Mr. Jatinder Dhaliwal reports
RAVENQUEST PROVIDES CORPORATE UPDATE
Ravenquest Biomed Inc.'s George Robinson has resigned from his position as president, chief executive officer, chief financial officer and director of the company as of April 29, 2020. Mr. Robinson has also resigned from all subsidiaries under Ravenquest.
The company is working toward obtaining the books, records and historical documents of each subsidiary from Mr. Robinson. Mr. Robinson is holding all records in lieu of pay; the company believes it is against his fiduciary duty to shareholders and debt holders, and will be working to a solution to retrieving company property. Negotiations with creditors have since failed and the remaining director sees no prospect for the company's survival.
Following the resignation of Mr. Robinson, Jatinder Dhaliwal will assume the role of interim CEO and interim CFO of the company.
Usama Chaudhry has also resigned as a director of the board as of April 30, 2020. The company would like to thank Mr. Chaudhry for his efforts and wishes him well in his future endeavours.
About Ravenquest Biomed Inc.
Ravenquest is a diversified cannabis company with divisions focused upon cannabis production, management services and consulting, and specialized research and development.
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