CALGARY, AB, Might 12, 2025/ PRNewswire/ – Willow Biosciences Inc. (“ Willow” or the “ Business“) WLLW CANSF, reveals its unaudited combined interim monetary declarations and associated management’s conversation and analysis (“ MD&A“) for the quarter ended March 31, 2025, are offered on the Business’s SEDAR+ profile at www.sedarplus.ca.
About Willow Biosciences
Willow Biosciences Inc. is a corporation existing under the laws of the Province of Alberta Up until the sale of its operating subsidiary for money earnings on April 30, 2025, the Business established and produced accuracy fermented components for the health and health, food and drink, and individual care markets. Following conclusion of the personality, the Business no longer has an active organization. The Business’s Typical Shares are presently noted on the TSX under the trading sign “WLLW”.
On Might 7, 2025, the Business revealed that it participated in a conclusive reorganization and financial investment arrangement (the “ Contract“) with Mark Hodgson, Don Kornelsen, Ryan Giroux, Blair Anderson and Richard Naden which offers: (i) a non-brokered equity personal positioning for gross earnings of C$ 30.0 million (the “ Personal Positioning“); (ii) the consultation of a brand-new executive group and the reconstitution of the board of directors of the Business; and (iii) a modification of the Business’s name to “Atlas Energy Corp.” (jointly, the “ Deal“). The investors of the Business will be asked to authorize, at an unique conference required such function on June 16, 2025, a combination of the typical shares of the Business (the “C ommon Shares“) on the basis of one post-consolidation Typical Share for each 5 pre-consolidation Typical Shares (the “ Combination“) to please the rates requirements of the TSX Endeavor Exchange (the “ TSXV“) in connection with the proposed listing on the TSXV. The conclusion of the Deal is anticipated to happen on or about June 19, 2025 (the “ Closing“), based on particular closing conditions, consisting of the approval of the TSXV and the conclusion of the Combination. Following Closing, the Typical Shares are anticipated to trade on the TSXV on a post-Consolidation basis under the name “Atlas Energy Corp.” and brand-new stock sign “ATLE”. The Typical Shares will be delisted from the Toronto Stock market concurrent with Closing.
Following the conclusion of the Deal and the proposed listing on the TSXV pursuant to the TSXV Sandbox program, the recapitalized Business will be a worldwide upstream royalty and streaming business concentrated on the recognition, acquisition, management and money making of a well-diversified portfolio of global upstream oil and gas royalty and streaming deals. The Business will likewise examine royalty and streaming chances in the North American market ought to such chances appear at comparable appealing metrics.
Reader Advisory
Conclusion of the Deal undergoes a variety of conditions, consisting of however not restricted to, the approval of the TSXV. There can be no guarantee that the Deal will be finished as proposed or at all.
The TSX Endeavor Exchange has in no chance passed upon the benefits of the Deal and has actually neither authorized nor the contents of this news release.
Financiers are recommended that the Business is anticipated to be noted on TSXV as a TSXV Sandbox Listing as the Business will not fulfill all TSXV’s listing requirements at the time of listing. For information on TSXV Sandbox, please check out (https://www.tsx.com/en/listings/tsx-and-tsxv-issuer- resources/tsx-venture-exchange- provider resources/tsxv-sandbox).
Positive and Cautionary Declarations
This press release includes positive declarations and positive info within the significance of appropriate securities laws. Making use of any of the words “anticipate”, “expect”, “continue”, “price quote”, “unbiased”, “continuous”, “might”, “will”, “job”, “ought to”, “think”, “strategies”, “means” and comparable expressions are planned to determine positive info or declarations. More especially and without constraint, this press release includes forward looking declarations and info worrying: the Deal, consisting of the size, terms and conclusion of the Personal Positioning; the application to the TSXV in regard of the Deal; the timing and capability of the Business to start trading on the TSXV (if at all); and business and operations of the Business; the conclusion, ratio and timing of the Combination; the recapitalized Business’s business method; and other awaited advantages of the Deal.
The positive declarations and info are based upon particular crucial expectations and presumptions made by the Business, consisting of expectations and presumptions worrying the Deal, the Combination, the TSXV and regulative approvals, the fulfillment of other closing conditions in accordance with the regards to the Contract and the capability of the brand-new executive group to carry out the business method of the recapitalized Business. Although the Business thinks that the expectations and presumptions on which such positive declarations and info are based are affordable, unnecessary dependence ought to not be put on the forward looking declarations and info due to the fact that the Business can provide no guarantee that they will show to be proper. By its nature, such positive info undergoes numerous dangers and unpredictabilities, which might trigger the real outcomes and expectations to vary materially from the prepared for outcomes or expectations revealed.
These dangers and unpredictabilities, consist of, however are not restricted to, the celebrations being not able to get the needed TSXV approvals, changes in product rates, modifications in market guidelines and political landscape both locally and abroad, forex or rate of interest, stock exchange volatility, the imposition or growth of tariffs enforced by domestic and foreign federal governments or the imposition of other limiting trade steps, vindictive or countermeasures carried out by such federal governments, consisting of the intro of regulative barriers to trade and the prospective result on the need and/or market value for the oil and gas production and/or otherwise negatively impacts the Business, the schedule of financial investment chances satisfying the brand-new executive group’s financial investment requirements, the retention of crucial management and staff members and getting needed approvals of regulative authorities. Readers are warned not to put unnecessary dependence on this positive info, which is offered since the date hereof, and to not utilize such positive info for anything besides its desired function. The Business carries out no commitment to upgrade openly or modify any positive info, whether as an outcome of brand-new info, future occasions or otherwise, other than as needed by law.
SOURCE Willow Biosciences Inc.