Northwire Canada EditionFriday, July 17, 2026
Northwire
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Financings

Safe Supply Secures Exclusive Canadian Rights to Healthy Sprays' Proprietary GLP-1 Delivery Technology; Announces Non-Brokered Private Placement

SPLY · Price

Executive Summary

  • Safe Supply Streaming Co Ltd. entered an exclusive five‑year Canadian licensing and distribution agreement with Healthy Sprays LLC for its GLP‑1 spray portfolio, including a $250,000 upfront license fee and royalty obligations.
  • The company announced a proposed non‑brokered private placement of units at C$0.05 each, targeting up to C$500,000 in gross proceeds to fund the licensing fee, related expenses, and general corporate purposes.
  • Finders’ fees of up to 7 % cash and 7 % broker’s warrants may be paid; closing is subject to regulatory approvals and a statutory hold period.

Key Details

  • Licensing Agreement
  • Exclusive nationwide Canadian distribution rights for Healthy Sprays’ GLP‑1 products (THIN, THIN‑R, THIN‑ST).
  • Term: starts Jan 2026, initial five years with extension options.
  • Up‑front non‑refundable license fee: USD $250,000, payable in tranches.
  • Ongoing royalty on Canadian gross sales (terms not disclosed).
  • Safe Supply will purchase all product packaging and delivery technology from Healthy Sprays at a fixed cost.
  • Minimum net sales requirements imposed for each contract year.

  • Private Placement Offering

  • Units priced at C$0.05 per unit; each unit = 1 common share + ½ warrant (full warrant exercisable for 1 share at C$0.075).
  • Target gross proceeds: up to C$500,000.
  • Use of proceeds: fund the licensing fee, cover expenses related to the Licensing Agreement, and general corporate/working capital needs.
  • Finders’ fees: up to 7 % cash and 7 % broker’s warrants (exercisable for one unit at C$0.05) payable to eligible finders, subject to securities law compliance.
  • Closing contingent on required corporate and regulatory approvals, including CSE approval.
  • All securities subject to a statutory hold period of four months plus one day from issuance.

  • Quotes

  • “This partnership represents a major step in bringing modern, consumer‑ready healthcare solutions to Canadians,” – Geoff Benic, CEO, Safe Supply.
  • “Providing Canadians with a safe, modern alternative to injectable therapies will help Safe Supply expand access to metabolic health solutions for those who need them most,” – Raf Souccar, Chairman, Board of Directors, Safe Supply.

  • Regulatory & Legal

  • Offering not registered under U.S. securities laws; not to be offered or sold in the United States or to U.S. persons absent exemption.
  • Forward‑looking statements included with standard risk disclosures.
Read the original news release →

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