KMC.H KMT Hansa Corp

ANGUILLA, British West Indies, May 8, 2019 /CNW/ - KMT-Hansa Corp. (NEX: KMC.H) ("KMT" or the "Company") is making a summarized press release that covers press releases made on 3 occasions dated November 12, 2018; January 15, 2019 and February 5, 2019. The press releases from the 3 occasions were not picked up by news agencies properly. The Company apologizes for any cause of inconvenience.

1. November 12, 2018: KMT-Hansa Corp. (NEX: KMC.H) ("KMT" or the "Company") is pleased to announce it entered into an agreement (the "Agreement") on October 29, 2018 with HDD Investment Holdings Corp. ("HDD"), a company that owns fifty thousand (50,000) Chinese mu (8,237 acres, 3,333 hectares) of land in Hainan, China (the "Hainan Site") that it intends to develop. Pursuant to the Agreement, KMT proposes to enter into a transaction (the "Transaction") with HDD, wherein KMT will acquire HDD by issuing common shares to its shareholders who will become the majority shareholders of KMT. The Agreement is subject to shareholder and regulatory approval. HDD, an Anguilla corporation, intends to develop the Hainan Site through several development projects that will be in accordance with Hainan's 13th 5-Year plan that identifies twelve key industries including tropical "high-efficiency agriculture", "low-carbon manufacturing", "real estate", and "high tech". More information about HDD and the Hainan development plans will be provided in a future press release. The Company will seek shareholder approval for i) the transaction, ii) a change in its name to a name to be proposed by HDD, iii) the valuation of HDD that will determine the number of shares of the Company to be issued to HDD shareholders, iv) a consolidation of the common shares if needed, v) a new stock option plan, and vi) a new slate of directors to be nominated by HDD subject to completion of the transaction. The Transaction will be subject to various conditions imposed by the parties, terms of a definitive agreement, the TSX Venture Exchange, and regulatory bodies in Canada or Anguilla. There is no assurance that the Transaction will be completed as proposed or at all. Further details of the proposed transaction, and a definitive agreement will be provided when available.
   
   
2. January 15, 2019: Anguilla, British West Indies – KMT-Hansa Corp. ("KMT" or the "Company") announces that HDD Investment Holdings Corp. ("HDD"), a private company incorporated pursuant to the laws of Anguilla, has acquired, by way of a private transaction, an aggregate of 14,103,827 common shares (the "Shares"), representing 51% of the issued and outstanding securities of KMT. The Company anticipates that in connection with the purchase of the Shares, the current directors of the Company will resign and nominees of HDD will be appointed to the board of KMT. HDD will provide the Company with working capital and funding which will allow the Company to explore the development of new business ventures. The Company will also be making, at a future date, an application to the TSX Venture Exchange for the relisting of its securities for trading through the facilities of the TSX Venture Exchange. The Company also announces that the proposed transaction between the Company and HDD, as set out in the Company's press release of November 12, 2018, has been terminated.
   
   
3. February 5, 2019: Anguilla, British West Indies - KMT-Hansa Corp. ("KMT" or the "Company") announces its annual meeting of shareholders will be held on April 3, 2019. The record date for notice and voting will be February 27, 2019. Further details of the meeting will be provided in subsequent communication to shareholders. The Company's largest shareholder, HDD Investment Holdings Corp. ("HDD"), is expected to propose new directors and lead the Company in its efforts to develop new business ventures and in its plans to apply to the TSX Venture Exchange for the relisting of its securities for trading through the facilities of the TSX Venture Exchange. More information about KMT-Hansa Corp. can be found at www.kmt- hansa.com and the Company can be contacted by email at edward.chan@hddcorp.com. More information about HDD can be found at www.hddihcorp.com
   
   
4. May 08, 2019: Anguilla, British West Indies - KMT-Hansa Corp. ("KMT" or the "Company") announces its annual meeting of shareholders announces its annual meeting of shareholders has been changed and to be held on May 15, 2019 from April 3, 2019. The record date for the notice and voting will be April 10, 2019. Further details of the meeting will be provided in subsequent communication to shareholders. More information about KMT-Hansa Corp. can be found at www.kmt- hansa.com and the Company can be contacted by email at edward.chan@hddcorp.com. More information about HDD can be found at www.hddihcorp.com.

SOURCE KMT-Hansa Corp.