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Re: Pennymonsters post# 95

Thursday, 09/19/2019 12:56:33 PM

Thursday, September 19, 2019 12:56:33 PM

Post# of 126
8-K Item 5.01 Change in Control of Registrant.

On August 12, 2019, Chemesis International Inc., a British Columbia corporation (“Chemesis”) entered into nine (9) separate share exchange agreements with certain shareholders of GSRX Industries Inc., a Nevada corporation (the “Company”), including all the Company’s officers and directors, to exchange the Company capital stock owned by such individuals in exchange for common shares of Chemesis. The agreements were subject to Chemesis’ due diligence. The agreements closed on August 28, 2019. As a result, Chemesis now owns approximately 66% of the Company’s capital stock and as such these transactions constitute a “change in control” with Chemesis becoming the new “control person”. A form of the share exchange agreements is attached hereto as Exhibit 10.1 and incorporated by reference.

https://www.otcmarkets.com/filing/html?id=13648138&guid=g25fUqq8LMir13h

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