Global UAV, Major Telecom and VineView Perform 4G Supported Agriculture Survey at Jost Vineyards

Vancouver, British Columbia–(Newsfile Corp. – October 23, 2018) – Global UAV Technologies Ltd. (CSE: UAV) (OTC: YRLLF) (FSE: YAB2) (the “Company” or “Global UAV”), a diversified and vertically integrated drone technology company, recently completed a 4G drone technology proof of concept mission with Jöst Vineyards, VineView – Scientific Aerial Imaging, Inc., (“VineView”) and a major Canadian Telecommunications partner.

Global UAV provided the 4G enabled Procyon 800E helicopter drone platform and specialized imaging payload, pilots and engineering support for the project.

The mission demonstrated a real word application of cutting-edge drone technology for the “Digital Vineyard of the Future” project. The mission provided valuable quantitative scientific data to the vineyard. Global UAV flew a 4G enabled multi-spectral imaging survey over Jöst Vineyards in Nova Scotia with a Procyon 800E helicopter, the company’s proprietary drone that is designed, engineered and manufactured by Global UAV’s subsidiary, NOVAerial Robotics Inc. A key factor and technical aspect of the mission was to demonstrate drone-enabled real-time data transfer capabilities over the 4G cellular network.

The project partners included one of Canada’s largest telecommunications companies. Global UAV worked with VineView and the telecommunications partner to integrate the 4G technology onto the Procyon 800E UAV platform, fly the survey and transfer the data over the 4G network in real-time during flight. VineView post-processed and interpreted the multi-spectral imagery and produced diagnostic maps used by Jöst Vineyards for crop uniformity optimization, irrigation management, harvest planning, and plant health information.

By completing this project Global UAV has established an additional business opportunity vertical it can access by providing “high value crop” surveys which can be managed within the existing business units of Global UAV.

The survey was flown over the Jöst Vineyards in Malagash, Nova Scotia, part of the Devonian Coast Wineries group. Jöst Vineyards will use the optimized data to determine plant health and harvest information as a part of the “Digital Vineyard of the Future” project on which all the above companies and partners are collaborating.

“This is a pivotal opportunity for Global UAV and emphasizes the broad exposure to major telecom partners that our innovation and 4G technology development efforts have landed. In addition, we are excited to reveal the new technology our Company brings to the viticulture and agriculture industry. Collaboration with VineView, Jöst Vineyards and the major telecom partner confirms Global UAV’s emergence as an industry leading drone technology company with wide technology applications across many industry verticals. The application of this technology demonstrates Global UAV’s ability to deploy “real world” solutions that can extend and accelerate our business opportunities,” commented Michael Burns, CEO, Global UAV Technologies Ltd.

“Fine wine making is in the growing of grapes with specific qualities, where many variables have to be taken into consideration. We see these emerging technologies offering excellent opportunities for integrated measurement and management of our vineyards and focus on Precision Viticulture,” stated Jonathan Rodwell, Director of Viticulture and Winemaking, Jöst Vineyards.

About Global UAV Technologies Ltd.

Global UAV Technologies Ltd. is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (“UAV”) sector. Through its wholly owned subsidiaries – Pioneer Aerial Surveys Ltd., High Eye Aerial Imaging Inc., UAV Regulatory Services Inc., and NOVAerial Robotics Inc.— Global UAV Technologies Ltd. provides a full spectrum of UAV-based services and products including drone research and development and manufacturing, flight services and regulatory compliance. Global UAV Technologies Ltd. will continue its growth through technology development, expanding the business of its current divisions and the continued evaluation of potential acquisitions. Global UAV is well positioned for growth as a vertically integrated drone technology company.

About Jöst Vinyards

The largest of Devonian Coast Wineries vineyards, Jöst Vineyards is nestled in the gentle hills and sheltered coastal inlets of the Northumberland shores. The longest operating and largest winery in Nova Scotia, Jöst Vineyards is a pioneer of the Nova Scotia wine industry producing distinctive wines and styles, which have won hundreds of national and international awards. For more information visit: www.devoniancoast.ca.

About VineView

VineView has emerged as the leading provider of crop diagnostics for vineyards, working with some of the most prestigious wine brands in the world. Backed by over 15 years of unparalleled industry experience, VineView delivers innovative, custom data solutions that assist in crop uniformity optimization, irrigation management, harvest planning, disease mapping, and much more. For more information visit www.vineview.com.

