16:17:50 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



World Class Extractions Inc
Symbol PUMP
Shares Issued 451,180,147
Close 2019-04-17 C$ 0.17
Market Cap C$ 76,700,625
Recent Sedar Documents

World Class hires Mackie Research as financial adviser

2019-04-18 09:53 ET - News Release

Mr. Michael McCombie reports

WORLD CLASS RETAINS MACKIE RESEARCH CAPITAL FOR CAPITAL MARKETS SERVICES

World Class Extractions Inc. has retained the services of Mackie Research Capital Corp. to act as financial adviser to the company.

Mackie Research will provide advisory services to World Class. The company has agreed to retain Mackie Research for an initial term of three months, and the arrangement may be extended by mutual agreement.

As part of the compensation for its services, the company will grant three million common share purchase warrants to Mackie Research. Each Mackie warrant entitles the holder thereof to purchase one common share in the capital of the company at an exercise price of 18 cents at any time up to 36 months following the date hereof. The Mackie warrants are conditional on vesting if the daily volume weighted average trading price of the common shares exceeds 18 cents for 20 consecutive trading days within six months of issuance.

About Mackie Research Capital Corp.

Mackie is one of Canada's largest independent full-service investment firms, and proudly traces its roots back to 1921. Mackie is privately owned by many of its 300 employees. As a fully integrated national investment dealer, Mackie offers a full complement of capital markets and wealth management services to private clients, institutions and growth companies.

About World Class Extractions Inc.

World Class Extractions is a Canadian based developer of an innovative extraction process for both the hemp and cannabis industry. The company intends to provide single-step continuous-flow extraction services to the hemp and cannabis industry. Using patent pending technology, the company's results produce higher yields and better quality crude hemp oil at faster rates. The technology allows the extraction of cannabidiol oil and other related extracts from wet or dried natural plants.

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