May 3, 2019
CALGARY, ALBERTA – Maple Leaf Green World Inc. (“Maple Leaf” or the “Company”) (NEO: MGW, OTCQX: MGWFF) announced its decision, on April 9, 2019, to extend the expiry dates and reprice an aggregate of 17,818,497 common share purchase warrants (comprising of 12,794,798 warrants in May 2017 private placement offering (“May 2107 Warrants”) and 5,023,699 warrants in 2018 private placement offering (“2018 Warrants) and collectively called the “Warrants”).
Pursuant to the policies of Neo Exchange Inc. the extension and repricing of Warrants are material to the company and require disinterested shareholder approval. The independent board of directors have approved the extension of May 2017 Warrants from May 4, 2019 to August 31, 2019. The Company plan to seek approval from shareholders of changes to Warrants in its upcoming 2019 annual general and special meeting. Upon approval by disinterested shareholders, Neo Stock Exchange will provide its final approval.
The Company will communicate the status of Warrants with all the Warrant holders separately.
For further information regarding the Company, please visit www.mlgreenworld.com.
About Maple Leaf Green World Inc.
Maple Leaf is a public Canadian company that focuses on the cannabis industry in North America. The Company is in the process of construction of a marijuana facility in British Columbia. With over ten years of extensive greenhouse management experience, the Company intends to apply its eco-agriculture knowledge and cultivation technology to produce contaminant-free cannabis products. Maple Leaf’s long-term objective is to produce cannabis oil and to export its products to approved countries. The Company’s common shares are listed for trading on the Neo Exchange Inc. under the symbol “MGW” and on the OTCQX market under the symbol “MGWFF”.
For further information, please contact:
Maple Leaf Green World Inc.
Raymond Lai, Chairman, President & CEO