00:52:18 EDT Sun 05 May 2024
Enter Symbol
or Name
USA
CA



Primo Nutraceuticals Inc
Symbol PRMO
Shares Issued 137,062,014
Close 2020-04-02 C$ 0.01
Market Cap C$ 1,370,620
Recent Sedar Documents

ORIGINAL: Primo Nutraceuticals clarifies LOI signed March 31

2020-04-03 14:05 ET - News Release

Received by email:

File: '\\doc\emailin\20200403 105216 Attachment #6_040320_SignedLOI_BeautyKitchen.docx'

Primo Nutraceuticals Inc., Signs Share Acquisition LOI with Celebrity brand Beauty Kitchen

VANCOUVER, British Columbia, April 3, 2020 (GLOBE NEWSWIRE) -- PRIMO NUTRACEUTICALS INC. (CSE: PRMO) (OTC: BUGVF) (FSE
--->: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) ("Primo" or the "Company") Pursuant to discussions with IIROC (Investment Indu
--->stry Regulatory Organization of Canada) Primo's board and management team are providing more clarity to its shareholde
--->rs in regards to the press release issued on March 31st, 2020.

The Company has signed a non-binding letter of intent (LOI) with Heather Marianna, LLC, doing business as Beauty Kitch
--->en, a Nevada company, ("Beauty Kitchen") .  The LOI is non-binding and subject to possible change and the signing of a
---> definitive agreement.

Primo and Beauty Kitchen intend to draft and execute a definitive agreement (the "Definitive Agreement") with detailed
---> terms and conditions in the near future.  Beauty Kitchen intends to incorporate a Canadian corporation, Marianna, Inc
--->., ("Marianna, Inc.") in which it will conduct operations in Canada. Primo will acquire an ownership interest of 25% o
--->f the common voting (TBC) shares in Marianna, Inc., for consideration to be determined in the Definitive Agreement. Pr
--->imo wishes to inform its shareholders that the transaction described by the LOI is subject to change pending signing o
--->f the Definitive Agreement.

On behalf of the Board of Directors

PRIMO NUTRACEUTICALS INC.

"Andy Jagpal"

President and Director

For further information, please contact Zoltan, IR Representative at: 604-722-0305, or; info@primoceuticals.com.

To learn more about what this news means to the shareholders visit:

www.primonutraceuticals.com
www.twitter.com/Prmoinc
www.thrivecbd.com 
www.beautykitchenonline.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadi
--->an securities laws. Forward-looking statements are based on the expectations and opinions of the Company's management 
--->on the date the statements are made. The assumptions used in the preparation of such statements, although considered r
--->easonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on f
--->orward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward
--->-looking statements whether as a result of new information, future events or otherwise.
No regulatory authority has approved or disapproved the information contained in this news release.


PDF Document

File: Attachment #6_040320_SignedLOI_BeautyKitchen.pdf

 Primo Nutraceuticals Inc., Signs Share Acquisition LOI with Celebrity
                        brand Beauty Kitchen
VANCOUVER, British Columbia, April 3, 2020 (GLOBE NEWSWIRE) -- PRIMO NUTRACEUTICALS INC. (CSE:
PRMO) (OTC: BUGVF) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) ("Primo" or the
"Company") Pursuant to discussions with IIROC (Investment Industry Regulatory Organization of Canada)
Primo's board and management team are providing more clarity to its shareholders in regards to the press
release issued on March 31st, 2020.

The Company has signed a non-binding letter of intent (LOI) with Heather Marianna, LLC, doing business
as Beauty Kitchen, a Nevada company, ("Beauty Kitchen") . The LOI is non-binding and subject to possible
change and the signing of a definitive agreement.

Primo and Beauty Kitchen intend to draft and execute a definitive agreement (the "Definitive
Agreement") with detailed terms and conditions in the near future. Beauty Kitchen intends to incorporate
a Canadian corporation, Marianna, Inc., ("Marianna, Inc.") in which it will conduct operations in Canada.
Primo will acquire an ownership interest of 25% of the common voting (TBC) shares in Marianna, Inc., for
consideration to be determined in the Definitive Agreement. Primo wishes to inform its shareholders that
the transaction described by the LOI is subject to change pending signing of the Definitive Agreement.

On behalf of the Board of Directors

PRIMO NUTRACEUTICALS INC.

"Andy Jagpal"

President and Director

For further information, please contact Zoltan, IR Representative at: 604-722-0305, or;
info@primoceuticals.com.

To learn more about what this news means to the shareholders visit:

www.primonutraceuticals.com
www.twitter.com/Prmoinc
www.thrivecbd.com
www.beautykitchenonline.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within
the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and
opinions of the Company's management on the date the statements are made. The assumptions used in
the preparation of such statements, although considered reasonable at the time of preparation, may
prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
The Company expressly disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise.
No regulatory authority has approved or disapproved the information contained in this news release.
 


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