Magnolia Colombia Ltd.

Magnolia Colombia Ltd. is pleased to announce that, in connection with the proposed transaction with Gamesquare Inc. as described in press releases dated February 10, 2020, February 26, 2020 and March 20, 2020 , it intends to complete a non-brokered private placement financing of up to 12,000,000 units at a price of $0.25 per Unit for gross [...]

Magnolia Colombia is pleased to announce that the TSX Venture Exchange has approved a secured loan to Gamesquare Inc. in the principal amount of up to $250,000 pursuant to a grid promissory note and general security agreement each dated March 19, 2020. The Target Loan bears interest at 10% per annum, is secured by all present and after-acquired [...]

Magnolia Colombia Ltd. wishes to provide additional information concerning the background to its proposed transaction with Gamesquare Inc. as outlined in the press release dated February 10, 2020. Magnolia and the Target have entered into a definitive amalgamation agreement dated February 26, 2020 pursuant to which Magnolia will acquire of all of [...]

Magnolia Colombia Ltd. is pleased to announce that it has entered into a letter of intent dated February 10, 2020 pursuant to which the Company will acquire all of the issued and outstanding shares in the capital of Gamesquare Inc., an arm's length third party, pursuant to a reverse-takeover transaction . In connection with the completion of the [...]

Magnolia Colombia Ltd. announces that its letter of intent with Lendified Holdings Inc. entered into on November 7, 2019 , has been terminated pursuant to its terms effective immediately. Pursuant to the LOI, Magnolia and Lendified were to complete a business combination that would result in a reverse take-over of Magnolia. Magnolia continues to [...]

Magnolia Colombia Ltd. is pleased to announce that it has entered into a binding letter of intent dated November 7, 2019 with Lendified Holdings Inc. to effect a business combination of the two companies . The Proposed Transaction will be an arm’s length transaction and constitute a reverse takeover of the Corporation by Lendified and its [...]

Magnolia Colombia Ltd. wishes to announce that its letter of intent with PCT LTD. , as previously announced on April 1, 2019 , has been terminated pursuant to its terms effective immediately. Pursuant to the LOI, Magnolia and PCT were to complete a business combination that would result in a reverse take-over of Magnolia. Trading in [...]

Magnolia Colombia Ltd. is pleased to announce that it has entered into a letter of intent dated March 27, 2019 pursuant to which the Company will acquire all of the issued and outstanding shares in the capital of PCT LTD., an arms length third party, pursuant to a reverse-takeover transaction . In connection with the completion of the RTO, the [...]

Magnolia Colombia Ltd. is pleased to welcome Neil Said to its board of directors effective immediately. Mr. Said is a corporate securities lawyer who works as a legal consultant to various Toronto Stock Exchange and TSX Venture Exchange listed companies in the mining, oil & gas and technology industries. He also sits on the board of directors of [...]

Magnolia Colombia Ltd. is pleased to welcome Chris Eben to its board of directors effective immediately. Mr. Eben is a Managing Partner at TWG, a product consultancy with deep expertise in digital strategy, product design and engineering. He is a board member, speaker and active investor with a portfolio of more than 25 startups throughout the US [...]