growing modestly as compared to revenue growth over the remainder of the fiscal year.  


Management believes that the combination of new revenue streams and disciplined operating cost structure will position the Company to achieve sustained positive results for fiscal Q4 2019.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products.


Relevium operates through two wholly-owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


The Company’s strategy for growing its brands includes expanding its product offering, adding new distribution channels and developing partnerships that add value through exclusive ingredients. BGX is currently testing a complete line of dietary supplements derived from Cannabis with an initial focus on hemp derived, whole plant organic extract rich in CBD (cannabidiol). The product line will be marketed through its brand LeefyLyfe® and will be sold first in Europe and then North America. The Company uses cannabinoids and ingredients that have achieved GRAS status (generally accepted as safe) to create brands that are sold via wholesale channels, retail channels and online distribution.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated medical cannabis company in the Nutraceutical space. Located in the city of Saint Laurent, the Company is in the process of licensing and retrofitting a facility that will host a genetically focused cannabis growth, extraction, formulation, research and development and encapsulation of proprietary Nutraceutical and Medical products.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:


Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

5 months

8020Admin posted a press release February 8, 2019 2:42 PM Relevium Announces DTC Eligibility for the US Market in RELEVIUM TECHNOLOGIES

MONTREAL, Feb. 08, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”,  OTC: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”) is pleased to announce it has secured eligibility by The Depository Trust Company (DTC) for its shares on the OTC.


DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States. DTC eligibility will simplify the process of trading and is expected to enhance liquidity and overall visibility in the US OTC capital markets, where the Company trades under the symbol "RLLVF".


Aurelio Useche, CEO stated, "DTC eligibility will enable the Company to become accessible to all US investors and institutions, while allowing the Company's trading in the capital markets to be strengthened."


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis.


The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly-owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


The Company’s strategy for growing its brands includes expanding its product offering, adding new distribution channels and developing partnerships that add value through exclusive ingredients. BGX is currently testing a complete line of dietary supplements derived from Cannabis with an initial focus on hemp derived, whole plant organic extract rich in CBD (cannabidiol).


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated research based medical cannabis company in the Nutraceutical space.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.









On Behalf of the Board of Directors

RELEVIUM TECHNOLOGIES INC.

Aurelio Useche
Chief Executive Officer
For more information about this press release:

RELEVIUM TECHNOLOGIES INC

Tel: +1.888.528.8687
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

5 months

8020Admin posted a press release Relevium Launches the Push and Pull System(TM), Targeting a New Revenue Stream in the Burgeoning Cosmeceutical Market in RELEVIUM TECHNOLOGIES

MONTREAL, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”,  OTC: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce the new launch of the Push and Pull System, an innovation in delivering a comprehensive solution for skin care, designed specifically for today’s active women.


THE FIRST EVER The Push and Pull System
The Push & Pull System™ by Bioganix® is the first ever comprehensive natural anti-aging system for complete skin care that combines Collagen Protein supplements (PUSH) and naturally sourced Aloe Vera skin anti-aging cream (PULL). This new launch is targeting a brand-new revenue stream in the burgeoning cosmeceutical market, which is the fastest growing segment of the health and wellness Market.


OUR INITIAL TARGET AUDIENCE: HISPANIC WOMEN IN THE USA
Relevium’s management has made the strategic decision to target Hispanic women initially in the US for its revolutionary Push and Pull System™. Hispanic women represent 17% of the female population in the US or 28 million. According to Nielsen Latina 2.0, Hispanic women are fiscally conscious, culturally influential and are the gatekeeper of the Familia Health. The same report explains that this segment of the US population is known to spend almost 4X as much as Caucasian American women in the health and beauty market.


Relevium is not the only company that believes this is an important market. According to Adage Facts 2018, last year advertisers in the US spent a staggering USD$9.2 billion marketing to 60 million Hispanics or 18% of the total population of the country. Furthermore, this is the fastest growing demographic segment in the US, and it is estimated that Hispanics will represent 30% of the population by 2050, almost doubling today’s numbers.


OUR MARKETING STRATEGY: DIRECT RESPONSE DIGITAL AND TV
The Hispanic population in the US is a powerful consumer of advertising lead primarily by television followed by digital media and radio. As such, Relevium has decided to market Push and Pull System™ primarily through direct response Television and digital media, including social media.


The Company plans to launch its first direct response television campaign, followed by digital and social media in the first quarter of this year. As part of this campaign, the Company has retained Daniela Kosan, a Venezuelan beauty queen, TV presenter, mother and successful businesswoman to be the face of the unique Push and Pull System™.


Aurelio Useche, CEO stated “The launch of Push and Pull System™ in the fasted growing segment of the health and wellness market represents a major milestone for Relevium. The launch of the system in the US Hispanic market provides a focused and disciplined new approach to tailoring product offerings to customer needs of a potentially highly responsive market” Aurelio further commented “We believe with launching TV Commercials for this targeted market, this will help drive a lot value to the Bioganix brand and further increases our revenues”.


Abis Hussain CMO stated “The delivery of this new product bundle is tailored to the fastest growing demographic segment in the US, in which women are the major decision makers in terms of health and wellness for their families. In addition to Direct Response Television, our Company is building the supportive social media infrastructure to ensure the brand quickly gains trusted status in the target market”


To learn more about this new initiative, please join Aurelio Useche CEO, Abis Hussain CMO and Faycal Salek CFO at our upcoming shareholder web conference this Friday February 8, 2019 at 16:30. To register for this conference, please CLICK HERE.   


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis.


The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly-owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


The Company’s strategy for growing its brands includes expanding its product offering, adding new distribution channels and developing partnerships that add value through exclusive ingredients. BGX is currently testing a complete line of dietary supplements derived from Cannabis with an initial focus on hemp derived, whole plant organic extract rich in CBD (cannabidiol). The product line will be marketed through its brand LeefyLyfe® and will be sold first in Europe and then North America. The Company uses cannabinoids and ingredients that have achieved GRAS status (generally accepted as safe) to create brands that are sold via wholesale channels, retail channels and online distribution.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated research based medical cannabis company in the Nutraceutical space.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.









On Behalf of the Board of Directors 

RELEVIUM TECHNOLOGIES INC. 

Aurelio Useche
Chief Executive Officer 
For more information about this press release: 

RELEVIUM TECHNOLOGIES INC 

Tel: +1.888.528.8687
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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Follow us on LinkedIn 

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8020Admin

5 months

8020Admin posted a press release Relevium Announces Investor Web Conference in RELEVIUM TECHNOLOGIES

MONTREAL, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”,  OTC: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce that it will be hosting a town hall webcast on February 8th 2019 after market hours at 16:30 EST to discuss the company’s recent developments and plans for the year.  


Relevium Technologies is pleased to host a town hall information web conference to discuss the company’s developments and answer shareholder inquiries. During the webcast, management will be discussing business development initiatives, product launches and expansion of the Bioganix® brand, the acquisition of Sleipnir and update on the progress of initiatives launched late last year. The Company will also discuss the roll out of the LeefyLyfe™ brand and the newly acquired license for Cannakids® by its Biocannabix business unit.


Read More:  https://quotemedia.com/portal/quote/?qm_symbol=RLV%3ACC&qmodStoryID=5920884140041444 


 

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8020Admin

6 months

8020Admin posted a press release Relevium to Acquire Multi-Brand Company in the UK in RELEVIUM TECHNOLOGIES

MONTREAL, Jan. 23, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company or Relevium”), is pleased to announce it has executed a binding agreement to acquire 100% of the shares of Sleipnir Nutrition Ltd. (“Sleipnir”), a UK health and wellness multi-brand portfolio entrepreneurial company with products in superfood teas, skin care and beauty. The transaction is expected to close before the end of this month.


We are excited to continue to strengthen our branding and global reach capabilities with the strategic acquisition of Sleipnir,” stated Abis Hussain, Chief Marketing Officer of Relevium.


