WEEDMD INC. ("WMD") [formerly Aumento Capital V Corporation ("AMN.P")] BULLETIN TYPE: Qualifying Transaction-Completed, Shares for Debt, Name Change, Company Tier Reclassification, Resume Trading BULLETIN DATE: April 26, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated March 31, 2017. As a result, at the opening on Thursday, April 27, 2017, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
Pursuant to the Acquisition Agreement dated March 2, 2017, the Company has acquired WeedMD Rx Inc. for 58,577,376 common shares at a deemed price of $0.60 per share.
Shares for Debt
TSX Venture Exchange has accepted for filing the Company's proposal to issue 116,667 shares to settle outstanding debt for $70,000.
Number of Creditors: 1 Creditor
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares Eight Capital P $70,000 $0.60 116,667
Name Change, Resume Trading
Pursuant to a resolution passed by shareholders on January 23, 2017, the Company has changed to its name to WeedMD Rx Inc..
Effective at the opening on April 27, 2017, the common shares of WeedMD Inc. will commence trading on the TSX Venture Exchange, and the common shares of Aumento Capital V Corporation will be delisted.
Capitalization
Unlimited shares with no par value of which 60,633,732 common shares are issued and outstanding
Escrow: 23,388,441 common shares and, if issued during the escrow period, 1,125,000 performance shares
Escrow Period: 18 months
Transfer Agent: TSX Trust Company Trading Symbol: WMD (new) CUSIP Number: 948525100 (new)
The Company is classified as a "Medicinal and Botanical Manufacturing" company.
Company Tier Reclassification
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective April 27, 2017, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1
Company Contact: Keith Merker, Chief Financial Officer Company Address: 250 Elm Street, Aylmer, Ontario, Canada N5H 2M8 Company Phone Number: 1-844-933-3636 Company Fax Number: 1-844-933-3637 Company Email Address: keith@weedmd.com Company Website: http://www.weedmd.com __________________________________
|
|