Received by email:
File: VCVNRDEC12.docx
VATIC TO PURSUE CANNABIS OPPORTUNITIES
Vancouver, BC, December 12, 2018 - Vatic Ventures Corp. (the "Company" or "Vatic") (TSX-V: VCV, OTCBB: VTTCF, and FWB:
---> V8V2) Vatic announces that it is actively evaluating opportunities in the legal cannabis space as an effective means
--->to enhance shareholder value at a time when mineral prices and mineral resource investment are languishing.
Management is of the view that although there is an excessive amount of participation and competition in certain areas
---> of the cannabis industry there continues to be tremendous potential to develop business models which embrace unique a
--->nd profitable approaches to the sector.
Vatic is evaluating investments involved with the legal cannabis industry including cannabis growing facilities, extra
--->ction, processing, cannabis-infused products and dispensaries (retail and e-commerce) for both medical and recreationa
--->l use. At the present time the Company does not have any agreement, understanding or otherwise with respect to any inv
--->estment in any cannabis operation. Such investment, if agreed to, will be subject to future public disclosure and regu
--->latory approval.
ON BEHALF OF THE BOARD OF DIRECTORS.
Tom Wilson, Director.
ABOUT VATIC VENTURES CORP.
Vatic Ventures Corp (www.vaticventures.com) is a junior exploration company exploring and developing potash licenses i
--->n Thailand.
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
---> TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." The information contained
---> herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking
---> statements relate to information that is based on assumptions of management, forecasts of future results, and estimat
--->es of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections
--->, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-lo
--->oking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause ac
--->tual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned again
--->st attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the dat
--->e hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstance
--->s. Actual events or results could differ materially from the Company's expectations or projections.
© 2024 Canjex Publishing Ltd. All rights reserved.