Received by email:
Big Rock Labs Terminates Letter of Intent for Proposed Reverse Takeover and
Toronto, ON - April 26, 2017 - Big Rock Labs Inc. ("Big Rock" or the "Company") (CSE: BLA) (FSE:
BR1) announces that it has terminated the non-binding Letter of Intent with respect to a proposed
Reverse Takeover ("RTO") of 1945894 Ontario Ltd. and its wholly owned U.S. subsidiary, as
described in the press release on April 13, 2017.
Based on current market conditions of the oil & gas market, the transaction was not in the best
interests of Big Rock shareholders.
The Company's Board of Directors will continue to pursue an RTO or a similar transaction with a
About the Company
Big Rock Labs Inc. (CSE: BLA) (FSE: BR1) is an emerging Canadian technology company that
specializes in digital product research and development. The Company is actively targeting strategic
acquisitions of high growth companies in emerging industries.
The CSE has not reviewed, nor approved or disapproved the content of this press release.
This press release includes forward-looking information within the meaning of Canadian securities
legislation concerning the business of the Company. Forward-looking information is based on certain
key expectations and assumptions made by the management of the Company, including future plans
for development of technologies by the Company. Although the Company believes that the
expectations and assumptions on which such forward-looking information is based are reasonable,
undue reliance should not be placed on the forward-looking information because the Company can
give no assurance that they will prove to be correct. Forward-looking statements contained in this
press release are made as of the date of this press release. The Company disclaims any intent or
obligation to update publicly any forward-looking information, whether as a result of new information,
future events or results or otherwise, other than as required by applicable securities laws.
© 2019 Canjex Publishing Ltd. All rights reserved.