The acquisition is expected to be accretive immediately in terms of its current revenue base which adds initially $500,000 USD to the consolidated topline of the Company while positioning Relevium for growth in the European market. Sleipnir is expected to spearhead all of the Company’s European expansion activities including the introduction of its CBD brand, LeefyLyfe™.


The acquisition of Sleipnir Nutrition Ltd. represents the second transaction after the completion of the acquisition of Bioganix® approximately 16 months ago. Now that we have re-positioned the Bioganix® brand and built the infrastructure for growth, we are ready to resume our M&A strategy. Sleipnir represents an exciting opportunity in terms of brand extension, product diversification and European positioning,” stated Aurelio Useche, CEO of Relevium.


The Acquisition of Sleipnir



  • Broadens and deepens Relevium’s digital marketing, branding and sourcing.

  • Expands brand portfolio with Coco Smile®, Love Superfood Teas®, Nakd Beauty® and Health Collective™

  • Adds new revenue streams, four brands and local presence in the European market

  • Brings strategic new audience and customers across several countries.             


Sleipnir Founder and President Holly Llewellyn joins Relevium in a key leadership role.


The total value of the transaction is estimated to be US$397,725 including $US35,000 in cash at closing, a balance of sale of US$100,000 paid in shares (S$50,000 paid six months after closing and US$50,000 paid twelve months after closing) and debt assumption of US$262,725.   


“I am thrilled to join the Relevium team, which gives us the leverage to expand our brands and exciting product lines in the UK and Europe. The addition of LeefyLyfe TM opens the door to exciting product innovation across our brands; this transaction accelerates our collective opportunities for continued growth and success within the Health and Wellness ecosystem,” stated Holly Llewellyn, Founder of Sleipnir Nutrition Limited.


The transaction is subject to regulatory approval by the TSX Venture Exchange.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


About Sleipnir Nutrition
Sleipnir Nutrition Ltd is a private limited company that owns a portfolio of four health and wellness brands including Coco Smile®, Love Superfood Teas®, Nakd Beauty® and Health Collective™. The company retails its brands through major markets online including Amazon.UK and its native website.


About Relevium Technologies
Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly-owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


The Company’s strategy for growing its brands includes expanding its product offering, adding new distribution channels and developing partnerships that add value through exclusive ingredients. BGX is currently testing a complete line of dietary supplements derived from Cannabis with an initial focus on hemp derived, whole plant organic extract rich in CBD (cannabidiol). The product line will be marketed through its brand LeefyLyfe® and will be sold first in Europe and then North America. The Company uses cannabinoids and ingredients that have achieved GRAS status (generally accepted as safe) to create brands that are sold via wholesale channels, retail channels and online distribution.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated research based medical cannabis company in the Nutraceutical space.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:


Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
Follow us on Twitter
Follow us on LinkedIn

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Relevium Technologies

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Relevium is a publicly traded corporation strategically focused the acquisition of e-retail brands, products and technologies in the health and wellness market. Relevium’s products are part of the $3.72 trillion dollar global wellness industry — one of the fastest growing worldwide markets. Our s...

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8020Admin posted a press release Relevium Signs Exclusivity Agreement With SOSCannabis.com for Reimbursement for Pediatric Patients in RELEVIUM TECHNOLOGIES


MONTREAL, July 10, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), announced today it has executed an exclusivity agreement to partner with SOS cannabis Inc. (“SOSCannabis”), which will provide pediatric customers with the ability to obtain free legal representation to seek reimbursement for the costs of medical cannabinoid therapy from different government agencies for the treatment of medical conditions for pediatric patients.


The partnership agreement will provide Relevium’s pediatric customers with access to an experienced legal and case management team, who will prepare the case file and seek retroactive and prospective reimbursement for parents of pediatric patients at no cost. The agreement provides Relevium with a unique advantage in terms of its business development strategy and first to market positioning in terms of pediatric applications. 


Mr. Aurelio Useche, CEO of Relevium stated: “As we prepare to enter the pediatric endo-medicinal market in Canada with an initial ten (10) CannaKids® formulated products, not only are we providing parents with a natural alternative and/or health support mechanism, but now we are able to provide them with the ability to seek reimbursement from governmental agencies without any costs,” Mr. Useche stated further: “We are extremely happy to work with a team of caring legal professionals that can represent our customers in minimizing the financial burden of cannabinoid therapy.”


Maitre Robert Astell, President of SOSCannabis.com stated “We are delighted to welcome Relevium into our family of medicinal cannabinoid therapy suppliers. The focus and quest of Relevium in terms of pediatric patients is admirable and we look forward to onboarding parents into our fully-automated registration platform and to provide them with the state-of-the-art case management service in fulfilling their need for economic assistance in providing natural medicine to their children.”


Tracy Ryan, CEO of Cannakids® stated: “For years patients have struggled with the high expenses that come along with using cannabis as a medicine. Especially parents to sick children who often lose their jobs due to countless hospital stays and doctor’s appointments. This new opportunity for families is a major step in the right direction. We are elated that more will now have the opportunity to afford this powerful, non-toxic option that we have seen bring unimaginable relief to patients on a global scale.”


About S.O.S Cannabis
SOSCannabis.com is a multi-disciplinary law firm headquartered in Québec, Canada whose objective is to help people that use medical cannabis prescribed by a doctor to seek retroactive and prospective monetary reimbursement through claims made to governmental organizations. SOS Cannabis also provides referral services to a network of medical professionals and medical cannabis suppliers. The company counts with an experienced legal and administrative team to support medical claims with the provincial and federal governments.


About Cannakids®
CannaKids.org is a privately held company that has provided CO2 extracted, lab tested cannabis oil products to thousands of patients over the past 4 years. Using nurse guided assistance, the brand has been synonymous with some of the most recognized patient success stories in the world.


About Relevium Technologies
Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operation of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and United States securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", or "would" occur. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek to rely on the applicable safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:
Tel: +1.888.528.8687
Email: investors@releviumcorp.com Website: www.releviumtechnologies.com


https://www.facebook.com/releviumcorp/
https://ca.linkedin.com/company/relevium-technologies-inc-
https://twitter.com/releviumcorp?lang=en


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8020Admin

8 days

8020Admin posted a press release Relevium's CEO Issues Letter of Clarification to Shareholders in RELEVIUM TECHNOLOGIES


MONTREAL, July 03, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), announced today a letter from Aurelio Useche, CEO to shareholders to clarify misconceptions and rumours in the market about a compliance news release disseminated on July 1, 2019 by the Company pursuant to a request from the OTC Markets Group.


Dear shareholders,


The Management of Relevium or any publicly traded company has the responsibility to dispel unfounded rumours, misinformation or false statements which result in unusual market activity. Misleading and manipulative promotion, positive or negative, clearly fall into this area of concern and must be immediately addressed.


As CEO, director and shareholder of Relevium Technologies Inc. I feel it necessary to issue this letter and issue a clear and direct clarification regarding inaccurate and misleading statements being made by independent blog and referral traffic investor website equity.guru and Mr. Chris Parry. On the article published today, Mr. Parry misleads readers with false allegations, which we feel should be of concern to all investors.


Mr. Parry states that the Company is under “promotional investigation” and provides a misleading opinion stating, “reveals worst disclosure ever”. The fact is that Company is not under any promotional investigation, but rather it was contacted by OTC compliance on June 27th as it became aware of promotional statements made by unrelated third parties with potentially promotional content about Relevium Technologies. On its website on Promotion Policy, the OTC markets states that although a company whose security is being promoted may not be directly involved or even aware of a promotion campaign for their securities, all public companies have an obligation to provide accurate disclosure to investors and quickly address any misleading information that could affect the trading market for their securities. This is why we, upon the request of the OTC, we issued a news release in this regard.  


