KELOWNA, BC, Nov. 23, 2018 /CNW/ - GTEC Holdings Ltd.
(TSXV: GTEC) (OTC: GGTTF) ("GTEC" or the "Company")
announces that Kam Thindal has
resigned from the board of directors effective today to pursue
other interests. The Company would like to take this opportunity to
thank Mr. Thindal for his service as a director of the Company.
"Kam has been a founding director of GTEC and I look forward to
his continued involvement as a shareholder and friend of the
Company," said Norton Singhavon, Founder, Chairman, and CEO of the
Company.
"Norton and the GTEC team have done a commendable job in
acquiring assets and positioning themselves as a truly vertically
integrated cannabis company. I wish them the best in executing on
their business plan and the recently announced merger," said
Kam Thindal.
About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the
nascent and rapidly growing legal cannabis industry. GTEC is a
public corporation listed on the TSX Venture Exchange and based in
Kelowna, British Columbia. GTEC is
focused on growing premium quality craft cannabis in purpose-built
indoor facilities. GTEC currently holds a 100% interest in GreenTec
Bio-Pharmaceuticals Corp., Alberta Craft Cannabis Inc. Grey Bruce
Farms Inc., Tumbleweed Farms Corp., Zenalytic Laboratories Ltd.,
and Spectre Labs Inc.
To view more about the company or to request our most recent
corporate presentation, please visit our website
at www.gtec.co.
On behalf of the board,
Norton Singhavon
Founder, Chairman & CEO
ns@gtec.co
Michael Blady
Co-Founder & Vice President
mb@gtec.co
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.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION:
This news release includes certain "forward-looking
statements" under applicable Canadian securities legislation.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other
factors which may cause the actual results and future events to
differ materially from those expressed or implied by such
forward-looking statements. Such factors include, but are not
limited to: general business, economic, competitive, political and
social uncertainties; delay or failure to receive board,
shareholder or regulatory approvals, where applicable and the state
of the capital markets. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
SOURCE GreenTec Holdings