Psyence extends GoldCoast amalgamation deadline to May 31, 2026

Reuters02-24 20:42
Psyence extends GoldCoast amalgamation deadline to May 31, 2026

Psyence Group Inc. has signed an amending agreement with GoldCoast Resource Corp. and its subsidiary Psyence Therapeutics Corp. to extend the timeline for their proposed three-cornered amalgamation. The deadline to hold required shareholder meetings was pushed to April 30, 2026, and the outside date to complete the deal was extended to May 31, 2026. The amendment also lowers Psyence’s minimum cash condition at closing to C$250,000 from C$400,000.

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