VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) -- Sunniva Inc . (“Sunniva”, the “Company”) (CSE:SNN) (OTC Pink Sheets: SNNVF) provides the following corporate update. Sunniva and its subsidiaries, including CP Logistics, LLC (“CPL”), have no material assets and ceased all operations as a result of the loss of the arbitration described below. The Board and management of Sunniva believe that there is no realistic... Read More

VANCOUVER, British Columbia, March 14, 2023 (GLOBE NEWSWIRE) -- Sunniva Inc. (“Sunniva”, the “Company”) (CSE:SNN) (OTC Pink Sheets:SNNVF) announces that the Company’s subsidiary, CP Logistics LLC (“CPL”) reached a settlement with Bobs LLC (“Bobs”) in regards to the interim ruling as issued by JAMS Arbitration on September 7, 2022. Under the ruling the Tribunal granted Bobs’ money damages in the approximate amount of US $8.6... Read More

Sunniva Inc. (“Sunniva”, the “Company”) ( CSE:SNN ) ( OTC Pink Sheets:SNNVF ) announces that on September 7, 2022, the Company’s subsidiary, CP Logistics LLC (“CPL”) received a interim ruling from JAMS Arbitration regarding the arbitration CPL commenced against the current owner and landlord of the California glasshouse, Bobs LLC (“Bobs”), in regards to CPL’s rights as tenant under an October 20, 2017 Conditional Build to... Read More

Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) provides an update on several corporate related items. Sunniva has applied to the relevant securities commissions for a partial revocation of the cease trade order applicable to securities of the Company issued on June 22, 2020 , for failure to file certain financial documents (the "Cease Trade Order") to permit a private placement financing to raise... Read More

Sunniva Inc. ("Sunniva", the "Company") (CSE:SNN) (OTC Pink Sheets:SNNVF) announces an update regarding its financial condition and plan to host an update call for shareholders on Monday, October 25, 2021 . As of the week ending October 15th, 2021 , the Company and its subsidiaries have cash of approximately US$87,000 . This cash position is a result of ongoing operational costs including CPL's California glasshouse... Read More

Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) is pleased to announce that the board of directors of the Company (the "Board") has appointed GreenGrowth, Chartered Professional Accountants ("GreenGrowth"), as the Company's new auditor, replacing MNP LLP ("MNP"), Chartered Professional Accountants. The Company has filed a Notice of Change of Auditor in respect of this change under its profile on... Read More

Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) announced today that it has appointed Norman Valz to its Board of Directors to fill a vacancy created by the resignation of Luke Stanton and Todd R. Patrick in 2020. Mr. Valz will hold office until the next annual general meeting of shareholders of the Company. Mr Valz practices law in Philidelphia and New York in the areas of commercial litigation,... Read More

Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) announces an update on arbitration in Southern California as well as current information on the Company's financial state. The Company's wholly owned subsidiary, CP Logistics, LLC (" CPL "), continues to be engaged in arbitration with the current owner and landlord of the California glasshouse, Bobs LLC in regards to CPL's rights as tenant under an... Read More

Sunniva Inc. ("Sunniva", the "Company") (CSE:SNN) (OTC-PINK:SNNVF) announces that effective June 18, 2021 the Company and its Canadian subsidiaries (the " Petitioners ") have, pursuant to the order made by the Supreme Court of British Columbia on February 12, 2021 (the " Sanction Order ") implemented the Amended and Consolidated Plan of Compromise and Arrangement dated January 14, 2021 , including issuance of an aggregate of... Read More

Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) announces that on April 26, 2021 , the British Columbia Securities Commission and the Ontario Securities Commission have granted a partial revocation to the cease trade order applicable to common shares of the Company issued on June 22, 2020 for failure to file certain financial documents (the "Cease Trade Order") to permit the issuance of common... Read More

The Company also provides an update on its progress towards implementing the Amended Consolidated Plan of Arrangement and Compromise of Sunniva and its Canadian subsidiaries (the "Plan") under the Companies Creditors Arrangement Act ("CCAA"). As previously announced, the Plan was approved the requisite majorities of creditors and sanctioned by the British Columbia Supreme Court (the "Court"). Implementation of the Plan is... Read More

Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) is pleased to announce that the Supreme Court of British Columbia (the "Court") sanctioned the Amended Consolidated Plan of Arrangement and Compromise of Sunniva and its Canadian subsidiaries (the "Plan") under the Companies Creditors Arrangement Act ("CCAA") on February 12 , 2021. The Court has also relieved Sunniva and its Canadian subsidiaries of... Read More

Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) is pleased to announce that the Affected Creditors (as defined in the Plan) approved the Amended Consolidated Plan of Arrangement and Compromise of Sunniva and its Canadian subsidiaries (the "Plan") under the Companies Creditors Arrangement Act ("CCAA") at a meeting of Affected Creditors (the "Meeting") held on February 5, 2021 in accordance with the... Read More