INVICTUS PROVIDES ONLINE ACCESS TO LETTER OF TRANSMITTAL FOR PODA SPINOUT
26 11월 2018 - 10:57PM
InvestorsHub NewsWire
INVICTUS
PROVIDES ONLINE ACCESS TO LETTER OF TRANSMITTAL FOR PODA
SPINOUT
Vancouver, BC -- November 26, 2018 --
InvestorsHub NewsWire -- INVICTUS MD STRATEGIES CORP. ("Invictus"
or the "Company") (TSXV: GENE; OTCQX: IVITF; FRA:
8IS1) announces that further to the completion
of the plan of arrangement to give effect to the spinout
transaction (the "Arrangement") involving Invictus and Poda
Technologies Ltd. ("Poda") on November 8, 2018, Computershare
Investor Services Inc. (the "Depositary") has mailed to each
registered Invictus shareholder a letter of transmittal containing
instructions for use in exchanging their Invictus common share
certificates for certificates representing the post-Arrangement
Invictus and Poda shares (a "Letter of
Transmittal").
As there may be delivery
delays due to a potential strike involving Canadian postal workers,
shareholders who have not received their Letter of Transmittal are
encouraged to access an electronic copy of the Letter of
Transmittal by visiting the Company's website at
www.invictus-md.com
or the Company’s
SEDAR profile at www.sedar.com.
Upon return of a properly
completed Letter of Transmittal, together with certificates and/or
DRS advice statements representing pre-Arrangement Invictus shares
and such other documents as the Depositary may require,
certificates or DRS advice statements for the appropriate number of
post-Arrangement Invictus and Poda shares will be
distributed.
For more information, please
visit www.invictus-md.com.
On Behalf of the
Board,
George E.
Kveton
Chief Executive Officer and
Director
Jessica
Martin
Vice President, Public Relations and
Regulatory Affairs
(833)
879-4363
About
Invictus
Invictus is a global cannabis
company offering a selection of products under a wide range of
brands. Our integrated sales approach is defined by five pillars of
distribution including medical, adult-use, international, Licensed
Producer to Licensed Producer and retail
stores.
Invictus has partnered with business
leaders to convey our corporate vision, including KISS music legend
and business mogul Gene Simmons as our Chief Evangelist Officer. To
meet growing demand, Invictus is expanding its cultivation
footprint, with three cannabis production facilities licensed under
the Cannabis Act and Cannabis Regulations in Canada. To accommodate
international sales, Invictus’ wholly-owned subsidiary, Acreage
Pharms Ltd. (“Acreage Pharms”), has designed and is currently
building its Phase 3 purpose-built cultivation facility to be
European Union Good Manufacturing Practices (“EU-GMP”) compliant.
The Company is targeting up to 50 per cent of production to medical
cannabis. To ensure consistency in quality and supply, Invictus
maintains all aspects of the growing process through its
subsidiary, Future Harvest Development Ltd., a high-quality
Fertilizer and Nutrients manufacturer. Invictus drives sustainable
long-term shareholder value through a diversified product portfolio
with over 69 Health Canada approved strains and a multifaceted
distribution strategy including medical, adult-use, international,
Licensed Producer to Licensed Producer and retail
stores.
About
Poda
Poda is actively engaged in the
development and commercialization of vaporizable products, which
have the potential to reduce the risks associated with combustible
products. In addition to several other intellectual property
holdings, the Company has developed an innovative heat-not-burn
vaporization system that uses proprietary biodegradable single-use
pods, which are both consumer and environmentally friendly. Poda’s
patent-pending design prevents cross-contamination between the
electronic vaporization device and the pod, eliminating all
cleaning requirements and providing users with the most convenient
and enjoyable potentially risk-reduced vaping experience. Pod
refill options range from dried flower and tobacco to liquids and
concentrates, and can easily be switched during vaping sessions to
suit any adult consumer’s
mood.
Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Invictus MD Strategies (CE) (USOTC:IVITF)
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