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SmartKem, Inc.
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News: SMTK
SmartKem Welcomes Ferrox Plans to Accelerate Tivani Project Toward Q4 Demonstration Production
Earlier-than-anticipated pathway targets initial production of approximately 56% TiO₂ ilmenite concentrate and 62% Fe magnetite concentrate through on-site preparation and Tivani Toll-milling Earlier-than-anticipated pathway targets initial production of approximately 56% TiO₂ ilmenite concentrate and 62% Fe magnetite concentrate through on-site preparation and Tivani Toll-milling
Smartkem, Inc. announces reverse split of common stock to support continued Nasdaq listing
WILMINGTON, Del., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Smartkem, Inc. (Nasdaq: SMTK) ("Smartkem" or the "Company") today announced that its Board of Directors has approved a reverse stock split of the Company's outstanding common stock at a ratio of 1-for-50, following authorization by shareholders at the company's Annual Meeting of Shareholders held June 23, 2026.
Smartkem Welcomes Appointment of Allen Palmiere as Executive Director and Chief Operating Officer of Ferrox
WILMINGTON, Del., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Smartkem, Inc. (Nasdaq: SMTK) ("Smartkem" or the "Company") today welcomed the appointment of Allen Palmiere as Executive Director and Chief Operating Officer of Ferrox Critical Materials (“Ferrox”), the company's proposed merger partner, following the signing of a definitive merger agreement between the two companies. The proposed transaction remains subject to customary closing conditions, including, without limitation, the approval of the shareholders of Ferrox and Smartkem.
SRX Global Portfolio Company Smartkem, Inc. (NASDAQ: SMTK) Announces Merger
NORTH PALM BEACH, Fla., Aug. 03, 2026 (GLOBE NEWSWIRE) -- SRX Global Inc. (NYSE American: SRXH) (the “Company”, or “SRX”), an AI-enabled platform dedicated to generating long-term shareholder value through investments in high-conviction operating companies and strategic assets, today announced that its portfolio company Smartkem, Inc. (NASDAQ: SMTK), a leader in advanced materials, will merge with Ferrox Critical Minerals, strengthening its critical minerals sourcing.
Smartkem, Inc. and Ferrox Critical Minerals to Combine in All-Stock Merger Valuing Ferrox at $125 Million
WILMINGTON, Del., Aug. 03, 2026 (GLOBE NEWSWIRE) -- Smartkem, Inc. (Nasdaq: SMTK) ("Smartkem" or the "Company") today announced that it has entered into a definitive business combination agreement (the "Agreement") with Ferrox Critical Minerals ("Ferrox"), a critical minerals developer whose principal asset is the Tivani project in Limpopo Province, South Africa.