Where capital is deployed
Indicative allocation across pre-clinical research, regulatory affairs, and operations through the next twelve months. Subject to board re-allocation as the program advances.
From subscription to issued certificate
PsilocybinLabs - $0.50 Share Offering is conducting a private placement to fund early-stage research into therapeutic applications of psilocybin and related compounds, and to advance pre-clinical work toward Health Canada and FDA-recognized pathways.
The offering is being made on a non-prospectus basis to subscribers who qualify under one or more of the prospectus exemptions referenced above. Subscription proceeds are received by the Company's counsel, McMillan LLP, In Trust, until acceptance.
Subscriptions are accepted on a rolling basis until the offering closes. Acceptance is at the discretion of the Company's board and is contingent on:
- Receipt of cleared funds at McMillan LLP, In Trust;
- A fully executed Subscription Agreement and applicable schedules;
- Form 45-106F9 risk acknowledgement (for individual Accredited Investor subscribers in categories (j), (j.1), (k), (l));
- Any documentation reasonably requested for KYC/AML verification.
Securities issued are subject to a four-month-and-one-day hold under NI 45-102, and additional resale restrictions may apply.
This portal does not constitute legal, tax, or investment advice. Subscribers are encouraged to obtain independent legal, tax, and financial advice before subscribing.
Questions of legal interpretation: Sasa Jarvis at McMillan LLP. Issuer questions: Ian McDonald · ian@northwardcap.com · 1-647-407-2515.