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Neptune Wellness Solutions Inc (NEPT.TO)

NEPT.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Neptune Signs Multi-Year Extraction Agreement With The Green Organic Dutchman
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Neptune Wellness Solutions Inc ::NEPTUNE SIGNS MULTI-YEAR EXTRACTION AGREEMENT FOR 230,000 KG INCLUDING TURNKEY SOLUTIONS WITH THE GREEN ORGANIC DUTCHMAN.NEPTUNE WELLNESS SOLUTIONS INC - NEPTUNE WILL EXTRACT AND PURIFY CANNABINOIDS AND TERPENES FROM CANNABIS AND HEMP BIOMASS RECEIVED FROM TGOD.NEPTUNE - UNDER TERMS OF CONTRACT, TGOD HAS COMMITTED TO SUPPLY MORE THAN 230,000 KILOGRAMS OF CANNABIS & HEMP BIOMASS TO CO SPANNING A 3-YEAR PERIOD.  Full Article

Neptune Signs Definitive Agreement To Acquire The Assets Of Hemp Processor Sugarleaf Labs
Thursday, 9 May 2019 

May 9 (Reuters) - Neptune Wellness Solutions Inc ::NEPTUNE SIGNS DEFINITIVE AGREEMENT TO ACQUIRE THE ASSETS OF HEMP PROCESSOR SUGARLEAF LABS.NEPTUNE WELLNESS SOLUTIONS INC - WILL ACQUIRE SUGARLEAF ON A DEBT-FREE BASIS FOR INITIAL CONSIDERATION AT CLOSING OF $18 MILLION.NEPTUNE WELLNESS SOLUTIONS INC - INITIAL CONSIDERATION TO BE PAID AS $12 MILLION IN CASH AND $6 MILLION IN COMMON SHARES.NEPTUNE - BY ACHIEVING PERFORMANCE TARGETS, ADDITIONAL CONSIDERATION OF UP TO US$132 MILLION WOULD BE PAID OVER EACH OF NEXT 3 YRS ON SUGARLEAF LABS DEAL.  Full Article

Neptune Wellness Says Court Ruled In Favor Of Former CEO
Monday, 25 Mar 2019 

March 25 (Reuters) - Neptune Wellness Solutions Inc ::NEPTUNE RECEIVES JUDGMENT ON CLAIMS BY FORMER CHIEF EXECUTIVE OFFICER.NEPTUNE WELLNESS SOLUTIONS INC - PURSUANT TO JUDGMENT RENDERED, WHICH CO INTENDS TO APPEAL, COURT RULED IN FAVOUR OF FORMER CEO.NEPTUNE WELLNESS SOLUTIONS INC - COURT REJECTED COUNTERCLAIM FILED BY CORPORATION.NEPTUNE - COURT AWARDED FORMER CEO PAYMENTS DETERMINED BY COURT TO BE OWED UNDER AGREEMENT OF 1% OF ALL CO'S SALES, REVENUE INCURRED SINCE MARCH 1, 2014.NEPTUNE - ROYALTY PAYMENTS OF 1% OF SALES, OTHER REVENUE MADE BY CO ON CONSOLIDATED BASIS TO BE PAYABLE BY CO TO FORMER CEO BIANNUALLY.  Full Article

Neptune Wellness Solutions Inc Files For Mixed Shelf Of Upto $150 Mln
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Neptune Wellness Solutions Inc ::NEPTUNE WELLNESS SOLUTIONS INC FILES FOR MIXED SHELF OF UPTO $150 MILLION - SEC FILING.  Full Article

Neptune to Expand Manufacturing Capability to Offer Cannabis Oil Capsules in Canada
Friday, 21 Dec 2018 

