18:26:31 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Chemesis International Inc (2)
Symbol CSI
Shares Issued 34,620,824
Close 2020-07-22 C$ 0.92
Market Cap C$ 31,851,158
Recent Sedar Documents

ORIGINAL: Chemesis points to promo material for OTCQB uptick

2020-07-28 08:30 ET - News Release

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File: '\\doc\emailin\20200727 181917 Attachment Chemesis - News Release - Market Activity.docx'










Chemesis International Inc. Comments on Recent Market Activity
July 27, 2020
Vancouver, BC - Chemesis International Inc. (the "Company") (CSE: CSI.U) (OTC: CADMF) (FRA: CWAA) wishes to make the f
--->ollowing statements regarding recent market activity concerning its common shares traded on the OTCQB marketplace.
The Company became aware of certain promotional activity on its securities on July 22, 2020 when it received correspon
--->dence from OTC Markets. The Company has no knowledge of any promotional activity other than its understanding that the
--->re appears to have been promotional material describing the prospects of its business, recent press releases and the i
--->nvestment opportunity related to its securities. Although the Company has no way of directly correlating such promotio
--->ns to their impact on its securities, the effect of this on the Company's securities may have resulted in an increment
--->al increase in trading volume, in addition to recent press releases by the Company regarding the close of equity finan
--->cings for aggregate proceeds of $2,617,650, change in the Company's trading currency to USD and settlement of liabilit
--->ies with equity.
The promotional material presents a general overview of the Company's business and operations, including citing recent
---> press releases. It contains some speculative language and forward-looking statements about investment potential, but 
--->the Company does not believe it contains any materially false or misleading statements about the Company and its produ
--->cts. The Company engaged Promethean Marketing on July 10, 2020 for the purpose of marketing, and while the promotional
---> material referenced above was not directly procured or paid for by the Company, the Company was not at any time provi
--->ded a copy of such materials by Promethean Marketing, and the Company had no editorial control over the content, the C
--->ompany acknowledges that it may have indirectly contributed to the creation and distribution of such material due to i
--->ts engagement of Promethean Marketing.
The Company routinely responds to inquiries from shareholders, potential investors, and investment analysts, and gener
--->ates its own marketing materials. However, to the Company's knowledge, none of its officers, directors, any controllin
--->g shareholders, or any third- party service providers have, directly, or indirectly, authorized or been involved in an
--->y way (including payment to a third party) with the creation or distribution of promotional materials that make any fa
--->lse or misleading claims about the Company or its securities.  
Since July 27, 2019, the Company has engaged the following third-party providers of investor relations, public relatio
--->ns, marketing and other related services: Promethean Marketing LLC, CDMG Inc., Invictus Investor Relations, Inc. and S
--->tone Bridge Partners LLC.
Upon inquiry of management, directors, control persons and third-party service providers, during the past 90 days, no 
--->such persons purchased or sold securities of the Company. The Company has not issued any shares or convertible instrum
--->ents that allow conversion to equity securities at prices constituting a discount to the current market rate at the ti
--->me of the issuance.
On Behalf of The Board of Directors
Josh Rosenberg
President
Investor Relations:
ir@chemesis.com
1 (604) 398-3378
Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable
---> securities laws. Although the Company believes that the expectations reflected in the forward-looking information are
---> reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to p
--->lace undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertain
--->ties that may cause actual results, performance and developments to differ materially from those contemplated by these
---> statements. Except as required by law, the Company expressly disclaims any obligation and does not intend to update a
--->ny forward-looking statements or forward-looking information in this news release. Although the Company believes that 
--->the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expe
--->ctations will prove to be correct. The statements in this news release are made as of the date of this release.
The CSE has not reviewed, approved or disapproved the content of this press release



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