On behalf of the Board of Directors,

“Michael Burns”
Michael Burns
CEO & Director

For additional information please contact:

Global UAV Technologies Ltd.
Investor Information
Telephone: 1 888-905-7011
Email: ir@globaluavtech.com
www.globaluavtech.com

We invite all shareholders and stakeholders to join the Global UAV Technologies Ltd. portal on 8020 Connect. Connect here: http://bit.ly/GlobalUAV

Neither Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement

Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in public markets, service industries, manufacturing and the UAV Sector. As a result, actual results may vary materially from those described in the forward-looking statements.

Advertisements

SDI Announces Closing of USD$1.275 Million Financing

Wakefield, Massachusetts–(Newsfile Corp. – October 23, 2018) – Security Devices International Inc. (CSE: SDZ) (OTCQB: SDEV) (“SDI” or the “Company“) announced today that it has completed the issuance of convertible notes (the “Notes“) and warrants (the “Warrants“) to raise USD $1,275,000. The Notes and Warrants were issued in a non-brokered transaction.

The Notes and Warrants were sold at a price of USD$1,000 per Unit. Each Unit will consist of one USD$1,000 debenture of the Company and four thousand (4,000) Warrants to purchase the stock of the Company at USD$0.25 per common share. The term of the Notes is 18 months, and the Notes bear interest at a rate of 10% per annum.

Each Warrant is exercisable for one common share of SDI during the 60 months following the closing of the private placement at an exercise price of USD$0.25. If the closing price of the shares of common stock is over USD$0.35 per share for a period of 20 consecutive trading days ending more than two years after the closing of the Offering, the Company may give written notice to the registered holders of the Warrants accelerating the expiry date of the Warrants to a date not less than 30 days following the date of that notice.

Any principal amount of the Note plus any accrued interest can be convertible at the option of the holders into Common Shares of the Issuer at any time after the closing date at a rate of 6,666.67 Common Shares per USD$1,000, or an implied conversion price of USD$0.15 per common share.

The net proceeds will be used to launch the Company’s new product called the “Byrna™ HD” Personal Security Device (“PSD“) including tooling and assembly, as well as, launching a media campaign. The Byrna™ HD is a disruptive new non-lethal device aimed at the home defense and personal security markets.  Its small size (similar to popular lethal handguns on the market today), ease of obtaining (no gun license required), ease of carry, effectiveness in deterring or stopping an intruder and price point (under $300) should be appealing to homeowners who want protection, but either don’t want the hassle of obtaining a gun license or don’t want the risk of having a hand gun in their home. 

SDI’s CEO Paul Jensen commented on the funding, “Closing the financing gives the Company the capital required to launch our much-awaited Byrna™ HD Personal Security Device. The Company has taken a pre-order in the thousands of units for delivery in December and intends to start shipping the Byrna™ to consumers in January 2019.”

SDI issued USD $100,000 of Notes to subscribers who are related parties of SDI under Multilateral Instrument 61-101 (“MI 61-101”). SDI is exempt from the formal valuation requirement and shareholder approval requirement of MI 61-101, as described in more detail in the material change report to be filed in connection with this private placement.

The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of any offer to buy nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction.

Additionally, the Company has made a share issuance to Paul Jensen under the employment agreement announced August 28, 2017. SDI issued 136,146 common shares at a deemed price of CAD$0.1916 per share to satisfy the payment balance of non-cash payment for the quarter. The shares are subject to a four-month hold period.

Additionally, the Company has issued 500,000 common shares to Bryan Ganz pursuant to his agreement dated June 1, 2018 with the Company, under which Mr. Ganz is to provide his services as President of the Company.

Additionally, the Company has issued 180,000 common shares to 2412457 Ontario Corp. (a corporation controlled by Dean Thrasher), pursuant to 2412437 Ontario Corp.’s agreement with the Company dated July 1, 2018 under which 2412437 Ontario Corp. provides the services of Dean Thrasher as Executive Chairman to the Company.

Each of Mr. Jensen, Mr. Ganz and Mr. Thrasher (and, accordingly, 2142457 Ontario Corp.) is a related party of SDI under Multilateral Instrument 61-101 (“MI 61-101”). SDI is exempt from the formal valuation requirement and shareholder approval requirement of MI 61-101 in connection with the foregoing issuances.

The Company furthermore announces the issuance of 650,000 options under the SDI option plan to specified management and board of directors. These options have an expiry date of October 21, 2023 with an exercise price of CAD$0.19.