Mr. Parry dangerously makes the insinuation that the purchase of 4.3M shares by my holding company, which was a private transaction conducted one month prior to the promotional activity are somewhat related. This statement makes Mr. Parry liable for defamation, libel and false light and I am taking this matter very seriously, under the advice of my legal counsel. Mr. Parry fails to disclose that I have never sold a single share, that I have participated on all previous financings of the corporation and that the purchase was made at a significant premium to market (north of 60%) in full compliance and disclosure. Mr. Parry fails to let the readers know that I have a spotless 27-year-old career with an extensive educational and professional background, including 21 untarnished years in the public markets.      


Finally, Mr. Parry provides a misleading connection between the disclosure statements provided by the promotional news outlet and the Company. The fact is, that as disclosed in full compliance with OTC requirements, the Company confirms it was not involved nor recognizes the source of the said promotional newsletter. Regardless of whether Mr. Parry agrees or not with the disclosure statements of the third party, it is a statement used by many US based investor awareness companies. Our Company engages, from time-to-time, third party providers for investor awareness, all of which are standard in the capital markets. In full compliance with the OTC request, our Company provided a detailed list of the companies we have worked with in the last twelve months.


We at Relevium BELIEVE and are fully engaged in the success of our Company. We believe that the market has yet to fully recognize the value of our Company, but we also know that it is the execution of our strategy and not promotion that will eventually bring about the correct market recognition of the value of RLV. However, we also believe that recognition requires we reach a wider audience and we are committed to a fully transparent and compliant disclosure of our activities over the years to come.


Our company benefits from a very loyal and longstanding shareholder base and we will continue to focus on our mission and on building a leading and responsible corporation in the health and wellness market.


We thank you for the trust you have placed on us.


Yours respectfully,


Aurelio Useche, CEO


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operation of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and United States securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", or "would" occur.  Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek to rely on the applicable safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:


Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
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Follow us on LinkedIn



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8020Admin

15 days

8020Admin posted a press release Relevium's Biocannabix Positions Itself as an Important Player in Colombia as it Pursues Endo-Medical Cannabis Strategy for Latin America in RELEVIUM TECHNOLOGIES


MONTREAL, June 26, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. a Health and Wellness portfolio company listed on TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX” (the “Company” or “Relevium”) announced today it is positioning itself as an important player in the Colombian medical cannabis market  by cementing medical and research relationships in the country in order to establish clinical validation programs for its Endo Nutraceutical Supplements (ENS) and Oral Nutritional Supplements.


On June 13th, 2019, the Company announced a binding LOI to acquire LifeLine Pharma SAS, a binding agreement to acquire the shares of Lifeline Pharma SAS, a Cali based cultivation and extraction business in the burgeoning agro-pharma market in Colombia. With a much lower cost of production, a robust commercial and legal framework and a culture that is open to Phyto therapeutic medicine, Colombia is quickly becoming a global center of medical cannabis supply and it is forecasted that the Country will be looking to supply as much as 44% of the World’s demand.


“This is a major strategic step in the development of our Phyto therapeutic biopharma business” stated Aurelio Useche, CEO of Relevium Technologies.


The Company’s subsidiary, Biocannabix Health Corporation, is a vertically integrated medical cannabis company with strategic positioning in three major markets: Canada, Latin America and Europe.


The company’s operations in Montreal allows Biocannabix to leverage leading edge scientific and research platforms as well as government incentives in the province of Quebec. The recent acquisition of LifeLine in Colombia allows the company to leverage lower costs of cultivation and processing as well as to manage its own genetics for the production of targeted Phyto therapeutic formulations. Colombia, Canada and Germany combined are central to the clinical validation program for the ENS and ONS products that will be offered in all three markets.


JUNE 28TH CONFERENCE CALL DETAILS AND REGISTRATION INSTRUCTIONS


As announced last week, Relevium will be hosting a LATAM Strategy Conference Call. In order to register for the call please use the following link. Once registered you will receive your call instructions and you will be able to add the event to your calendar.


Please Click: https://zoom.us/meeting/register/71292b6aa9d728da4ac87b605f06faf5


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


About Lifeline Pharma


Lifeline Pharma SAS is a privately owned vertically integrated agro-pharma business dedicated to scientific research, grow, extraction, production and export of medicinal grade cannabis derivatives. Incorporated in Cali, Colombia, Lifeline leverages 150 years of organic agriculture located in Rozo, Valle del Cauca, in the heart of the sugar cane enclave, only 7 minutes away from the international airport and 10 minutes away from Cali, the third largest city in the country.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:

Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

22 days

8020Admin posted a press release Relevium to Hold Investor Call to Discuss LATAM Strategy June 28, 2019 at 1:00pm EST in RELEVIUM TECHNOLOGIES


MONTREAL, June 19, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. a Health and Wellness portfolio company listed on TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX” (the “Company” or “Relevium”), is pleased to announce it will be holding a shareholder and investor conference call to discuss its Latin American (LATAM) strategy and the upside potential of its recently announced acquisition in Colombia.


It is estimated that Colombia is positioned to supply about 44% of the World’s market for medical cannabis and the acquisition of Lifeline Pharma SAS  (“LifeLine”) in Colombia is set to allow Biocannabix Health Corporation to target two important sources of revenues: (1) EU GMP pharma-grade extracts for export and (2) endo-nutraceutical (ENS) and oral nutritional supplements (ONS) for in-country distribution.


During this 45-minute online videoconference call, Aurelio Useche CEO of Relevium and Oscar Libreros CEO of Lifeline Pharma SAS, will provide insight into the Company’s strategy, financial objectives and discuss expected key milestones for the development of Lifeline Pharma SAS, including:



  • The expected revenue upside from the initial 20 hectares of more than $75 million through B2B exports of pharma-grade medical extracts.

  • The $100 Million opportunity in the Colombian market to introduce nutraceuticals and ONS products for pediatric and geriatric applications through pharmacies and direct to hospitals

  • The ability of Lifeline to generate positive cash flows from operations in the first 12 month of operations

  • The stages of development of the project and ability to expand quickly to 85 hectares to meet global demand

  • The importance of controlling plant genetics and the registration of 668 genetic strains with the ICA, the Instituto Colombiano Agropecuario.

  • Strategic low-cost infrastructure that allows for an estimated stage two capacity of 170,000 Kg of medical cannabis per year with an initial estimated cost of production 0.53$ per gram.

  • The strategic importance of an industrial scale extraction plant in the Pacific Free Zone, a private industrial park located minutes away from the cultivation project.

  • Local partnerships including the International Center for Tropical Agriculture (CIAT), Hospitals, medical clinics and the Colombian Corporation for Agricultural Research (Agrosavia).


CONFERENCE CALL DETAILS AND REGISTRATION INSTRUCTIONS


In order to attend Relevium’s LATAM Strategy Conference Call, please use the following link to pre-register your attendance. Once registered you will receive your call instructions and you will be able to add the event to your calendar.


Please Click: https://zoom.us/meeting/register/71292b6aa9d728da4ac87b605f06faf5


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


About Lifeline Pharma


Lifeline Pharma SAS is a privately owned vertically integrated agro-pharma business dedicated to scientific research, grow, extraction, production and export of medicinal grade cannabis derivatives. Incorporated in Cali, Colombia, Lifeline leverages 150 years of organic agriculture located in Rozo, Valle del Cauca, in the heart of the sugar cane enclave, only 7 minutes away from the international airport and 10 minutes away from Cali, the third largest city in the country.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release: Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

28 days

8020Admin posted a press release Relevium Takes Major Step in Latam to Acquire Lifeline Pharma in Cali, Colombia in RELEVIUM TECHNOLOGIES

MONTREAL, June 13, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce that Biocannabix Health Corporation (“Biocannabix”), a wholly-owned subsidiary of Relevium has executed on June 12, 2019 a binding agreement to acquire the shares of Lifeline Pharma SAS, a Cali based cultivation and extraction business in the burgeoning agro pharma market in Colombia.


