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Enter Symbol
or Name
USA
CA



Umbral Energy Corp
Symbol UMB
Shares Issued 62,592,146
Close 2016-10-11 C$ 0.055
Market Cap C$ 3,442,568
Recent Sedar Documents

Umbral's PhyeinMed sends security clearance application

2016-10-12 09:31 ET - News Release

Mr. Jagdip Bal reports

UPDATE ON MEDICAL MARIJUANA APPLICATION

Umbral Energy Corp. has provided an update on its 50-per-cent-owned PhyeinMed Inc., an operating company with a submitted application to Health Canada for an MMPR (marijuana of medical purposes regulations) licence.

PhyeinMed is currently in stage 4, initiation of security clearance process, in Health Canada's application of becoming a licensed grower under the MMPR. PhyeinMed, its officers and directors have submitted a security clearance application as required to Health Canada and are awaiting further feedback.

Jag Bal, president of Umbral, stated: "Umbral remains committed to the Health Canada process with our partner PhyeinMed as they continue to work diligently through the various stages of the MMPR application process. We believe that PhyeinMed's experienced team and their designated 13-acre site with an 11,000-square-foot building, which is located in Falkland, B.C., has Umbral well positioned in this rapidly growing cannabis sector in Canada. We have remained hopeful throughout this licensing process."

About Umbral Energy

The company has mineral exploration projects in Utah, Nevada and Quebec, as well as an interest in an oil and gas property in Alberta. In addition, the company has an interest in PhyeinMed, which has applied for a licence from Health Canada to legally grow and sell medical marijuana.

We seek Safe Harbor.

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