FORWARD-LOOKING STATEMENTS

Certain statements in this news release constitute forward-looking statements. These statements relate to future events or SDI’s future performance and include the expansion of SDI’s product offering and the completion of several development projects. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of SDI believes are reasonable assumptions on the date of this news release, SDI cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and SDI 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 under applicable securities regulations.

About Security Devices International Inc.

SDI is a technology company specializing in the areas of Personal Security Devices, Military, Law Enforcement, Corrections, and Private Security. The Company develops and manufactures innovative, less lethal equipment and munitions.

CONTACT:
Security Devices International Inc.
Paul Jensen, CEO
Tel. 978-868-5011
www.securitydii.com

Ammbr Partners with Global Blockchain for Network Development and Public Crowdsale

Singapore-based Ammbr, which develops a distributed “wireless mesh” internet access network, including the corresponding hardware solutions, has partnered with Global Blockchain Mining Corp. to launch its crypto asset, the AMR token, and administer its public crowdsale. The AMR token will be the official currency of Ammbr’s network protocol, which acts as a distributed internet service provider. The public crowdsale will be hosted on the Singularity exchange, and is presently set to begin in December.
 

Vancouver, British Columbia–(Newsfile Corp. – October 23, 2018) – GLOBAL BLOCKCHAIN MINING CORP. (CSE: FORK) (OTC Pink: GBCHF) (“FORK” or the “Company”) announces that it has partnered with Ammbr Foundation Pte. Ltd. (“Ammbr”) to launch its AMR crypto asset, and conduct its public crowdsale on Singularity (https://singularity.exchange). Ammbr has developed a network protocol which provides “wireless mesh” internet access using a distributed network of routers, creating a democratized and trustless internet service provider equivalent. It has also developed three different router products, including a portable router, an in-home router, and a solar-powered outdoor router. The AMR crypto asset will be the Ammbr network’s official currency, as a means of providing access to the network, as well as facilitating transactions on it.

The public crowdsale for AMR, which is set to begin in December, follows its private sale, which has been successfully completed. Participants in the public crowdsale can purchase AMR using any asset that is traded on the Singularity Exchange, owned and operated by Global Blockchain Technologies Corp., FORK’s sister company. As of this writing, 400,000,000 AMR tokens will be available in the public crowdsale, which will be priced at US $0.025 each. The total issuance of AMR tokens is 2,000,000,000 units. In exchange for its advisory and crowdsale administration services, FORK will receive 241,550,000 AMR tokens, as well as 10% of all proceeds from the public crowdsale. The Company will also operate nodes on the Ammbr network, which are positioned to generate consistent revenue. The expected launch date of the Ammbr network will align with the 2019 Mobile World Congress (February 25 to 28 in Barcelona), at which Ammbr and FORK will have presence.

“The versatility of wireless mesh networks like Ammbr’s network is incredible”, said Shidan Gouran, President and CEO of the Company. “It is widely used by the US military, and even Google is incorporating it into its wireless home products. In the first world, we take for granted how readily available the internet is. Wireless mesh networks will improve internet accessibility in regions where this is not the case, which will translate to social, environmental, and economic impact in developing regions. By using a blockchain network to manage Ammbr’s network with its own cryptocurrency, this version of a mesh network will be scalable and sustainable, with easy setup using Ammbr’s plug-and-play network hardware.”

FORK Chairman Steve Nerayoff added, “According to the World Bank, more than 76% of the US population uses the internet. However, if you compare that to regions such as sub-Saharan Africa at 19.84%, it is easy to see that much of the world is yet to benefit from the abilities of the internet as a widely available resource. Since wireless mesh networks can spread internet connectivity more evenly within a given region, Ammbr’s network will be positioned to bring significant changes to many parts of the world. With blockchain technology at the network’s foundation, it can be rapidly built, scaled, and incentivized. Combining the abilities of our team and Ammbr’s hardware development expertise, this partnership will make a large-scale wireless mesh network a near-term reality.”

“FORK is our ideal partner for this undertaking, because their team is just as versed in communications as they are in blockchain”, commented Derick Smith, founder of Ammbr. “There are not many people who have had the kind of influence on telecom and wireless technology that members of FORK’s team and advisors have. While blockchain is the current focus, Ammbr is primarily about wireless networking. Given that FORK will be able to approach our integration of blockchain technology into wireless mesh networks with a 360-degree view of all of the technologies involved, we foresee this going very smoothly, with some impressive launch to be seen at Mobile World Congress.”

