Company will focus on core impact investing strategy in Appalachia CLEVELAND, OHIO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite”) announces that it has retained First Liberties Securities, Inc., d/b/a First Liberties Financial (“FLF”), a registered broker-dealer headquartered in Dallas, Texas, to assist Malachite in the implementation of its strategic plan for its cannabinoid drug development business conducted by its wholly-owned subsidiary, Graphium Biosciences, Inc.

2023年12月7日，该公司将专注于俄亥俄州阿巴拉契亚克利夫兰的核心影响力投资战略（环球通讯社）--孔雀石创新公司（OTC Mkts:MLCT）（“孔雀石”）宣布，它保留了总部位于德克萨斯州达拉斯的注册经纪交易商First Liberties Securities，INC.，d/b/a First Liberties Financial（“FLF”），协助孔雀石实施其全资子公司Graphium Biosciences，Inc.开展的大麻素药物开发业务战略计划。

(“Graphium”), which may include converting Graphium into a separate and distinct privately held company funded with new capital. Strategic Rationale In 2021, Malachite initiated a corporate restructuring plan to create two parallel pathways for shareholder value creation and optimize the present value of its more than $20 million of net operating losses.

（“Graphium”），其中可能包括将Graphium转换为一家由新资本资助的独立私营公司。战略依据2021年，孔雀石启动了一项公司重组计划，为股东创造价值创造两条平行的途径，并优化其2000多万美元净运营亏损的现值。

As part of this corporate restructuring, Malachite changed its name from Vitality Biopharma, Inc. to Malachite Innovations, Inc., contributed all of its cannabinoid drug development assets previously held in the public parent company into a new wholly owned subsidiary named Graphium Biosciences, Inc., and launched an impact investing strategy focused on building cash flow-generating operating businesses focused on reclaiming and repurposing mine sites in economically challenged communities throughout Appalachia.

作为此次公司重组的一部分，孔雀石将其名称从Vitality Biopharma，Inc.更改为孔雀石创新公司，将其之前在上市母公司持有的所有大麻素药物开发资产投入一家新的全资子公司Graphium Biosciences，Inc。，并启动了一项影响投资战略，重点是建立产生现金流的运营企业，重点是在整个阿巴拉契亚经济困难的社区回收和重新利用矿区。

Over the past two years, Malachite’s impact investing strategy has grown from a concept with no revenue, assets or employees into an early-stage venture with revenues of $15.1 million over the last 12 months, assets of $18.8 million, and more than 70 employees. In addition, over the two most-recently completed fiscal quarters, Malachite’s impact investing strategy has generated positive net taxable .

在过去的两年中，孔雀石的影响力投资战略已经从一个没有收入、资产或员工的概念发展成为一个早期的风险投资，在过去的12个月中，收入为1510万美元，资产为1880万美元，员工超过70人。此外，在最近完成的两个财政季度中，孔雀石的影响力投资策略产生了积极的净应纳税额。