Lexaria Bioscience Corp (LEXX)

[Shawking]

Hill Street does not say why stock is up

2020-05-22 15:32 ET - News Release


Mr. Terry Donnelly reports

UNAWARE OF MATERIAL CHANGE

At the request of the Investment Industry Regulatory Organization of Canada, Hill Street Beverage Company Inc. has confirmed that the company's management is unaware of any material change in the company's operations that would account for the recent increase in market activity. Additionally, further to its press release dated May 4, 2020, the company has issued 1,584,801 common shares in the capital of the company to former senior officers of the company to satisfy certain severance obligations. The shares were issued at a deemed price per share of eight cents. The shares are subject to a statutory hold period of four months and one day from the date of issuance.

© 2020 Canjex Publishing Ltd. All rights reserved.