{"id":383940,"date":"2020-11-18T08:33:14","date_gmt":"2020-11-18T13:33:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383940"},"modified":"2020-11-18T08:33:14","modified_gmt":"2020-11-18T13:33:14","slug":"psychedelic-focused-media-e-commerce-and-event-company-delic-holdings-to-begin-trading-on-the-canadian-securities-exchange-under-ticker-symbol-delc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/psychedelic-focused-media-e-commerce-and-event-company-delic-holdings-to-begin-trading-on-the-canadian-securities-exchange-under-ticker-symbol-delc\/","title":{"rendered":"Psychedelic-focused Media, E-commerce and Event Company DELIC Holdings to Begin Trading on the Canadian Securities Exchange Under Ticker Symbol \u201cDELC\u201d"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, Nov.  18, 2020  (GLOBE NEWSWIRE) &#8212; Delic Holdings Inc. (\u201c<strong>DELIC<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d), a psychedelic-focused media, e-commerce and event company, is pleased to announce that effective at market open today, the Company will begin trading on the Canadian Securities Exchange under the ticker symbol \u201cDELC.\u201d<\/p>\n<p align=\"justify\">Jackee Stang, CEO of DELIC comments \u201cCanada has consistently shown leadership in helping cannabis and now psychedelics emerge from false stigmas. Canada was the first G7 country to legalize cannabis, and as psychedelics further gain ground on what may appear as false stigmas, the health and wellness sector will only grow. As such, the DELIC community is deeply proud to be a part of the Canadian Securities Exchange. We started DELIC to mainstream the psychedelic conversation, advocate for cognitive freedom and ultimately see an end to the War on Drugs.\u201d<\/p>\n<p align=\"justify\">Ms. Stang continued, \u201cAs the first ever psychedelic wellness corporation, it is our mission to open the doors of psychedelic healing to the masses. We decided to take DELIC public because we believe that psychedelic wellness should be open to everyone&#8230; All people from diverse backgrounds and varied life experiences. DELIC is the first ever psychedelic wellness company designed to disrupt the status quo by diversifying our operations, maintaining sensible messaging and intentionally avoiding dogmatic practices or binary rhetoric. We believe in being pragmatic and maintaining a clear-headed approach as the psychedelic sector continues to build.\u201d<\/p>\n<p align=\"justify\">In conjunction with the previously-announced business combination with Molystar Resources Inc., DELIC raised \u200e$3,475,500 \u200ethrough a non-\u200ebrokered private placement offering.<\/p>\n<p align=\"justify\">On November 17, 2020, the Company issued an aggregate of 3,450,000 options to directors, officers and certain advisors pursuant to the Company\u2019s share compensation plan \u2014 each with an exercise price of $0.25, vesting as to 1\/3 of such options on each of the 6, 12 and 18-month anniversaries, and expiring in three years.<\/p>\n<p align=\"justify\">\n        <strong>About DELIC <\/strong>\n      <\/p>\n<p align=\"justify\">DELIC was formed in 2019 to address the growing \u200einterest in psychedelic science. DELIC was the \u200efirst psychedelic umbrella media \u200eplatform and is currently a trusted source for those interested in \u200epsychedelic science. \u200eDELIC\u2019s offerings include \u201cThe Delic\u201d, an e-commerce lifestyle brand, \u200e\u200e\u201dReality Sandwich\u201d, a free public education platform providing psychedelic guides, news and \u200eculture and \u201cMeet Delic\u201d, a proposed biannual psychedelic wellness summit. \u200eFor more information, check out www.deliccorp.com.<\/p>\n<p align=\"justify\">\n        <strong>Contact<\/strong><br \/>\n        <br \/>Daniel Southan-Dwyer<br \/>Corporate Development<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=byUpRuR9mHyEqZc12MSuk2Kh5Yy-gWLqDGQ0ddc3OkDtKr69p1p_H360uGI04PyccjEgeM1yTUP7ByiZKsqCuw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">dsd@deliccorp.com<\/a><\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>The Canadian Securities Exchange \u200ehas neither approved nor disapproved the contents of this news release and does not accept responsibility \u200efor the adequacy or accuracy of this release.\u200e<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities \u200ein the United States. The securities have not been and will not be registered \u200eunder the United States \u200eSecurities Act of 1933, as amended (the \u201c<\/em><br \/>\n        <strong><br \/>\n          <em>U.S. Securities Act<\/em><br \/>\n        <\/strong><br \/>\n        <em>\u201d), or any state \u200esecurities laws and may not be offered or \u200esold within the United States unless registered under the U.S. \u200eSecurities Act and applicable state securities laws or an \u200eexemption from such registration is available.