KEY HIGHLIGHTS OF THE PARTNERSHIP WITH LIFELINE



  • Best in class partnership for international vertical integration.

  • Combination of Biocannabix focus on Pediatric Endo-Medicine with a large-scale operation with 150 years of sustainable, environmentally responsible and organic agricultural history

  • Located in Rozo, Valle del Cauca, in the heart of the sugar cane enclave seven minutes away from the international airport and 10 minutes away from Cali’s downtown core and a population of over 3M people

  • Multi-stage project with (1) an initial 5 hectares that includes the local offices, a laboratory, a fully enclosed greenhouse for tissue culture and micropropagation and an initial cultivation of over 200,000 square feet in open air green houses, (2) an option to expand to an additional 20 hectares or 2.2 million square feet of open air greenhouse cultivation and (3) the possibility to expand to another additional 60 hectares or 6.5 million square feet of cultivation.

  • Full registration of 668 genetic strains with the ICA, the Instituto Colombiano Agropecuario.

  • Three licenses in progress including (1) extraction and manufacturing, (2) cultivation with THC and (3) non-psychoactive cultivation, all with scientific research, domestic sales and export modalities.

  • Strategic low-cost infrastructure that allows for an estimated stage two flower capacity of 170,000 Kg per year with an initial estimated cost of production 0.53$ per gram.

  • Development of an industrial scale extraction plant in the Pacific Free Zone, a private industrial park located minutes away from the cultivation project. The free zone offers the benefits of the free regime and seeks to promote and develop the process of industrialization of goods, the productive chain and the provision of services, as well as strengthen the competitiveness of its users and customers by taking advantage of the generated opportunities from international trade and bilateral agreements signed by Colombia.

  • Genetics laboratory and agronomic research in the BioParque del Pacifico located in the campus of the International Center for Tropical Agriculture (CIAT) and the Colombian Corporation for agricultural research (Agrosavia).


STRATEGIC FIT FOR GLOBAL SUPPLY AND VERTICAL INTEGRATION


Relevium’s Bio-Pharma arm, Biocannabix, is focused in developing, marketing and selling endo-medicinal formulations on Nutraceuticals and Medical foods aimed primarily to pediatrics. An essential component of the strategy of delivering safe, 100% auditable medicine for pediatric patients is to ensure total control over the genetics, the cultivation and the processing of extracts. The partnership with Lifeline ensures a 100% organically grown product with access to over 600 registered genetic strains, the buildout of an EU GMP extraction facility in the Pacific Free Zone and the ability to trace and fully audit the process from seed to medicine through blockchain technology.


The strict regulation of the Colombian legal regime for cannabis only allow for the export of extracts and finished goods and we aim to service international demand for organically sourced medical cannabis extracts for LATAM, Europe and eventually the Asian continent.   


LOCAL MARKET THAT IS READY TO ADOPT ENDO-MEDICINAL FORMULATIONS    


Traditional remedies and natural medicine are an integral part of Colombian culture and with a fast-growing middle class and entrepreneurial nature, this market with a population of over 49 million is moving quickly to adopt cannabinoid therapy. Lifeline, through Biocannabix pediatric formulations, is poised to successfully obtain a significant market share of the local market.


TRANSACTION DETAILS


Under the terms of the binding agreement, Biocannabix will acquire 100% of the shares on Lifeline Pharma SAS by investing an initial US$850,000 to be deployed during stage one of the projects. The initial investment is comprised of US$125,000 at signing, US$125,000 upon the grant of the initial licenses and a commitment to deploy funds totalling US$600,000 over the next seven months. As part of the transaction, Biocannabix Health Corporation will issue US$3,650,000 in shares representing approximately 41% of the shares outstanding of the wholly owned subsidiary. 


In the event of a major transaction including a sale or a public offering, the shareholders of Lifeline Pharma will also receive an additional US$1.5 million to be settled in shares of Biocannabix or in cash.


Aurelio Useche, CEO of Relevium stated: “The acquisition and partnership with Lifeline Pharma SAS in Colombia represents the single most important development to date for Relevium, our team and our shareholders. This is the culmination of months of strategic re-alignment, negotiations and a lot of hard work by our team and the key stakeholders of Lifeline”. Mr. Useche added:” We are very pleased and proud to partner with the amazing team of Lifeline, including Oscar LIbreros CEO and Hossein Shadanlou COO and look forward to work together to execute on the common mission of providing safe, organically sourced and fully auditable endo-medicinal products for pediatric applications”


Oscar LIbreros, CEO of Lifeline Pharma SAS stated: “With over 150 years of tradition in organic farming and our objective to provide the best medical cannabis extracts and products, we are happy (THRILLED) to join forces and merge with Biocannabix Health Corporation in Canada. We look forward to delivering real value through the disciplined deployment of our operational strategy from Colombia to the world” 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


About Lifeline Pharma


Lifeline Pharma SAS is a privately owned vertically integrated agro-pharma business dedicated to scientific research, grow, extraction, production and export of medicinal grade cannabis derivatives. Incorporated in Cali, Colombia, Lifeline leverages 150 years of organic agriculture located in Rozo, Valle del Cauca, in the heart of the sugar cane enclave, only 7 minutes away from the international airport and 10 minutes away from Cali, the third largest city in the country.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release: Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

30 days

8020Admin posted a press release Relevium Closes Private Placement Financing in RELEVIUM TECHNOLOGIES


MONTREAL, June 11, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce that it has closed a non-brokered private placement financing for a total of 15,350,000 units (the "Units") at $0.08 per Unit, for total gross proceeds of $1,228,000.


Each Unit consists of one common share of Relevium and one common share purchase warrant entitling the holder to purchase one additional common share at $0.12 per share for a period of one year from the date of the issue. Relevium has the right to accelerate the expiry date of the Warrants if, at any time, the average closing price of Relevium’s common shares is equal to or greater than $0.15 for 10 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after Relevium issues a news release announcing that it has elected to exercise this acceleration right.


Proceeds of the private placement will be used for general working capital purposes. In connection with the initial tranche of financing, Relevium paid finders a cash commission totaling $52,000 and issued a total of 320,000 finder's warrants and 320,000 compensation shares. Each finder's warrant has the same terms and conditions as the Warrants.


The securities issued under the financing will be subject to a hold period expiring on October 11, 2019 pursuant to applicable securities laws and the rules of the TSX Venture Exchange.


Directors and officers of the Company subscribed for 312,500 Units under the financing. As a result, the issuance of Units to directors and officers is considered to be a related party transaction subject to TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101. Relevium is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of Multilateral Instrument 61-101 on the basis that participation in the private placement by insiders did not exceed 25% of the fair market value of Relevium’s market capitalization.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:

Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

1 month

8020Admin posted a press release Relevium's Biocannabix Executes LOI to Acquire 30% Interest in Weedsense, a Late Stage Applicant for Standard Processing and Medical Sales License in RELEVIUM TECHNOLOGIES

MONTREAL, June 05, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce its wholly owned subsidiary Biocannabix Health Corporation (“Biocannabix”) has executed an LOI to acquire 30% of Weedsense Inc., a late stage applicant for standard processing and medical sales license.


WEEDSENSE STRATEGIC FIT FOR BIOCANNABIX ENDO-MEDICINAL BUSINESS


Weedsense Inc. (“Weedsense”) is building a wholesale and distribution business in Montreal, Québec. The Company’s business model includes wholesale and bulk products from licensed producers or processors and distributing directly to medical patients through a network of pharmacists or clinics. Weedsense will also service the recreational market by acting as a distributor to provincially-sanctioned wholesalers such as the Ontario Cannabis Store (OCS) or Société Québécoise du Cannabis (SQDC).


Weedsense can also provide secured third-party logistics (3PL) partner for other market participants who seek direct access to the Quebec market. Weedsense has applied for Standard Processing and Medical Sales licenses through Health Canada and is building a euGMP facility in Montreal. The late stage applicant “Weedsense Inc.” expects to be fully licensed no later than Q4 2019 and obtain euGMP certification shortly thereafter.


