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Vancouver, British Columbia: HEMP FOR HEALTH INC. (CSE: HFH) (“H4H” or the “Company”), a cultivator and distributor of premium “Made in Tuscany” CBD products, is pleased to announce that it has signed a Letter of Intent (“LOI”) with Pacific Hemp Company Pty Ltd. (“PHC”), whereby H4H will acquire 100% of the outstanding shares of PHC (the “Transaction”).
PHC is a private Australian company that specializes in industrial hemp cultivation and processing of hemp-based food, fibre products and medicinal formulations. PHC partners with producers to introduce advanced hemp-based technologies and to access global markets through its years of experience in the Cannabis industry.
The Transaction was negotiated at arm’s length. The Transaction will constitute a fundamental transaction under the policies of the Canadian Securities Exchange (the “CSE”), and as such, it will require approval of the CSE and the shareholders of HFH. It is expected trading of HFH’s common shares on the CSE will be halted pending closing of the Transaction.
Quelle: hempforhealth.eu/news/2021/hemp-for-health-signs-loi/
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7 | Neues Listing | Börsentrader2005 | Dr.ChristianM. | 25.04.21 10:03 |