Captor Cap Corp. (CPTR)

[PotterBanker]

Captor Capital CEO takes Common Shares in lieu of Cash Salary and Bonuses

https://globenewswire.com/news-release/2019/01/03/1680152/0/en/Captor-Capital-CEO-takes-Common-Shares-in-lieu-of-Cash-Salary-and-Bonuses.html

TORONTO, Jan. 03, 2019 (GLOBE NEWSWIRE) -- Captor Capital Corp. (“Captor” or the “Company”) (CSE: CPTR; FRANKFURT: NMV; STUTTGART: NMVA; USOTC: NWURF), a cannabis-focused investment company, announced today that CEO of Captor, John Zorbas, was issued 233,333 common shares at a deemed issue price of $1.50 in lieu of receiving $350,000 in deferred and unpaid salary and bonuses owing to Mr. Zorbas. Mr. Zorbas said “Captor has valuable and promising cannabis assets and I believe strongly in the long-term success of Captor’s business. Converting my unpaid salary into shares, further aligns my interests with the interests of our shareholders.”

About Captor Capital

Captor Capital Corp. is a Canadian firm focused on the cannabis sector listed on the Canadian Securities Exchange, the OTC, and the Frankfurt and Stuttgart stock exchanges. A vertically integrated cannabis company, Captor provides recreational and medical marijuana based products to consumers via its leading brands and dispensary locations. Listed on the Canadian Securities Exchange, the OTCUSA, and the Frankfurt Stock Exchange, Captor owns and operates advanced growing facilities which produce consistent high quality contaminant free marijuana for its customers, as well as other high demand cannabis based goods for consumption. The Company follows a strategy of acquiring cash flowing established companies and organizations with growth potential that require capital to scale. Captor currently has a number of revenue generating cannabis investments including the world famous West Hollywood MedMen branded dispensary, CHAI in Santa Cruz and Higher Level, Castroville. The Company also owns Mellow Extracts, a highly regarded producer of cannabis extracts based in Costa Mesa, CA. Captor Capital is currently looking at additional revenue generating investments in the cannabis space and will be updating the market in due course.

Contact
Gavin Davidson, Communications
Captor Capital Corp.
647.524.5479
[e-mail]