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Radio CHIPFM 101.9

CHIP possède une licence de langue française au CRTC et assure par son mandat la promotion de la dualité linguistique au sein du territoire du Pontiac ainsi que celle de la vallée de la Gatineau et du comté de Renfrew, en Ontario.

La station de radio diffuse sur la fréquence du 101,9 sur la bande FM avec un émetteur d’une puissance de 10 KW, lui permettant de diffuser sur un grand territoire.

Afin de servir tous les gens de sa communauté, CHIP FM offre à ses auditeurs, une programmation diversifiée. L’un des buts principaux de la station est de bien informer la communauté avec des nouvelles locales et régionales qui ne sont pas nécessairement diffusées par d’autres médias régionaux. L’équipe entière de la station de radio travaille ardemment afin de faire de sa programmation, une qui reflète bien le portrait culturel, économique, politique, éducationnel et social de sa région”

En tant qu’organisme à but non lucratif, les revenus annuels de CHIP FM sont constitués; d’une subvention provenant du gouvernant provincial, des bingos hebdomadaires, radiothon annuel, ventre de publicités radio, frais d’adhésions ainsi que dons.

CHIP FM aussi connut sous le nom Radio Communautaire de Pontiac a été enregistrée en tant qu’organisme à but non lucratif en juin 1978. La première diffusion en ondes a eut lieu le 1er mars 1981. 

Cannabis Research Center Project in Litchfield
Eureka93 says it is running out of capital, laying off employees and even talks about selling the company
By François Carrier et Élizabeth Séguin
Article published on 9 September 2019
last modification on 10 September 2019
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A report from Élizabeth Séguin and François Carrier

Eureka93, formerly known as LiveWell Food Canada, and also the owner of the project to establish a cannabis research Center at the Industrial Park in the municipality of Litchfield, announced that it is currently evaluating a number of options, due to ’’a lack of capital’’. Among the options, Eureka93 has even considered selling the company. The Company is also considering, in addition to selling the company or selling assets, to merge or create of a joint venture.

Without specifying which sectors or projects were affected, Eureka93 states that, to limit expenses, work has been suspended and employees have been laid off in all of their establishments. Eureka93 added that given a “lack of resources and the complexity of their accounting information”, no audited financial statements, nor management analyses on the financial position and results for the quarter, which ended on June 30th, have been filed or prepared.

This has significant legal implications for Eureka93, as the Ontario Securities Commission issued the cease trade order on all of the Company’s common shares as of September 5th. This order could be lifted if the Company files the legally required documents for the second quarter of 2019.

Eureka93 said that it does not intend to divulge current developments, and that no timetable has been set for the moment. It also stated that, even if a process has been started, no decision has been made.

« While the Company has initiated this strategic review process, there is no certainty that any transaction or alternative will be undertaken or pursued. Eureka93 has not set a definitive schedule to complete its evaluation and no decision on any particular transaction or alternative has been reached at this time. In accordance with its continuous disclosure obligations, the Company will disclose material developments, if, as and when they occur. » -Eureka93

A project of economic scale with decreasing size over recent months
In February 2018, the Pontiac Cannabis Research Center project received extensive media coverage across the province, for creating 500 jobs. At the time, there was also talk of a global center for innovation and scientific research, as well as a 600,000 square foot greenhouse project for cannabis cultivation and processing.

On April 27th, 2018, Michel Lemieux, now the Director of Government Relations and Public Affairs at Eureka93, spoke to CHIP 101.9 about the start of the recruitment process. After working on the lands in the industrial park in Litchfield over the following months, the project was halted pending the company’s search for a financial partner.

Along the way and according to the information and details provided by Michel Lemieux, the expected number of jobs available had decreased. A few months later, CHIP 101.9 learned that the project was stalled and some of the company’s service providers had not been paid.

In December 2018, the CHIP 101,9 newsroom released information confirming that the planned Cannabis Research Center, located on 211, highway 301 in Litchfield, was subject to a legal mortgage from the Montreal-based Company Deslan - A.I.M Environmental.

On April 11th, LiveWell Canada merged with Vitality CBD Natural Health Product Inc. and announced its new name: “Eureka93”.

According to its press releases, Eureka93 defines itself as a vertically integrated life sciences company with focuses on the extraction, production and distribution of cannabidiol (CBD) hemp. The Company claims to have significant assets in the United States and Canada, and is committed to providing the highest quality products to its customers. It also mentioned an exclusive extraction process, as well as research and scientific expertise in the manufacturing of CBD products.

To follow this file, here are the different developments in chronological order:

26 février 2018 : Michel Lemieux presents the project
http://chipfm.com/Entrevue-Michel-Lemieux-Le-projet-Litchfield-de-LiveWell-Food

27 avril 2018 : LiveWell Recruitment
http://chipfm.com/Entrevue-Michel-Lemieux-Recrutement-LiveWell-Foods-Canada-a-Litchfield

16 octobre 2018 : Interview with Michel Lemieux: a few hours before the legalization of cannabis, CHIP 101,9 discusses with LiveWell
http://chipfm.com/Entrevue-Michel-Lemieux-Developpements-du-projet-LiveWell-a-Litchfield

5 décembre 2018 : The future Cannabis Research center subject to a legal mortgage
http://chipfm.com/Le-futur-Centre-de-recherche-de-Livewell-a-Litchfield-vise-par-une-hypotheque-5325

12 avril 2019 : LiveWell becomes “Eureka93”
http://chipfm.com/La-Societe-LiveWell-devient-Eureka-93

Press release from “Eureka93”
https://eureka93.com/category/communiques-de-presse/

Articles from National Media on the Research Center:

Le Droit:
https://www.ledroit.com/actualites/une-usine-de-marijuana-dans-metcalfe-ecb2ebc5a8b764e7fe33b6e99bb29c27

Journal de Montréal:
https://www.journaldemontreal.com/2018/02/16/500emplois-du-pot-dans-une-des-regions-les-plus-pauvres

98,5 Outaouais:
https://www.fm1047.ca/recherche?query=Michel%20Lemieux

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