Indigenous Roots Corp (fka IRCC)

[adijas]

8k out

On October 15, 2021, a majority of the shareholders of the Company consented in writing to effectuate a spin-off of Edison Power Corp. ("EPC"), the Company's wholly-owned subsidiary.

Once effectuated, the Spin-Off of EPC would result in the Company's Common stockholders, on October 22, 2021 (the "Record Date"), owning one half share of the Common Stock of EPC for each one share owned of the Common Stock of the Company.

The Board of Directors believes that it is in the best interests of the Company to implement the spin-off in order to change the business direction of the Company and to make application for EPC to seek a listing on the OTC Markets and to become a fully reporting issuer on its own.