August 2, 2019.
1933 Industries Announces Extraordinary Meeting of Convertible Debenture Holders and Retains Renmark Financial Communication Inc.
1933 Industries Inc., a vertically integrated cannabis consumer packaged goods company, is pleased to provide the following updates:
Notice of Extraordinary General Meeting of Holders of 10% Senior Unsecured Convertible Debentures Due September 14, 2021
The Company will be holding a meeting of shareholders holding 10% Sr Unsecured Convertible Debentures with an expiry date of September 14, 2021 (“Debentureholders”). The meeting details are as follows:
Date: August 28, 2019
Time: 10 a.m. (Pacific Time)
Place: Armstrong Simpson
Suite 2080 – 777 Hornby Street
Vancouver, BC V6Z 1S4
The purpose of the meeting is to approve an amendment to the Debentures to allow for the payment of interest thereunder through the issuance of common shares of the Company or in cash, at the discretion of the Company.
A Management Information Circular (‘Circular”) containing a detailed description of the Debenture Amendments has been mailed to the Company’s Debentureholders of record. The Company encourages Debentureholders to vote in person or represented by proxy at the meeting, in accordance to the instructions provided in the Circular.Investor Relations Activities
The Company is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to augment its investor relations activities.
“We selected Renmark to reinforce 1933 Industries Inc.'s profile in the financial community and enhance the visibility of our Company. Renmark’s standards and methodologies fit best with the message we wish to communicate to the investing public and we look forward to working with them in this regard,” noted Mr. Chris Rebentisch, Chief Executive Officer.
In consideration of the services to be provided, the monthly fees incurred by 1933 Industries Inc. will be a cash consideration of up to $8,000 CAD, starting August 1st, 2019 for a period of six months ending on January 31st, and monthly thereafter. Renmark Financial Communications does not have any interest, directly or indirectly, in 1933 Industries Inc. or its securities, or any right or intent to acquire such an interest.
The Company also announces that Mr. Joe Bleackley has stepped down as Chief Operating Officer, effective immediately. The Company thanks Mr. Bleackley for his contributions over the past two years.
MADLONG2029
