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ARTICLE · 17 SEPTEMBER 2020

Lifted Innovations Completes RTO

Gowling WLG
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On September 8, 2020, Lifted Innovations Inc. ("Lifted") completed a going public transaction which resulted in a reverse takeover of Kootenay Zinc Corp. ("Kootenay").

CanadaCorporate/Commercial Law
Peter Simeon
Peter Simeon
Sharagim Habibi
Sharagim Habibi
Kathleen Ritchie
Kathleen Ritchie
Blair Wentworth (Articling Student)
Blair Wentworth (Articling Student)
Eli Dzik (Summer Law Student)
Eli Dzik (Summer Law Student)
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On September 8, 2020, Lifted Innovations Inc. ("Lifted") completed a going public transaction which resulted in a reverse takeover of Kootenay Zinc Corp. ("Kootenay"). Following the completion of the transaction, which proceeded by a take-over bid of Lifted and a business combination with Canndora Delivery Ltd. and Greeny Collaboration (Canada) Inc., the shares of the resulting issuer, PeakBirch Logic Inc. ("PeakBirch"), began trading on the Canadian Securities Exchange on September 10, 2020.

Pursuant to the transaction, shareholders and optionholders of Lifted received one common share or one option, respectively, of PeakBirch for each share or option of Lifted held prior to the transaction. 

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