Biocannabix Health Corporation will entrust Weedsense with the storage, sales and distribution of its endo-medical nutraceuticals and medical food products for the Canadian marketplace including pharmacies and hospitals. Biocannabix mission is to become a leader in providing safe, organically sourced endo-medicinal products for pediatric care into the Canadian market.


Aurelio Useche, CEO of  Relevium stated: “Our investment into Weedsense provides Biocannabix with the capability to import, export, warehouse, packaging and sell to pharmacies and hospitals in a secure and compliant manner. This is another milestone in our vertically integrated model for the Pediatrics market”


Dave Shepard, CEO and Co-Founder of Weedsense Inc. stated: “The idea behind Weedsense from the beginning has been to offer patients the best possible service: amazing products at a fair price, the best customer service possible and timely delivery. I have been successful building out this model already in the beauty space with beautysense.ca and it was clear that a patient centric wholesale/distribution platform was lacking in the cannabis market.”


Sasha Asgary, COO and Co-Founder of Weedsense Inc. stated: “We have had the luxury of building Weedsense after having observed market dynamics for the last two years. We are employing best in class cannabis consultants and engineering firms that have all won awards in their respective categories at industry events and guided us exceptionally well through our licensing process. There is no doubt in our minds that we are building a platform that will win the hearts of patients locally and nationally.”  


TRANSACTION STRUCTURE


Biocannabix has executed an LOI to invest CAD$1.5 million into Weedsense Inc. to obtain an initial 30% interest in the company. In addition to its initial investment, Biocannabix has secured an additional option to acquire 100% of the shares after the grant of the licenses by Health Canada and full construction of the facility for an additional CAD$3.5 million payable in shares of Biocannabix at a valuation equals to that of the eventual series “A” financing of the wholly-owned subsidiary.


The transaction is conditional to the grant of the said licenses by Health Canada, financing and is also subject to the approval to the TSXV Stock Exchange.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release: Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

1 month

8020Admin posted a press release Relevium Provides Corporate Update on Its Medical Cannabis Strategy in RELEVIUM TECHNOLOGIES


MONTREAL, June 03, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to provide a corporate update on the Company’s positioning and strategy regarding medical cannabis and CBD Nutraceuticals.


LEEFYLYFETM BRAND OF HEMP CBD FORMULATIONS


United States
The Food and Drug Administration (the “FDA”), held a key public hearing last Friday regarding its role in regulating cannabis-derived products such as CBD as nutritional supplements. The FDA’s position is that although hemp is no longer an illegal substance under federal law, the FDA continues to regulate cannabis products under the Food, Drug, and Cosmetic Act (“FD&C Act”) and Section 351 of the Public Health Service Act. Therefore, and until their position changes, any cannabis product marketed with a claim of therapeutic benefit, regardless of whether it is hemp-derived, must be approved by the FDA before it can be sold. The statement also confirms that the addition of CBD to food products and dietary supplements is unlawful.


Several constituents presented their cases including consumers in need of CBD for medical purposes, calling for the FDA to allow hemp CBD as a supplement. However, other groups representing the pharmaceutical industry pushed for stricter controls claiming that there is not enough evidence about the benefits from CBD.


The public hearing was the first of many steps towards allowing CBD as a supplement, which would then allow companies like Relevium, who fall under the supplement jurisdiction of the FDA, to provide current and future customers with trusted nutraceutical formulations containing full-spectrum CBD through its LeefyLyfeTM and Bioganix® brands across the US.


Under the FD&C Act, cosmetic products and ingredients are not subject to premarket approval by the FDA as long as the product does not make a health claim. This is important since the Company is also testing skin care formulations under its Push and Pull TM brand formulated with CBD. Although still under AB testing, the new skin care line is expected to produce important growth potential for the Bioganix® family of products.


Abis Hussain, CMO of Relevium Technologies stated “Subject to obtaining a greenlight from our legal counsel on the subject, we plan to release to the market our first skin care line extension with full spectrum hemp CBD oil.” The next seven months of 2019 are expected to be transformational for Relevium and for the health and wellness industry as a whole.


Aurelio Useche stated: “The next step in the FDA’s position to allow CBD as a food additive is for it to be classified as generally recognized as safe (“GRAS”) by qualified experts under the conditions of its intended use. We expect this process will take place this year, therefore making it possible for our brands to offer the wonderful benefits of this herbal supplement to all consumers.”


Europe and the United Kingdom
The European authorities in Europe and the UK have taken similar positions to the US by allowing the sale of full-spectrum hemp oil and hemp CBD as long as no medical claims are made. In Germany, in order to be able to make a medical claim, companies have to register their products with the health authorities to obtain a PZN (Pharma-Zentral-Nummer), which is a national code for medicine identification across Germany needed to make health claims and for the products to be sold through pharmacies in the country.


The Company, through a local partnership, is seeking to have several formulations registered under the PZN number codification and plans to market such products through pharmacies and major health portals in the country.


BIOCANNABIX MEDICAL CANNABIS BUSINESS


Canadian Market
The Canadian market has been the subject of much debate in terms of its ability to effectively supply medical cannabis to health seeking Canadian consumers. In addition to the considerable investment that is required to build-out a compliant facility and tougher regulations in terms of the licensing process, the Canadian market is still “learning” from market wide issues and crop failures leading to poor quality and supply issues across the Country.


Relevium, through its wholly-owned Biocannabix biopharma subsidiary mission is to provide safe, organically sourced medicine for pediatric care into the Canadian market. The Company remains committed to its vertical integration strategy. However, rather than investing into an indoor cultivation and extraction facility in Canada, the Company is currently in discussions with South American based companies to fulfill this important part of its vertical integration.


Aurelio Useche, CEO stated: “In order to provide the right pediatric medicine, we need to control plant genetics, safety, quality and consistency of the extracts. As such, we believe and are committed to the vertical integration of our medical business. South America is our focus in achieving this objective.”


For these reasons, the Company has decided not to pursue a grow and processing facility in Canada. Instead, Biocannabix is currently looking at acquiring a significant interest in a late stage applicant with a focus on sales, import, export, formulating and R&D for Canada, while securing and controlling plant genetics and extracts from South America.


Aurelio Useche, CEO of Relevium Technologies states, “Due to the increased capital costs and risk factors imposed by the Canadian market, we have made the strategic decision to pursue an investment into a late-stage applicant for Standard Processing to expedite our research and sales focus for Canada”. The Company is currently in negotiations to execute an LOI with a late-stage applicant,


Considering Options for Shareholder Value Creation
As Relevium continues to obtain and build strategic cannabis assets under its wholly owned subsidiary “Biocannabix”, management will be reviewing alternatives to ensure shareholders maximize value through a focused and well-defined “vertical” for Biocannabix. Management is examining the ability of its medical cannabis bio-pharma subsidiary to deliver substantial accretive value for its shareholders. The Company expects to update its shareholders on the results of this review over the coming months.    


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release: Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com Website: www.releviumtechnologies.com Like us on Facebook
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8020Admin

1 month

8020Admin posted a press release Relevium Acquires Exclusive Licence From California Based Cannakids® in RELEVIUM TECHNOLOGIES

MONTREAL, May 30, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce that its wholly owned subsidiary Biocannabix Health Corporation Inc., has completed necessary compliance process and obligations for the acquisition for exclusive licensing with cannabis company Cannakids®.


The Company’s Pediatric Cannabinoid Strategy   
Biocannabix Health Corporation, a wholly-owned subsidiary of Relevium is focusing on delivering all the potential health benefits of cannabinoid formulations in full compliance of the legal and regulatory framework to Pediatric patients in Canada. The company will focus initially on nutraceutical formulations aimed at behavioral and developmental conditions including ADHD and Hyperactivity amongst others. The Company’s initial focus will be on education, compliance, branding and developing a fully auditable supply chain of Cannakids products nationwide.


