03:01:26 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Maple Leaf Green World Inc
Symbol MGW
Shares Issued 105,456,427
Close 2016-05-24 C$ 0.125
Market Cap C$ 13,182,053
Recent Sedar Documents

ORIGINAL: Maple Leaf Green has TSX-V OK for $600,000 offering

2016-05-24 21:10 ET - News Release

Received by email:

File: press release -05-24-16 - TSX.V approval for private placement.docx

FINAL APPROVAL  OF PRIVATE PLACEMENT FROM TSX.V
MAPLE LEAF GREEN WORLD INC.
(TSX-V: MGW)



For Immediate Release                                                           May 24, 2016 - $0.125

CALGARY, ALBERTA - Maple Leaf Green World (MGW-V) ("Maple Leaf" or the "Company") announces that the Company has now r
--->eceived final acceptance from the TSX Venture Exchange for its previously announced non-brokered unit offering of comm
--->on shares and warrants at a price of $0.10 per unit. Gross proceeds of $600,000 were raised under the private placemen
--->t through the issuance of 6,000,000 Units at a price of $0.10 per Unit.  Each Unit was comprised of one common share a
--->nd one common share purchase warrant at $0.15 per share for 2 years. $70,000 or 700,000 units are subscribed by Inside
--->rs. All securities issued pursuant to the private placement are subject to a 4 months hold period.


For further information regarding Maple Leaf Green World Inc., please visit the www.mlgreenworld.com. The website has 
--->been updated with photos for the latest development of both MJ projects.


About Maple Leaf Green World Inc.


Maple Leaf is a Canadian company that focuses in the agricultural/environmental industry with four main areas of activ
--->ity:


Canadian MMPR - It pursues opportunities within the medical cannabis industry. If and when a MMPR license is obtained 
--->and through an agreement to lease a greenhouse facility with Woodmere Nursery Ltd., it will become a Canadian producer
--->. It is currently seeking Canadian MMPR licensed producer status to grow medical cannabis in Canada for domestic consu
--->mption and export to approved countries.


California Project - It pursues opportunities within the medical cannabis industry in various States that have legaliz
--->ed marijuana. It is currently in a joint venture with a California non-profit collective to set up a growing facility.

Eco-Agriculture - it pursues several projects around the world. In China, it is focused on growing value-added tree se
--->edlings and nursery products that assist with anti- desertification.



Neither the TSX Venture Exchange or its Regulation Services Provider (as that term is defined in policies of the TSX V
--->enture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain statements in this news release including (i) statements that may contain words such as "anticipate", "could",
---> "expect", "seek", "may" "intend", "will", "believe", "should", "project", "forecast", "plan" and similar expressions,
---> including the negatives thereof, (ii) statements that are based on current expectations and estimates about the marke
--->ts in which Maple Leaf operates and (iii) statements of belief, intentions and expectations about developments, result
--->s and events that will or may occur in the future, constitute "forward-looking statements" and are based on certain as
--->sumptions and analysis made by Maple Leaf. There is no assurance that sufficient financing can be raised or that permi
--->ts will be available to allow the Company to carry out its current projects on a timely basis.

Forward-looking statements in this news release include, but are not limited to, statements with respect to future cap
--->ital expenditures, including the amount, nature and timing thereof; other development trends within the agricultural i
--->ndustry (and in particular, the medical marijuana business), and the status of, and ability to capitalize on, opportun
--->ities available to the Company as well as the business strategy; expansion and growth of Maple Leaf's business and ope
--->rations and other such matters. Such forward-looking statements are subject to important risks and uncertainties, whic
--->h are difficult to predict and may affect Maple Leaf's operations, including, but not limited to: the impact of genera
--->l economic conditions; industry conditions; the availability of equity or debt financing; government and regulatory de
--->velopments including availability of requisite licenses; product supply and demand; competition; and Maple Leaf's abil
--->ity to attract and retain qualified personnel. Maple Leaf's actual results, performance or achievements could differ m
--->aterially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can 
--->be given that any of the events anticipated by the forward-looking statements will occur, or if any of them do occur, 
--->what benefits Maple Leaf will derive therefrom.


Contact:


Maple Leaf Green World Inc. Raymond Lai
Chairman, President & CEO
+1 (403) 452-4552
+1 (403) 452-6900
rlai@mlgreenworld.com www.mlgreenworld.com
 





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