Mr. Glenn Little reports
GRENADIER FILES FINAL DOCUMENTATION ON ACQUISITION OF LAGUNA
BLENDS
Grenadier Resource Corp., further to the company's press releases of April 8 and
14, and July 20, 2015, has publicly posted final application documentation related to the acquisition of
Laguna Blends Inc.
The listing statement dated Aug. 31, 2015, which shareholders can refer to for relevant details on the
Laguna transaction, can be found under the company's profile on SEDAR and on the
website of the Canadian Securities Exchange. Consent from a majority of
the company's shareholders is a condition of the CSE's final approval of the Laguna transaction. With
the filing of the listing statement, shareholders have all information about Laguna, its business and the
share exchange agreement to make an informed decision.
As previously announced, Grenadier, Laguna and the shareholders of Laguna have entered into a share
exchange agreement, whereby Grenadier will purchase all of the
issued and outstanding common shares of Laguna in consideration for common shares of Grenadier, on
the terms and conditions of the share exchange agreement. It is contemplated that on closing of the
share exchange, Laguna will become a wholly owned subsidiary of Grenadier and the business of Laguna
will become the business of Grenadier.
The fundamental change involving Laguna remains subject to, among other things, confirmation of
Grenadier shareholder consent to the share exchange agreement and final acceptance of the CSE.
Grenadier stock will remain halted until receipt of shareholder approval and closing of the share
exchange. A copy of the share exchange agreement and the amendment thereto are available on SEDAR
under Grenadier's profile.
About Laguna Blends Inc.
Laguna's business is focused on the nutritional health benefits derived from hemp. Laguna is a network
marketing direct sales company that intends to generate retail sales through independent affiliates.
Laguna's affiliates will utilize tools and technology that will enable them to work remotely from home or
while travelling on the road.
The first products to be launched by Laguna are expected to be functional beverages that provide high
levels of protein and/or nutrition. Laguna's products are made from high-quality hemp protein. Some of
the current Laguna products are hemp coffee -- coffee beverages that contain both whey and hemp
protein. In addition, Laguna plans to market a variety of unique single serving on-the-go hemp protein
mixes with various flavours. The hemp proteins are water soluble and can be directly mixed in water, or
added to milk, almond milk or coconut milk. In addition, the hemp protein can be blended in a shake
with fruit. Laguna also plans to offer other product categories in the future. Laguna intends to market
the formulations of Naturally Splendid Inc.'s HempOmega protein products that are expected to be
developed for Laguna under a development and manufacturing agreement, once entered into, under
the name Laguna Blends and or brand names owned by Laguna. Laguna intends to sell its products
through its independent affiliates in the United States and Canada, and anticipates launching its business in 2015.
We seek Safe Harbor.
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