Dec 21 (Reuters) - NEPTUNE WELLNESS SOLUTIONS INC::NEPTUNE WELLNESS SOLUTIONS INC - ENTERED INTO A MULTI-YEAR IP LICENCING AND CAPSULE SALE AGREEMENT WITH LONZA.NEPTUNE WELLNESS SOLUTIONS INC - CONSTRUCTION AND INSTALLATION OF NEW MANUFACTURING LINE WILL COMMENCE IMMEDIATELY.NEPTUNE WELLNESS SOLUTIONS INC - INVESTMENT OF APPROXIMATELY $2.5 MILLION.NEPTUNE WELLNESS SOLUTIONS INC - NEW MANUFACTURING LINE WILL BE INTEGRATED INTO NEPTUNE'S 50,000 SQUARE FOOT CGMP FACILITY IN SHERBROOKE, QUEBEC.  Full Article

Neptune Announces Second Quarter Results
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Neptune Wellness Solutions Inc ::Q2 COMPARABLE NUTRACEUTICAL REVENUES INCREASED 18% .NEPTUNE ANNOUNCES SECOND QUARTER RESULTS.REVENUE INCREASED AT $7.1 MILLION FOR THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2018, VERSUS ADJUSTED REVENUES OF $6.0 MILLION.NET LOSS WAS $3.1 MILLION FOR CURRENT QUARTER, VERSUS A NET INCOME OF $20.0 MILLION.NON-IFRS OPERATING LOSS WAS $1.2 MILLION FOR CURRENT QUARTER.  Full Article

Neptune Wellness Solutions Q2 Same Store Sales Rose 18 Percent
Tuesday, 13 Nov 2018 

Neptune Wellness Solutions Inc ::NEPTUNE ANNOUNCES SECOND QUARTER RESULTS.Q2 SAME STORE SALES ROSE 18 PERCENT.REVENUE INCREASED AT $7.1 MILLION FOR THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2018, VERSUS ADJUSTED REVENUES OF $6.0 MILLION.NET LOSS WAS $3.1 MILLION FOR CURRENT QUARTER, VERSUS A NET INCOME OF $20.0 MILLION.NON-IFRS OPERATING LOSS WAS $1.2 MILLION FOR CURRENT QUARTER.  Full Article

Neptune to issue 3rd series convertible bonds worth 6 bln won
Thursday, 1 Mar 2018 

March 1 (Reuters) - Neptune Co <217270.KQ> ::* Says it will issue 3rd series unregistered and unsecured private convertible bonds, to raise 6 billion won in proceeds for operations .* Maturity date is April 2, 2021, coupon rate is 0 percent and yield to maturity is 0 percent for the bonds.* Conversion price is 15,364 won/share and conversion ratio is 100 percent .  Full Article

Neptune to issue 2nd series convertible bonds worth 24 bln won
Thursday, 1 Mar 2018 

March 1 (Reuters) - Neptune Co <217270.KQ> ::* Says it will issue 2nd series unregistered and unsecured private convertible bonds, to raise 24 billion won in proceeds for operations and investment .* Maturity date is March 5, 2021, coupon rate is 0 percent and yield to maturity is 0 percent for the bonds.* Conversion price is 15,364 won/share and conversion ratio is 100 percent .  Full Article

Neptune Technologies & Bioressources Q3 ‍Net Income $1.3 Mln Vs $9.4 Mln
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Neptune Technologies & Bioressources Inc ::NEPTUNE ANNOUNCES THIRD QUARTER RESULTS.NEPTUNE TECHNOLOGIES & BIORESSOURCES INC - ‍NET INCOME WAS $1.3 MILLION FOR CURRENT QUARTER, VERSUS $9.4 MILLION IN PRIOR YEAR​.NEPTUNE TECHNOLOGIES & BIORESSOURCES INC - ‍NON-IFRS OPERATING LOSS WAS $5.4 MILLION FOR CURRENT QUARTER, VERSUS $0.5 MILLION IN PRIOR YEAR​.  Full Article

UPDATE 1-Health Canada to allow some edible cannabis products starting mid-December

June 14 Health Canada said http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190614:nCNWmFHMga on Friday that some edible cannabis products, extracts and topicals would be sold in physical or online stores from mid-December.