TSX Venture Exchange: HAH.P
CALGARY, Sept. 19, 2019 /CNW/ - TRUSTED BRAND 2016
INC. (the "Corporation") (HAH.P: TSX-V), a capital pool
company under Policy 2.4 of the TSX Venture Exchange (the
"TSXV") announces, that its previously announce amalgamation
agreement with Theracann International Benchmark Corporation
("Theracann") has been terminated by Theracann and the
proposed business combination will not proceed.
The Corporation will resume its process of identifying and
evaluating businesses and assets with a view to completing a
potential qualifying transaction pursuant to the TSXV's CPC Policy.
As a capital pool company, the Corporation is not permitted to
carry on any business other than the identification and evaluation
of assets or businesses for the purpose of completing a qualifying
transaction under the TSXV's CPC Policy.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR
THE ACCURACY OR ADEQUACY OF THIS RELEASE.
This news release contains certain statements that may be deemed
"forward-looking statements. Forward looking statements are
statements that are not historical facts and are generally, but not
always, identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "potential" and
similar expressions, or that events or conditions "will", "would",
"may", "could" or "should" occur. Although the Corporation believes
the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees
of future performance and actual results or realities may differ
materially from those in forward looking statements. Forward
looking statements are based on the beliefs, estimates and opinions
of the Corporation's management on the date the statements are
made. Except as required by law, the Corporation undertakes no
obligation to update these forward-looking statements in the event
that management's beliefs, estimates or opinions, or other factors,
should change.
Additional information identifying risks and uncertainties is
contained in certain of Trusted Brand 2016 Inc.'s filings with the
Canadian securities regulators, which filings are available at
www.sedar.com.
SOURCE Trusted Brand 2016 Inc.