Demonstrations of Ammbr’s technologies will be available in FORK’s private suite at CES 2019 in Las Vegas. Interested parties may contact FORK to arrange an invitation.

For more information about Ammbr, please visit www.ammbrtech.com.

On behalf of the Company:
Shidan Gouran, President and CEO
info@globalblockchain.io

For more information please contact:
Global Blockchain Mining Corp. Investor Relations
ir@globalblockchain.io

About Global Blockchain Mining Corp.

Global Blockchain Mining Corp. is a technology company that is engaged in the business of mining blue-chip cryptocurrencies through the deployment of hardware and associated infrastructure to mine these coins. Investors, through their investment in the Company, are provided with exposure to these cryptocurrencies without the lengthy, and complicated process that interested investors must undergo in order to gain exposure to these cryptocurrencies.

The Company is listed on the Canadian Securities Exchange (“CSE“) and its common shares trade under the ticker symbol “FORK”. Additional information relating to the Company is available on SEDAR at www.sedar.com, the CSE at www.theCSE.com as well as on the Company’s website at: www.forkcse.com

Cautionary Note Regarding Forward-Looking Information

Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”,”may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed onthe forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Sixty North Gold Announces Brokered Private Placements

Vancouver, British Columbia–(Newsfile Corp. – October 22, 2018) – Sixty North Gold Mining Ltd. (CSE: SXTY) (“Sixty North” or the “Company”) is pleased to announce that it has negotiated brokered private placements with Mackie Research Capital Corporation (the “Agent”) as lead agent and sole book runner to raise gross proceeds of up to $2,250,000 (the “Financings”). The Agent also has the option to increase the size of the Financings by up to another 15% for over-allotments (the “Over-allotment Option”), by written notice to the Company at any time at least 48 hours prior to the date of closing of the Financings (the “Closing Date”).

Under the terms of the Financings, the Company will issue up to 7,692,308 flow-through shares (the “FT Shares”) at a price of $0.13 per FT Share for gross proceeds of a minimum of $500,000 and up to a maximum of $1,000,000, plus any additional FT Shares issued under the Over-allotment Option, and up to 12,500,000 non flow-through units (the “Units”) at a price of $0.10 per Unit for gross proceeds of up to $1,250,000, plus any additional Units issued under the Over-allotment Option. The FT Shares will entitle the Canadian resident holders to receive the federal income tax benefits applicable to flow-through shares, in accordance with provisions of the Income Tax Act (Canada).

Each Unit will consist of one (1) non flow-through common share (the “Shares”) and one-half (1/2) of a non flow-through share purchase warrant (the “Warrants”). Each whole Warrant will be non-transferable and will entitle the holder to purchase one (1) additional non flow-through common share, exercisable at a price of $0.20 per share for a period of two (2) years from the date of closing of the Financings (the “Closing Date”). In the event that the common shares of the Company trade at a closing price greater than $0.30 per share for a period of 10 consecutive trading days, then the Company may deliver a notice to the Warrant holders that they must exercise their Warrants within the next 30 days, or the Warrants will expire.

The Company will use the gross proceeds from the sale of the FT Shares to further exploration and development work on the its Mon Gold Property in the Northwest Territories (NWT). The Company will use the net proceeds from the sale of the Units for further underground development work and general working capital purposes.

In connection with the Unit and FT Share offerings, Mackie Research Capital Corporation will be paid a commission of 7.0% of the funds raised, a compensation option to acquire Units equal to 10% of the total number of Units sold at an exercise price of $0.10 per Unit, and a compensation option to acquire Shares equal to 10% of the total number of FT Shares sold at an exercise price of $0.13 per Share, both compensation options being exercisable for a term of two years from the Closing Date.

About the Company

The Company is engaged in acquisition, exploration and development of mineral properties. Its principal target is the exploration for gold on the Mon Gold Property, 40 km north of Yellowknife, NWT. The Mon Gold Property consists of 11 contiguous mining leases and 3 mineral claims, comprising an aggregate 1,536.92 acres, located in the South MacKenzie Mining District, NWT. For more information, please refer to the Company’s Prospectus dated January 19, 2018 available on SEDAR (www.sedar.com), under the Company’s profile.

