Saturday, August 23, 2025

RavenQuest BioMed Implodes, Robinson Resigns And Withholds Corporate Records

RavenQuest BioMed (CSE: RQB) has finally imploded. The company announced this morning that the CEO and CFO, George Robinson, has resigned from the company as well as from the board of directors as of April 29, and that the company sees no path forward for the firm.

Furthermore, Robinson is now withholding all records from RavenQuest in lieu of pay according to the firm. Records held by Robinson include the books, records, and historical documents of each subsidiary of the firm. The company however believes this goes against his fiduciary duty to shareholders and debtholders and that it will be working towards obtaining this company property.

Most significantly, the company directly states, “Negotiations with creditors have since failed and the remaining director sees no prospect for the company’s survival.

Jatinder Dhaliwal has assumed the role of interim CEO and CFO of the firm.

RavenQuest BioMed last traded at $0.01 on the CSE.


Information for this briefing was found via Sedar and RavenQuest Biomed. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

4 Responses

Video Articles

A Medical Breakthrough the Market Overlooked | David Elsley – Cardiol Therapeutics

Why Grade Beats Size in Silver Mining | Frank Basa – Nord Precious Metals

Are Investors Missing the Start of the Next Commodity Supercycle? | Morgan Lekstrom – NexMetals

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Bonify Holdings Reinstated: Is There Now Hope For Canntrust Holdings?

There might be hope for Canntrust Holdings (TSX: TRST) (NYSE: CTST) and its shareholders after...

Wednesday, October 23, 2019, 06:03:04 PM

RavenQuest Edmonton Facility Sees Cannabis License Revoked

RavenQuest BioMed (CSE: RQB) has lost its license to cultivate cannabis for its Alberta Green...

Friday, March 20, 2020, 12:02:59 PM

Has RavenQuest Ceased Operations At Bloomera?

It appears that production has come to a screaming halt at Ravenquest BioMed (CSE: RQB)’s...

Wednesday, February 12, 2020, 12:42:34 PM

RavenQuest BioMed: The Next Bridgemark Group Target?

It seems that the now infamous Bridgemark Group might be getting the gang back together...

Tuesday, February 11, 2020, 01:06:30 PM

RavenQuest Sued by RotoGro for Patent Infringement

RavenQuest BioMed (CSE: RQB) has found itself in some hot water. Roto Gro international (ASX:...

Wednesday, November 6, 2019, 01:56:09 PM