For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca.
Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of integrative mental health clinics and operates a full-service contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics and clinical research sites. The Shares will also no longer be posted for trading on the OTCQB.įull details of the Transaction are described in the Company's management information circular dated May 6, 2022, which is available on the Company's SEDAR profile at About Novamind Following completion of the Transaction it is anticipated that Novamind Shares will be delisted from the Canadian Securities Exchange and the Company will cease to be a reporting issuer under applicable Canadian securities law. Assuming all conditions to closing of the Transaction are satisfied or waived, the Transaction is expected to be completed on or about June 10, 2022. The application for the final order from the Court is scheduled to be heard on June 10, 2022. The completion of the Transaction is also conditional upon the approval of the Supreme Court of British Columbia (the "Court") and satisfaction of other customary approvals including regulatory and third-party approvals. The Transaction required approval by not less than two-thirds (66⅔%) of the votes cast by Shareholders present in person or represented by proxy and entitled to vote at the Meeting, and by a simple majority of the votes cast by Shareholders present in person or represented by proxy and entitled to vote at the Meeting, other than the persons required to be excluded for the purpose of such vote pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101").Ī total of 28,403,240 Novamind Shares were voted at the Meeting in-person or by proxy, representing approximately 57.0% of the issued and outstanding Novamind Shares as at May 2, 2022, with 98.5% voting in favor of the Transaction (96.5% after excluding the votes required to be excluded in determining minority approval pursuant to MI 61-101). Numinus shareholders have also voted to approve the acquisition of Novamind in a separate meeting of Numinus shareholders held today. ("Numinus") in an all-share transaction (the "Transaction").
TORONTO, ON / ACCESSWIRE / J/ Novamind Inc.(CSE:NM)(OTCQB:NVMDF)(FSE:HN2) ("Novamind" or the "Company"), a leading mental health company specialized in psychedelic medicine, is pleased to announce that at its special meeting (the "Meeting") of its holders (the "Shareholders") of common shares (the "Novamind Shares") held today, Shareholders voted to approve the previously announced proposed acquisition of Novamind by Numinus Wellness Inc. Transaction expected to be completed on or about June 10, 2022 Numinus shareholders, at a separate meeting held today, have also approved the resolutions related to the Transaction Any failure to comply with this restriction may constitute a violation of U.S. Newswire Services or for dissemination in the United States.