\u200e<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Information and Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains certain \u201cforward-looking information\u201d within the meaning of applicable \u200eCanadian securities \u200elegislation and may also contain statements that may constitute \u201cforward-looking \u200estatements\u201d within the meaning of \u200ethe safe harbor provisions of the United States Private Securities \u200eLitigation Reform Act of 1995. Such forward-looking \u200einformation and forward-looking statements are not \u200erepresentative of historical facts or information or current \u200econdition, but instead represent only the \u200eCompany\u2019s beliefs regarding future events, plans or objectives, many of \u200ewhich, by their nature, are \u200einherently uncertain and outside of DELIC\u2019s control. Generally, such forward-looking \u200einformation or \u200eforward-looking statements can be identified by the use of forward-looking terminology such as \u200e\u200e\u201dplans\u201d, \u200e\u200e\u201dexpects\u201d or \u201cdoes not expect\u201d, \u201cis expected\u201d, \u201cbudget\u201d, \u201cscheduled\u201d, \u201cestimates\u201d, \u201cforecasts\u201d, \u201cintends\u201d, \u200e\u200e\u200e\u201danticipates\u201d or \u201cdoes not anticipate\u201d, or \u201cbelieves\u201d, or variations of such words and phrases or may \u200econtain \u200estatements that certain actions, events or results \u201cmay\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d or \u201cwill be \u200etaken\u201d, \u201cwill continue\u201d, \u200e\u200e\u201dwill occur\u201d or \u201cwill be achieved\u201d. The forward-looking information and forward-\u200elooking statements contained herein \u200emay include, but are not limited to, information concerning listing on the Canadian Securities Exchange, anticipated continued growth in the health and wellness sector (and, in particular, related to psychedelics), the continued emergence of psychedelics from stigmas, the ability of the Company to maintain sensible messaging, the ability of the Company to avoid dogmatic practices and binary rhetoric\u200e, the ability of DELIC to successfully achieve business \u200eobjectives, \u200eand expectations \u200efor other economic, \u200ebusiness, and\/or competitive factors.\u200e<\/p>\n<p align=\"justify\">By identifying such information and statements in this manner, DELIC is alerting the reader that \u200esuch \u200einformation and statements are subject to known and unknown risks, uncertainties and other factors \u200ethat may cause \u200ethe actual results, level of activity, performance or achievements of DELIC to be \u200ematerially different from those \u200eexpressed or implied by such information and statements. In addition, in \u200econnection with the forward-looking \u200einformation and forward-looking statements contained in this press \u200erelease, DELIC has made certain \u200eassumptions. Among the key factors that could cause actual \u200eresults to differ materially from those projected in the \u200eforward-looking information and statements are the \u200efollowing: the ability to consummate the Proposed Transaction; \u200ethe ability to \u200eobtain requisite regulatory and securityholder approvals and the satisfaction of \u200eother conditions to the \u200econsummation of the Proposed Transaction on the proposed terms and schedule; the ability to \u200esatisfy the \u200econditions to the conversion of the Subscription \u200e\u200eReceipts (as defined in the Previous Press Release); the potential impact of the announcement or consummation of the Proposed Transaction on \u200erelationships, \u200eincluding with regulatory bodies, employees, suppliers, customers and competitors; \u200echanges in general economic, \u200ebusiness and political conditions, including changes in the financial \u200emarkets; changes in applicable laws; compliance \u200ewith extensive government regulation; and the diversion \u200eof management time on the Proposed Transaction.\u200e<\/p>\n<p align=\"justify\">Should one or more of these risks, uncertainties or other factors materialize, or should assumptions \u200eunderlying the \u200eforward-looking information or statements prove incorrect, actual results may vary \u200ematerially from those described \u200eherein as intended, planned, anticipated, believed, estimated or \u200eexpected.