Aurelio Useche, CEO stated: “According to Tecnavio2018, the global pediatric market for medicines will reach 121 billion by 2021 and we intend to lead the way in Endo-Medicinal Nutraceuticals.” Mr. Useche stated further: “We are delighted to have completed this lengthy process and very keen to start working towards building the pathway to the full commercialization of Pediatric Endo-Medicinal Nutraceuticals in partnership with Cannakids®.”


Biocannabix and the Exclusive Cannakids® License
On December 13, 2019 the Company announced it had renegotiated and restructured the original investment transaction in favour of an exclusive license of intellectual property, including formulations, SOPs and patient data for pediatric applications for the Canadian market. Under the exclusive licence agreement, Relevium has made an initial investment of CAD$1.3 Million through the issue of 11,911,111 shares and CAD$200,000 in cash.


The licensing agreement between Biocannabix and Cannakids® grants the exclusive Canadian rights to the CannaKids IP including formulations, SOPs, dosing, titration and patient data with a Royalty on sales of 13%.


Tracy Ryan, CEO of Cannakids®, stated: “The Cannakids team is ecstatic to now be extending our reach into Canada. It has always been our goal to help patients on a global scale, and we are proud to have Relevium as our Canadian partner to help us take that next step in making our dreams a reality. We look forward to helping Canadians find holistic relief from their ailments, all while working towards expanding our research to patients both, young and old.”


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX), based in Orlando, Florida, markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX), based in Montreal, Quebec, is a biopharma nutraceutical company focused on delivering pediatric endo-medicinal nutraceuticals for cannabinoid therapy.


About Cannakids®
CannaKids.org is a privately held company that has provided CO2 extracted, lab tested cannabis oil products to thousands of patients over the past 4 years. Using nurse guided assistance, the brand has been synonymous with some of the most recognized patient success stories in the world. Catering to Patients of All Ages, Cannakids employs medical experts with dosing expertise that span across hundreds of ailments. The Company has indication specific formulations backed by anecdotal, in-house patient data, recent research, and medical findings from their partners at the Technion Institute in Israel.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release: Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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8020Admin

2 months

8020Admin posted a press release Relevium Launches New Line of High-End Omega Fish Oils Targeting Inflammation, Heart and Vision in RELEVIUM TECHNOLOGIES

MONTREAL, May 24, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company or Relevium”), is pleased to announce that its OTC business has launched a new line of omega fish oils based formulations targeting inflammation, heart and vision care.


High End Omega Based Product Line


The Company has launched an initial two omega formulated products to support heart health and vision care: CardiaProtm and VisionProtm, leading the way to a complete line of scientifically formulated products targeting inflammation.


Inflammation, which is a process by which the body's natural immune response seeks to protect us from infection with foreign organisms, such as bacteria and viruses. However, as a result of our environment and modern lifestyles, our immune response remains on a constant “state of alarm” leading to a constant state of immune response leading to inflammation and causing chronic conditions of pain, inflammation and dysfunction. Our new line of health products leverages the inflammation fighting benefits of the omega spectrum of fatty acids through exclusive targeted formulations to support specific health functions such as heart, vision and joints.


Subject to the positive adoption of cannabidiol as a health supplement by the FDA and complete clearance of the legal context in the US, the company’s OTC business plans to leverage the anti-inflammatory and pain reduction benefits of this cannabinoid, which is the center of much expectation from the Health and Wellbeing market.


Abis Hussain, CMO, stated: “We have started the process of shifting towards scientific based formulations, targeting niche and focused product offerings in high demand, such as is the case of inflammation,” Mr. Hussain stated further “Our Heart and Vision formulations will be sold primarily through social media and through some of our major market places. However, we are also pursuing a brick and click strategy thus extending our offering through health stores.” 


Update on Push and Pulltm Anti-Aging System


Launched earlier this year, the Company’s Push and Pull Anti-Aging System, targeting the Hispanic market in North America, has been successfully deployed in the Puerto Rican market and the company plans to expand its target to South Florida, Texas, California and Mexico.


The company’s Direct Response Campaigns have been tested in several consumer segments and subject to its successful deployment in these Hispanic markets, it plans to open the product offering to other focused demographics in the US.


Aurelio Useche, CEO Stated: “Our entry into the highly competitive Anti-Ageing Market was a bold move by our team, which is why we focused on specific demographics and to understand their specific needs and shopping habits. The North American anti-aging market is estimated to be an $18 Billion business with a steady 5.2% CAGR growth, and our target is to play a niche role in the space.”  


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products.


Relevium operates through two wholly-owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX is our OTC business that markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish an integrated medical cannabis company in the Nutraceutical space targeting pediatric support in conjunction with traditional medical therapies.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:


Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
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Follow us on LinkedIn


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8020Admin

2 months

8020Admin posted a press release Albertus P. Engelbrecht Files Early Warning Report in RELEVIUM TECHNOLOGIES

MONTREAL, QUEBEC / TheNewswire / May 21, 2019 - Mr. Albertus P. Engelbrecht on 9 Heron Street Durbanville, Cape Town, 7550, Western Cape, South Africa (the "Shareholder") announces the filing of an early warning report in connection with the disposition of 4,213,713 common shares in the capital of Relevium Technologies Inc. (the "Issuer"). The shares were disposed of on May 21, 2019 through a private sale between the Shareholder and the Issuer's Chief Executive Officer, Mr. Aurelio Useche, for an amount of CAD$547,782, equivalent to CAD$0.13 per common share.


Prior to the disposition, the Shareholder beneficially owned, or exercised control or direction over, 15,039,688 (or 12.0%) of the Common Shares. Following the disposition, the Shareholder beneficially owns, or exercises control or direction over, 10,825,975 (or 8.6%) of the Common Shares. The Shareholder does not hold, nor does the Issuer have outstanding, any convertible securities of the Issuer. The Shareholder disposed of the shares of the Issuer for capital purposes and may from time to time increase or decrease his ownership or control of Common Shares of the Issuer depending on market or other conditions.


A copy of the Shareholder's early warning report may be may be obtained on the Issuer's SEDAR profile or by contacting the Shareholder at (514) 710-4569.

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8020Admin

2 months

8020Admin posted a press release Relevium Announces Private Share Purchase by CEO in RELEVIUM TECHNOLOGIES

MONTREAL, May 21, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), announced today that Mr. Aurelio Useche, Chief Executive Officer, has agreed to purchase a total of 4,213,713 common shares of Relevium, representing approximately 3% of Relevium’s total shares outstanding, from Mr. Albertus Engelbrecht in a private transaction.


The total consideration of the transaction is CAD$547,782 equivalent to CAD$0.13 per share.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated medical cannabis company in the Nutraceutical space.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results  to  differ materially  from  those contained  in  forward-looking  statements  or  forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:

Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC


Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
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8020Admin

2 months

8020Admin posted a press release Relevium Announces Reprice of the 2016 and 2017 Series Warrants in RELEVIUM TECHNOLOGIES

MONTREAL, May 17, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company or Relevium”), announced the re-pricing 12,398,500 warrants series 2017 with an original exercise price of $0.15 and expiring June 16, 2019 and 3,258,000 warrants of series 2016 with an original exercise price of $0.15 and expiring August 16, 2019.


The series 2016 and 2017 have been repriced to $0.10 and the new exercise price is only valid for a period of 29 days starting today and expiring June 15, 2019.


