10:54:37 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Evitrade Health Systems Corp
Symbol EVA
Shares Issued 7,790,265
Close 2017-04-10 C$ 3.00
Market Cap C$ 23,370,795
Recent Sedar Documents

Evitrade closes hemp assets for C&C subsidiary

2017-04-10 09:11 ET - News Release

Mr. Ron Ozols reports

EVITRADE CLOSES CANNABIS RELATED ASSETS IN ESCROW

Evitrade Health Systems Corp. has closed on all hemp and cannabis assets related for the C&C Cosmeceuticals Corp. subsidiary in escrow as of Friday, April 7, 2017. The company has issued 3.5 million shares for the cannabidiol plant oils extraction company; the shares are restricted for a minimum of four months plus a day as they are subject to Canadian securities regulations, exchange and any other required approvals.

The company can now proceed with the plan of arrangement as approved. The proposed dividend record date for receiving shares in the C&C Cosmeceuticals subsidiary is currently set for Monday, April 24, 2017, which means that the company would trade ex dividend on Thursday, April 20, 2017. The share exchange or payout ratio as previously announced will be on a 1:1 basis for all shareholders who have acquired shares in the company before Thursday, April 20, 2017, to receive shares in the C&C Cosmeceuticals subsidiary. A final bulletin will be released confirming all details prior to Thursday, April 20, 2017.

About Evitrade Health Systems Corp.

Evitrade provides on-line digital health care services for resolving common health problems. The current markets are weight loss, high blood pressure, high blood glucose and heart arrhythmia.

We seek Safe Harbor.

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