\u200e<\/p>\n<p align=\"justify\">Although DELIC believes that the assumptions and factors used in preparing, and the expectations \u200econtained \u200ein, the forward-looking information and statements are reasonable, undue reliance should not \u200ebe placed on such \u200einformation and statements, and no assurance or guarantee can be given that such \u200eforward-looking information and \u200estatements will prove to be accurate, as actual results and future events \u200ecould differ materially from those anticipated \u200ein such information and statements. The forward-looking \u200einformation and forward-looking statements contained in this \u200epress release are made as of the date of \u200ethis press release, and DELIC does not undertake to update any \u200eforward-looking information \u200eand\/or forward-looking statements that are contained or referenced herein, except in \u200eaccordance with \u200eapplicable securities laws. All subsequent written and oral forward- looking information and \u200estatements \u200eattributable to DELIC or persons acting on its behalf is expressly qualified in its entirety by this \u200e\u200enotice.\u200e<\/p>\n<p align=\"center\">\n        <strong>NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN UNITED STATES<\/strong>\n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4ODExOSMzODMyNzQ2IzUwMDA3MzkzNg==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/d502001e-e73f-4869-96c8-42503afca049\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, Nov. 18, 2020 (GLOBE NEWSWIRE) &#8212; Delic Holdings Inc. (\u201cDELIC\u201d or the \u201cCompany\u201d), a psychedelic-focused media, e-commerce and event company, is pleased to announce that effective at market open today, the Company will begin trading on the Canadian Securities Exchange under the ticker symbol \u201cDELC.\u201d Jackee Stang, CEO of DELIC comments \u201cCanada has consistently shown leadership in helping cannabis and now psychedelics emerge from false stigmas. Canada was the first G7 country to legalize cannabis, and as psychedelics further gain ground on what may appear as false stigmas, the health and wellness sector will only grow. As such, the DELIC community is deeply proud to be a part of the Canadian Securities Exchange. We started DELIC to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/psychedelic-focused-media-e-commerce-and-event-company-delic-holdings-to-begin-trading-on-the-canadian-securities-exchange-under-ticker-symbol-delc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Psychedelic-focused Media, E-commerce and Event Company DELIC Holdings to Begin Trading on the Canadian Securities Exchange Under Ticker Symbol \u201cDELC\u201d&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383940","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Psychedelic-focused Media, E-commerce and Event Company DELIC Holdings to Begin Trading on the Canadian Securities Exchange Under Ticker Symbol \u201cDELC\u201d - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/psychedelic-focused-media-e-commerce-and-event-company-delic-holdings-to-begin-trading-on-the-canadian-securities-exchange-under-ticker-symbol-delc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Psychedelic-focused Media, E-commerce and Event Company DELIC Holdings to Begin Trading on the Canadian Securities Exchange Under Ticker Symbol \u201cDELC\u201d - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Nov. 18, 2020 (GLOBE NEWSWIRE) &#8212; Delic Holdings Inc. (\u201cDELIC\u201d or the \u201cCompany\u201d), a psychedelic-focused media, e-commerce and event company, is pleased to announce that effective at market open today, the Company will begin trading on the Canadian Securities Exchange under the ticker symbol \u201cDELC.\u201d Jackee Stang, CEO of DELIC comments \u201cCanada has consistently shown leadership in helping cannabis and now psychedelics emerge from false stigmas. Canada was the first G7 country to legalize cannabis, and as psychedelics further gain ground on what may appear as false stigmas, the health and wellness sector will only grow. As such, the DELIC community is deeply proud to be a part of the Canadian Securities Exchange. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/psychedelic-focused-media-e-commerce-and-event-company-delic-holdings-to-begin-trading-on-the-canadian-securities-exchange-under-ticker-symbol-delc\/","og_locale":"en_US","og_type":"article","og_title":"Psychedelic-focused Media, E-commerce and Event Company DELIC Holdings to Begin Trading on the Canadian Securities Exchange Under Ticker Symbol \u201cDELC\u201d - Market Newsdesk","og_description":"VANCOUVER, British Columbia, Nov. 18, 2020 (GLOBE NEWSWIRE) &#8212; Delic Holdings Inc. (\u201cDELIC\u201d or the \u201cCompany\u201d), a psychedelic-focused media, e-commerce and event company, is pleased to announce that effective at market open today, the Company will begin trading on the Canadian Securities Exchange under the ticker symbol \u201cDELC.\u201d Jackee Stang, CEO of DELIC comments \u201cCanada has consistently shown leadership in helping cannabis and now psychedelics emerge from false stigmas. Canada was the first G7 country to legalize cannabis, and as psychedelics further gain ground on what may appear as false stigmas, the health and wellness sector will only grow. As such, the DELIC community is deeply proud to be a part of the Canadian Securities Exchange. 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