ABcann Global Announces Appointment of W. Brett Wilson to Advisory Board
May 04 2017 - 8:30AM
ABcann Global Corporation (TSXV:ABCN) (the
“
Company”) is pleased to announce the appointment
of W. Brett Wilson to the Advisory Board of the Company in
connection with the completion of the Company’s acquisition of
ABcann Medicinals Inc. (the “
Transaction”). The
Transaction included concurrent capital raises of $26.8 million to
expand ABcann’s production capacity.
Mr. Wilson’s extensive experience and track
record in financing and building early stage ventures into
successful companies makes him an ideal strategic advisor to the
Company at this stage of its development. Mr. Wilson was a
co-founder in 1993 of the highly regarded investment bank,
FirstEnergy (which was subsequently acquired by GMP Capital Inc.).
He is a leading TV personality, known for his role as a “Dragon” on
CBC’s award winning Dragons’ Den television program, and an
early-stage venture financier in hundreds of successful
companies.
Mr. Wilson’s involvement and $500,000 investment
in the Company’s subscription receipt offering undertaken
concurrently with the completion of the Transaction represents
another major step for Mr. Wilson into the legal cannabis industry.
He is also a lead investor and strategic advisor with Green Acre
Capital, a Toronto and Calgary based cannabis industry focused
investment fund.
“Mr. Wilson is a welcome addition to the
Company’s Advisory Board. He’s a widely respected, established, and
accomplished business leader and will complement the talents of our
directors and advisors. We look forward to utilizing Brett's
knowledge and experiences as we grow the ABcann brand and welcome
his personal investment and interest into the Company,” says Aaron
Keay, CEO and a director of the Company.
ON BEHALF OF THE BOARD OF
DIRECTORS
“Aaron Keay”
Aaron Keay CEO and Director
For further information, please contact Aaron
Keay by phone at (604) 323-6911 or by email aaron@abcannglobal.com
OR Leo Karabelas by phone at 416 543-3120 or by email
leo.k@abcannglobal.com
Neither 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.
Disclaimer for Forward-Looking
Information
Certain statements in this release are
forward-looking statements, which are statements that are not
purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Forward
looking statements in this news release include statements relating
to the timing of the resumption of trading of the Company’s shares
on the TSXV and the expected contributions of Mr. Wilson. Such
statements are subject to risks and uncertainties that may cause
actual results, performance or developments to differ materially
from those contained in the statements, including that delays may
occur in timing of the resumption of trading and other factors
beyond the Company’s control. No assurance can be given that any of
the events anticipated by the forward-looking statements will occur
or, if they do occur, what benefits the Company will obtain from
them. Readers are urged to consider these factors, and the more
extensive risk factors included in the filing statement filed by
the Company in connection with the Transaction, carefully in
evaluating the forward-looking statements contained in this news
release and are cautioned not to place undue reliance on such
forward-looking statements, which are qualified in their entirety
by these cautionary statements. These forward-looking statements
are made as of the date hereof and the Company disclaims any intent
or obligation to update publicly any forward-looking statements,
whether as a result of new information, future events or results or
otherwise, except as required by applicable securities laws.
Abcann Global Corporation (TSXV:ABCN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Abcann Global Corporation (TSXV:ABCN)
Historical Stock Chart
From Apr 2023 to Apr 2024