ON BEHALF OF THE BOARD OF DIRECTORS

“John Campbell”
__________________________________
John Campbell,
Chairman, President and Chief Financial Officer

For further information, please contact:
Ronald Handford, CEO 604-230-4263
Email: rhandford@sixtynorthgold.com
Website: www.sixtynorthgold.com

Micromem Financing Update

Toronto, Ontario and New York, New York–(Newsfile Corp. – October 22, 2018) – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) announces the following:

  • the completion of unsecured convertible debentures totaling $30,000 CAD and $42,000 USD, bearing an interest rate of one percent (1%) per month, calculated daily, maturing in six months. At any time prior to repayment, the outstanding principal and interest of the convertible debenture may be converted, at the option of the lender, into common shares of the Company at a price per common share of $0.055 CAD ($0.042 USD), and shall be subject to a four month and one day hold period. The proceeds are committed to general working capital and repaying debentures.
  • the closing of non-brokered private placements totaling (the “Private Placements”) $60,000 CDN and $105,650 USD at $0.05 CAD ($0.038 USD) per common share. The proceeds are committed to general working capital and repaying debentures. The common shares issued pursuant to the Private Placement shall be subject to a four month and one day hold period.
  • the repayment of an unsecured debenture totaling $30,000 USD originally secured in March, 2016.
  • the repayment on November 5, 2018 of an unsecured debenture with a balance owing of $80,000 CDN originally secured in February, 2017.
  • the issuance of 516,667 shares at $0.06 CDN to repay an unsecured debenture, including interest, originally secured in October, 2017, leaving a balance of $229,772 CDN.

About Micromem and MASTInc 

MASTInc is a wholly owned U.S.-based subsidiary of Micromem Technologies Inc., a publicly traded (OTCQB: MMTIF) (CSE: MRM) company. MASTInc analyzes specific industry sectors to create intelligent game-changing applications that address unmet market needs. By leveraging its expertise and experience with sophisticated magnetic sensor applications, MASTInc successfully powers the development and implementation of innovative solutions for oil & gas, utilities, automotive, healthcare, government, information technology, manufacturing, and other industries. Visit www.micromeminc.com www.mastinc.com.

Safe Harbor Statement

This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company’s actual results to differ materially from those projected in such forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward looking statements include: our inability to obtain additional financing on acceptable terms; risk that our products and services will not gain widespread market acceptance; continued consumer adoption of digital technology; inability to compete with others who provide comparable products; the failure of our technology; the infringement of our technology with proprietary rights of third parties; inability to respond to consumer and technological demands; inability to replace significant customers; seasonal nature of our business; and other risks detailed in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. When used in this document, the words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “should,” “intend,” “may,” “will,” “would,” “potential,” and similar expressions may be used to identify forward-looking statements.

The CSE or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release that has been prepared by management.

###

Listing: NASD OTC-QB – Symbol: MMTIF
              CSE – Symbol: MRM

Shares issued: 253,302,484
SEC File No: 0-26005
Investor Contact: info@micromeminc.com; Tel. 416-364-2023
Subscribe to receive News Releases by Email on our website’s home page. www.micromeminc.com

InvestmentPitch Media Video Discusses Canntab Therapeutics and its Application to Become a Licensed Producer Under ACMPR with Health Canada – Video News Alert on Investmentpitch.com

Vancouver, British Columbia–(Newsfile Corp. – October 22, 2018) –  Canntab Therapeutics (CSE: PILL) (FSE: TBF1), a Canadian cannabis oral dosage formulation company, engaged in the research and development of advanced pharmaceutical grade formulations of cannabinoids, has filed an application to become a Licensed Producer under the Access to Cannabis for Medical Purposes Regulations with Health Canada. The License, if granted by Health Canada, would allow the company to process cannabis products at its current production facility in Markham, Ontario with minimal additional capital expenditures as compared to a new purpose-built facility.

InvestmentPitch Media has produced a “video” which provides a brief overview of this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Canntab” in the search box.

Cannot view this video? Visit:
http://www.investmentpitch.com/video/0_kxd7f0qt/Canntab-Therapetics-files-application-to-become-Licensed-Producer-under-ACMPR-

Canntab has developed a suite of precision oral dose products that are unavailable elsewhere in the marketplace. The company’s patented technology focuses on the delivery of standardized medical cannabis extract, from selective strains, allowing medical professionals to provide pharmaceutical dosages to deliver therapeutic treatments to their patients.

Jeff Renwick, CEO of CannTab, stated: “We are excited to announce, as we enter into a new era of legalization, that Canntab has submitted its application to Health Canada to become a Licensed Producer. This is another step that enables Canntab to further diversify its manufacturing and distribution capabilities towards a world-wide rollout of its suite of precision oral dose delivery platforms for cannabis-based products.”

