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About World Class Health CBD
Gary F. Zak, Age 63, Director
Donal Carroll, Age 43, Chief Financial Officer and Director
TORONTO, Feb. 13, 2019 (GLOBE NEWSWIRE) — CBD Med Research Corp. (“CBD”) and World Class Extractions Inc. (“World Class”) are pleased to announce, further to the parties’ press release dated August 15, 2018, the execution of a definitive business combination agreement (the “Combination Agreement”) on February 13, 2019 which, subject to certain conditions and applicable shareholder and regulatory approvals, will result in a reverse takeover of CBD by World Class (the “Proposed Transaction”). The resulting issuer that will exist upon completion of the Proposed Transaction (the “Resulting Issuer) intends to apply to the Canadian Securities Exchange (“CSE”) for approval for listing its common shares on the CSE.
Mr. Zak attended Camsoun College and is a business consultant with 35 years of public company management experience.
Subject to applicable shareholder and CSE approval, upon completion of the Proposed Transaction, the board of directors and management of the Resulting Issuer will be comprised of the following individuals:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
February 13, 2019 19:47 ET | Source: CBD Med Research Corp. CBD Med Research Corp.