19:00:02 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Speakeasy Cannabis Club Ltd
Symbol EASY
Shares Issued 42,760,686
Close 2018-06-04 C$ 1.28
Market Cap C$ 54,733,678
Recent Sedar Documents

ORIGINAL: Speakeasy completes building site for phase 2 expansion

2018-06-04 16:24 ET - News Release

Received by email:

File: 2018-06-04_Building Site.pdf

                       SPEAKEASY CANNABIS CLUB LTD.
                       Suite 800-1199 West Hastings Street, Vancouver, BC V6E 3T5
                                            T 604-283-1722
                                            F 888-241-5996

      THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR
                        DISSEMINATION IN THE UNITED STATES

For Immediate Release                                                                  June 4, 2018



    SPEAKEASY COMPLETES BUILDING SITE FOR PHASE 2 EXPANSION OF 80,000 SQAURE
         'CANNABIS COMPLEX' TO PRODUCE PREMUIM SMALL BATCH AT SCALE


Vancouver, B.C.,   Speakeasy Cannabis Club Ltd. (CSE: EASY) (Frankfurt: 39H) (the "Company" or
"SpeakEasy") a late stage ACMPR applicant is pleased to announce it has completed the building site in
preparation for the erection of the 80,000 square feet phase 2 expansion. The completion is running ahead
of schedule and construction will begin imminently. Additionally, the company is in the process of
completing the purchase of the greenhouses that will play a vital role in fulfilling the supply agreement with
Valens GroWorks Corp. announced May 15, 2017.

The company is also pleased to have secured 7 megawatts of power from Fortis at its Rock Creek
facility. "Our relationship with Fortis along with our strategic location have made this major power upgrade
possible," states Marc Geen.

"We are pleased to be ahead of schedule with the construction of our phase 2 expansion at Rock Creek.
This goes hand in hand with our corporate vision of being a leader in premium indoor cannabis. We
anticipate having the first section of the project completed and ready for Health Canada inspection by the
beginning of September 2018 following our cultivation license." States CEO Marc Geen.

By combining our greenhouse facility with our phase two expansion that includes our state of the art
extraction lab, we look to have a fully vertically integrated product line that is not only of high quality, while
maintaining low cost production. Comparing it with any other agricultural product it's the companies that
refine their own products that have better margins. States director Anthony Jackson.

ON BEHALF OF SPEAKEASY CANNABIS CLUB LTD.

(signed) "Marc Geen"

Chief Executive Officer

For further information, please contact:

Speakeasy Cannabis Club Ltd.
www.speakeasygrowers.com
Telephone: 1-250-449-1773

Not for distribution to United States wire services or dissemination in the United States. This news release
does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United
 States. The securities have not been and will not be registered under the United States Securities Act of
1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold
within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable
state securities laws or an exemption from such registration is available.

Certain statements included in this press release constitute forward-looking information or statements
(collectively, "forward-looking statements"), including those identified by the expressions "anticipate",
"believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they
relate to the Company or its management. The forward-looking statements are not historical facts but reflect
current expectations regarding future results or events. This press release contains forward looking
statements. These forward-looking statements are based on current expectations and various estimates,
factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Statements about the Target's future facility expansion plans or ACMPR license application are all forward-
looking information.

Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and
assumptions which are difficult to predict. Factors that could cause the actual results to differ materially
from those in forward-looking statements include failure to obtain regulatory approval, the continued
availability of capital and financing, and general economic, market or business conditions. Forward-looking
statements contained in this press release are expressly qualified by this cautionary statement. These
statements should not be read as guarantees of future performance or results. Such statements involve
known and unknown risks, uncertainties and other factors that may cause actual results, performance or
achievements to be materially different from those implied by such statements. Although such statements
are based on management's reasonable assumptions, there can be no assurance that the statements will
prove to be accurate or that management's expectations or estimates of future developments,
circumstances or results will materialize. The Company assumes no responsibility to update or revise
forward-looking information to reflect new events or circumstances unless required by law. Readers should
not place undue reliance on the Company's forward-looking statements.
Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term
is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
 


© 2024 Canjex Publishing Ltd. All rights reserved.