The warrant re-price is subject to final approval by the TSX Venture Exchange.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s premium brands are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated medical cannabis company in the Nutraceutical space.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:


Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
Follow us on Twitter
Follow us on LinkedIn


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Media Relations posted an update Relevium Technologies presenting in Ste-Therese QC this evening in RELEVIUM TECHNOLOGIES

In front of an attentive audience, Mr. Abbis Hussein, VP of Marketing for Relevium Technologies presents the company’s latest developments in Ste-Therese QC, hosted by MI3 Communications of Montreal



 


 

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Media Relations posted an update Mr. Auralio Useche, President in Brossard in RELEVIUM TECHNOLOGIES

Mr. Auralio Useche, Relevium Technologies President, presenting to a full investor audience last evening for the first time in Brossard, QC, hosted by MI3 Communications of Montreal


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8020Admin

4 months

8020Admin posted a press release Relevium Reports Second Quarter Revenue Bounce Back for Fiscal 2019 in RELEVIUM TECHNOLOGIES

MONTREAL, March 01, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company or Relevium”), is pleased to report second quarter results for fiscal 2019.


Financial highlights for the second quarter of 2019



  • During the second quarter ended December 2018, the Company’s revenue bounced back to $1,006,501 as compared to $968,474 in the second quarter of fiscal 2018. The Company also reported quarter-over-quarter increase in revenues from $985,051 reported for the first quarter of fiscal 2019.

  • Gross margin decreased by three percentage points primarily due to changes in the product mix.

  • Total expenses for the period were $1,571,558 an increase of 5% as compared $1,500,829 in the second quarter of 2018. The Company’s selling and marketing expenses increased to $569,150 for the quarter as compared to 302,580 in the comparable period primarily driven by market and product launches and higher digital advertising costs.

  • Total liabilities as at December 31, 2018 were $2,924,457 as compared to 3,468,499 as at June 30, 2018. The decrease was primarily the result of the conversion of the remaining $1,350,000 of the outstanding convertible debentures into commons shares at a strike price of $0.15. This amount was offset by an increase in the warrant liability to $343,500 from $109,500 as at June 30, 2018.

  • Working capital (current assets – current liabilities) increased to a surplus of $934,306 as compared to a working capital deficiency of 532,187 as at June 30, 2018.   

  • The Company reported a net loss of $1,016,951 for the second quarter as compared to $904,565 in the comparable period last year.


Business and Corporate Development Highlights



  • During the reporting period BGX launched 30 new Bioganix® Gold Series products, which are offered exclusively to Walmart shoppers. The Company’s strategy includes increased brand recognition, marketplace visibility through increased market offerings, all of which are expected to generate new revenue streams from a completely new consumer audience.

  • The Company, through its wholly-owned subsidiary Biocannabix Health Corp., announced the acquisition of an exclusive Canadian license to Cannakids®, a pediatric focused line of medical cannabis formulations. The Company is waiting for final approval by the TSX Venture Exchange and expects to begin the process of building the business infrastructure to educate, obtain approvals, commercialize and conduct research during the 2019 year.   


Financial highlights for the six-month period ended December 31, 2018



  • During the first six months of fiscal 2019 the Company reported revenues of $1,991,552 as compared to $2,121,468 last year. The decrease is primarily the result of changes in the product mix and lower conversions in the Amazon platform relating to changes in search algorithms and the marketing mix.

  • Total expenses for the reporting period were $2,748,132 as compared to $2,263,386 last year. The increase is primarily due to higher in sales and marketing expenses of $407,726 and changes in the fair value of warrants of $234,000.

  • The Company reported a net loss of $1,654,824 for the six-month period ended December 31, 2018 as compared to $1,032,341 for the comparable period last year.


Outlook


The most significant drivers of Relevium’s revenue growth over the next twelve to eighteen months will be the Company's scale-up of new revenue streams from the Company’s expansion into nutri-cosmeceutical direct response sales, evidence-based and benefit focused nutraceutical products sold through social media and direct response channels.


Subject to the clarification of legislation for CBD as a supplement in Europe and the US, management expects to be in a position to fully commercialize its new LeefyLyfeTM formulations and become an important source of revenues for the Company.


The Company anticipates that Biocannabix Health Corp. will establish this year the necessary commercial, educational and research infrastructure in Canada to enable the commercialization of its pediatric licensed brand Cannakids®.


Ongoing disciplined cost management is expected to result in SG&A costs growing modestly as compared to revenue growth over the remainder of the fiscal year.  


Management believes that the combination of new revenue streams and disciplined operating cost structure will position the Company to achieve sustained positive results for fiscal Q4 2019.


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products.


Relevium operates through two wholly-owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


The Company’s strategy for growing its brands includes expanding its product offering, adding new distribution channels and developing partnerships that add value through exclusive ingredients. BGX is currently testing a complete line of dietary supplements derived from Cannabis with an initial focus on hemp derived, whole plant organic extract rich in CBD (cannabidiol). The product line will be marketed through its brand LeefyLyfe® and will be sold first in Europe and then North America. The Company uses cannabinoids and ingredients that have achieved GRAS status (generally accepted as safe) to create brands that are sold via wholesale channels, retail channels and online distribution.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated medical cannabis company in the Nutraceutical space. Located in the city of Saint Laurent, the Company is in the process of licensing and retrofitting a facility that will host a genetically focused cannabis growth, extraction, formulation, research and development and encapsulation of proprietary Nutraceutical and Medical products.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:


Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
Follow us on Twitter
Follow us on LinkedIn

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8020Admin

5 months

8020Admin posted a press release February 8, 2019 2:42 PM Relevium Announces DTC Eligibility for the US Market in RELEVIUM TECHNOLOGIES

MONTREAL, Feb. 08, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”,  OTC: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”) is pleased to announce it has secured eligibility by The Depository Trust Company (DTC) for its shares on the OTC.


DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States. DTC eligibility will simplify the process of trading and is expected to enhance liquidity and overall visibility in the US OTC capital markets, where the Company trades under the symbol "RLLVF".


Aurelio Useche, CEO stated, "DTC eligibility will enable the Company to become accessible to all US investors and institutions, while allowing the Company's trading in the capital markets to be strengthened."


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis.


The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly-owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


The Company’s strategy for growing its brands includes expanding its product offering, adding new distribution channels and developing partnerships that add value through exclusive ingredients. BGX is currently testing a complete line of dietary supplements derived from Cannabis with an initial focus on hemp derived, whole plant organic extract rich in CBD (cannabidiol).


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated research based medical cannabis company in the Nutraceutical space.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.









On Behalf of the Board of Directors

RELEVIUM TECHNOLOGIES INC.

Aurelio Useche
Chief Executive Officer
For more information about this press release:

RELEVIUM TECHNOLOGIES INC

Tel: +1.888.528.8687
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
Follow us on Twitter
Follow us on LinkedIn

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8020Admin

5 months

8020Admin posted a press release Relevium Launches the Push and Pull System(TM), Targeting a New Revenue Stream in the Burgeoning Cosmeceutical Market in RELEVIUM TECHNOLOGIES

MONTREAL, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”,  OTC: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce the new launch of the Push and Pull System, an innovation in delivering a comprehensive solution for skin care, designed specifically for today’s active women.


THE FIRST EVER The Push and Pull System
The Push & Pull System™ by Bioganix® is the first ever comprehensive natural anti-aging system for complete skin care that combines Collagen Protein supplements (PUSH) and naturally sourced Aloe Vera skin anti-aging cream (PULL). This new launch is targeting a brand-new revenue stream in the burgeoning cosmeceutical market, which is the fastest growing segment of the health and wellness Market.


OUR INITIAL TARGET AUDIENCE: HISPANIC WOMEN IN THE USA
Relevium’s management has made the strategic decision to target Hispanic women initially in the US for its revolutionary Push and Pull System™. Hispanic women represent 17% of the female population in the US or 28 million. According to Nielsen Latina 2.0, Hispanic women are fiscally conscious, culturally influential and are the gatekeeper of the Familia Health. The same report explains that this segment of the US population is known to spend almost 4X as much as Caucasian American women in the health and beauty market.


Relevium is not the only company that believes this is an important market. According to Adage Facts 2018, last year advertisers in the US spent a staggering USD$9.2 billion marketing to 60 million Hispanics or 18% of the total population of the country. Furthermore, this is the fastest growing demographic segment in the US, and it is estimated that Hispanics will represent 30% of the population by 2050, almost doubling today’s numbers.