Canntab recently signed a non-binding Letter of Intent with NewCanna S.A.S. of Bogota, Colombia. The LOI establishes a significant bi-lateral relationship granting NewCanna the right to sell and distribute certain Canntab exclusive proprietary products, and the right to utilize Canntab’s know-how and patents in the countries of Colombia, Chile, Paraguay and Spain.

The two parties have a 60-day period to complete a formal agreement, which will trigger a one-time, non-refundable License Fee of US $2-million payable to Canntab by NewCanna in consideration for the exclusive license to be granted by Canntab to NewCanna. NewCanna would become a key supplier of raw materials for Canntab and on a cost basis which will be very favourable in comparison to other sources worldwide.

For more information, please visit the company’s website at www.canntab.ca, contact Richard Goldstein, CFO, at 416-957-6303 or email info@canntab.ca.

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company’s story ahead of the 1,000’s of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
bmorgan@investmentpitch.com

Abattis Bioceuticals Announces Board Change

Vancouver, British Columbia–(Newsfile Corp. – October 19, 2018) – Abattis Bioceuticals Corp. (CSE: ATT) (OTC Pink: ATTBF) (the “Company” or “Abattis“) is pleased to announce the additions of Kent McParland and Cedric Wilson to the Board of Directors (the “Board“). Mr. McParland and Mr. Wilson replace Cameron Paddock and Rene David who have left Abattis to concentrate on other ventures.

Mr. McParland is a Chartered Professional Accountant experienced in multiple industries and geographical locations. As the Company’s Chief Financial Officer and Chief Operating Officer, Mr. McParland adds considerable financial depth to the Board as the company continues to grow rapidly within the Cannabis space.

Mr. Wilson has over 30 years of financial services experience. In addition to working for a US Fortune 250 insurance company, Mr. Wilson is a serial entrepreneur, managing companies involved in a wide variety of industries ranging from real estate to food and beverage. Mr. Wilson has served as a director of several private and publicly listed companies, including a TSX senior listed company. His financial and entrepreneurial experience will bring considerable value to the board as the company continues to grow via mergers and acquisitions in this rapidly dynamic market.

“We are very excited to have Mr. McParland and Mr. Wilson join our Board of Directors.” stated Robert Abenante, President and CEO of Abattis Bioceuticals.

“Mr. McParland strengthens the financial aptitude of the Board, while Mr. Wilson’s wealth of experience in mergers and acquisitions will be a strong contribution as we continue to grow our business.”

“On behalf of the Company, I would like to thank Cameron Paddock and Rene David for their contributions to our Board of Directors.” continued Mr. Abenante. “In addition to being directors, Mr. Paddock was focused on the development of Gabriola Green Farms and Mr. David held several officer positions at Abattis. I wish them both the very best in their future endeavors and look forward to continuing our relationships in the future.”

About Abattis Bioceuticals Corp.

Abattis is a life sciences and biotechnology company which aggregates, integrates, and invests in cannabis technologies and biotechnology services for the legal cannabis industry developing in Canada. The Company has successfully developed and licensed natural health products, medicines, extractions, and ingredients for the biological, nutraceutical, bioceutical, and cosmetic markets. The Company is also seeking to acquire exclusive intellectual property rights to agricultural technologies to be employed in extraction and processing of botanical ingredients and compounds. The Company follows strict standard operating protocols and adheres to applicable laws of Canada and foreign jurisdictions.

ON BEHALF OF THE BOARD,
ABATTIS BIOCEUTICALS CORP,

Rob Abenante
Robert Abenante, President & CEO

For more information, please visit the Company’s website at: www.abattis.com

For inquiries please contact (808) 650-3007 or at investors@abattis.com. Abattis IR is managed by Canada One Communications Inc.

About Canada One Communications Inc.

Canada One is a full-service Investor Relations and Marketing company that focuses on both private and public sectors within the Canadian markets. Canada One offers timely responses to all investor inquiries over several mediums and effective, thorough market awareness programs that are specifically designed to maximize exposure and bring value to shareholders. Canada One’s dedicated and experienced team strives to promote client information to the public and educate potential investors on the various developments of its clients. From basic phone-call and email investor correspondence, to full-scale comprehensive marketing packages which includes industry analysis, website development, corporate videos and other marketing programs, Canada One provides a full suite of services that are fully compliant with Canadian securities regulations. Canada One is driven by an uncompromising dedication to provide publicly listed and private companies with across-the-board investor relations and marketing solutions, directly translating these services into organic growth and increased market value of its valued clients.