OUR MARKETING STRATEGY: DIRECT RESPONSE DIGITAL AND TV
The Hispanic population in the US is a powerful consumer of advertising lead primarily by television followed by digital media and radio. As such, Relevium has decided to market Push and Pull System™ primarily through direct response Television and digital media, including social media.


The Company plans to launch its first direct response television campaign, followed by digital and social media in the first quarter of this year. As part of this campaign, the Company has retained Daniela Kosan, a Venezuelan beauty queen, TV presenter, mother and successful businesswoman to be the face of the unique Push and Pull System™.


Aurelio Useche, CEO stated “The launch of Push and Pull System™ in the fasted growing segment of the health and wellness market represents a major milestone for Relevium. The launch of the system in the US Hispanic market provides a focused and disciplined new approach to tailoring product offerings to customer needs of a potentially highly responsive market” Aurelio further commented “We believe with launching TV Commercials for this targeted market, this will help drive a lot value to the Bioganix brand and further increases our revenues”.


Abis Hussain CMO stated “The delivery of this new product bundle is tailored to the fastest growing demographic segment in the US, in which women are the major decision makers in terms of health and wellness for their families. In addition to Direct Response Television, our Company is building the supportive social media infrastructure to ensure the brand quickly gains trusted status in the target market”


To learn more about this new initiative, please join Aurelio Useche CEO, Abis Hussain CMO and Faycal Salek CFO at our upcoming shareholder web conference this Friday February 8, 2019 at 16:30. To register for this conference, please CLICK HERE.   


About Relevium Technologies


Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis.


The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly-owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


The Company’s strategy for growing its brands includes expanding its product offering, adding new distribution channels and developing partnerships that add value through exclusive ingredients. BGX is currently testing a complete line of dietary supplements derived from Cannabis with an initial focus on hemp derived, whole plant organic extract rich in CBD (cannabidiol). The product line will be marketed through its brand LeefyLyfe® and will be sold first in Europe and then North America. The Company uses cannabinoids and ingredients that have achieved GRAS status (generally accepted as safe) to create brands that are sold via wholesale channels, retail channels and online distribution.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated research based medical cannabis company in the Nutraceutical space.


Cautionary Note Regarding Forward-Looking Statements


This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.









On Behalf of the Board of Directors 

RELEVIUM TECHNOLOGIES INC. 

Aurelio Useche
Chief Executive Officer 
For more information about this press release: 

RELEVIUM TECHNOLOGIES INC 

Tel: +1.888.528.8687
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
Like us on Facebook
Follow us on Twitter
Follow us on LinkedIn 

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8020Admin

5 months

8020Admin posted a press release Relevium Announces Investor Web Conference in RELEVIUM TECHNOLOGIES

MONTREAL, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V: “RLV”,  OTC: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce that it will be hosting a town hall webcast on February 8th 2019 after market hours at 16:30 EST to discuss the company’s recent developments and plans for the year.  


Relevium Technologies is pleased to host a town hall information web conference to discuss the company’s developments and answer shareholder inquiries. During the webcast, management will be discussing business development initiatives, product launches and expansion of the Bioganix® brand, the acquisition of Sleipnir and update on the progress of initiatives launched late last year. The Company will also discuss the roll out of the LeefyLyfe™ brand and the newly acquired license for Cannakids® by its Biocannabix business unit.


Read More:  https://quotemedia.com/portal/quote/?qm_symbol=RLV%3ACC&qmodStoryID=5920884140041444 


 

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8020Admin

6 months

8020Admin posted a press release Relevium to Acquire Multi-Brand Company in the UK in RELEVIUM TECHNOLOGIES

MONTREAL, Jan. 23, 2019 (GLOBE NEWSWIRE) -- Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company or Relevium”), is pleased to announce it has executed a binding agreement to acquire 100% of the shares of Sleipnir Nutrition Ltd. (“Sleipnir”), a UK health and wellness multi-brand portfolio entrepreneurial company with products in superfood teas, skin care and beauty. The transaction is expected to close before the end of this month.


We are excited to continue to strengthen our branding and global reach capabilities with the strategic acquisition of Sleipnir,” stated Abis Hussain, Chief Marketing Officer of Relevium.


The acquisition is expected to be accretive immediately in terms of its current revenue base which adds initially $500,000 USD to the consolidated topline of the Company while positioning Relevium for growth in the European market. Sleipnir is expected to spearhead all of the Company’s European expansion activities including the introduction of its CBD brand, LeefyLyfe™.


The acquisition of Sleipnir Nutrition Ltd. represents the second transaction after the completion of the acquisition of Bioganix® approximately 16 months ago. Now that we have re-positioned the Bioganix® brand and built the infrastructure for growth, we are ready to resume our M&A strategy. Sleipnir represents an exciting opportunity in terms of brand extension, product diversification and European positioning,” stated Aurelio Useche, CEO of Relevium.


The Acquisition of Sleipnir



  • Broadens and deepens Relevium’s digital marketing, branding and sourcing.

  • Expands brand portfolio with Coco Smile®, Love Superfood Teas®, Nakd Beauty® and Health Collective™

  • Adds new revenue streams, four brands and local presence in the European market

  • Brings strategic new audience and customers across several countries.             


Sleipnir Founder and President Holly Llewellyn joins Relevium in a key leadership role.


The total value of the transaction is estimated to be US$397,725 including $US35,000 in cash at closing, a balance of sale of US$100,000 paid in shares (S$50,000 paid six months after closing and US$50,000 paid twelve months after closing) and debt assumption of US$262,725.   


“I am thrilled to join the Relevium team, which gives us the leverage to expand our brands and exciting product lines in the UK and Europe. The addition of LeefyLyfe TM opens the door to exciting product innovation across our brands; this transaction accelerates our collective opportunities for continued growth and success within the Health and Wellness ecosystem,” stated Holly Llewellyn, Founder of Sleipnir Nutrition Limited.


The transaction is subject to regulatory approval by the TSX Venture Exchange.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


About Sleipnir Nutrition
Sleipnir Nutrition Ltd is a private limited company that owns a portfolio of four health and wellness brands including Coco Smile®, Love Superfood Teas®, Nakd Beauty® and Health Collective™. The company retails its brands through major markets online including Amazon.UK and its native website.


About Relevium Technologies
Relevium is a publicly-traded company that operates in the health and wellness industry, including legal cannabis, with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the Health and Wellness markets and medical cannabis. The Company pursues its business strategy through an acquisition and partnership model in a holistic approach to encompass a wide range of health and wellness consumer products. Relevium operates through two wholly-owned subsidiaries:


BGX E-Health LLC (BGX): Based in Orlando, Florida, BGX markets dietary supplements, nutraceuticals, sports nutrition and cosmeceuticals primarily through its Bioganix® brand portfolio in the US and Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s largest retailers including such as Walmart.com and Amazon.com.


The Company’s strategy for growing its brands includes expanding its product offering, adding new distribution channels and developing partnerships that add value through exclusive ingredients. BGX is currently testing a complete line of dietary supplements derived from Cannabis with an initial focus on hemp derived, whole plant organic extract rich in CBD (cannabidiol). The product line will be marketed through its brand LeefyLyfe® and will be sold first in Europe and then North America. The Company uses cannabinoids and ingredients that have achieved GRAS status (generally accepted as safe) to create brands that are sold via wholesale channels, retail channels and online distribution.


Biocannabix Health Corporation (BCX): Based in Montreal, Quebec, BCX is an entrepreneurial venture to establish a vertically integrated research based medical cannabis company in the Nutraceutical space.


Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds.


Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.


On Behalf of the Board of Directors


RELEVIUM TECHNOLOGIES INC.


Aurelio Useche
President and CEO


For more information about this press release:


Tel: +1.888.528.8687


RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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