Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Belgravia Capital International Inc. C.BLGV

Alternate Symbol(s):  BLGVF

Belgravia Hartford Capital Inc. is a Canada-based investment holding company. The Company is focused on growing its assets and holdings and increasing its net asset value (NAV). It invests in a portfolio of private and public companies in legal jurisdictions. The Company operates through three divisions. Incubation division develops new companies in specific sectors. Investments division provides merchant banking services and invests in a portfolio of private and public companies with a focus on resources, technology, and healthcare. Royalty & Management Services division provides services to support the development of early-stage companies. The Company’s subsidiaries include Belgravia Hartford Gold Assets Corp., which is involved in resource exploration and mining development, and Belgravia Hartford Estates Corp., which is mainly focused on mining development in the United States and real estate development in the United States, including commercial and residential properties.


CSE:BLGV - Post by User

Post by SpaceTraderon May 29, 2018 11:43pm
148 Views
Post# 28097155

R&D Pharma investment for 10% acquisition

R&D Pharma investment for 10% acquisition (Belgravia Capital, Belgravia, or the Company) is pleased to announce that it has acquired 10.03% of the outstanding common shares of R&D Pharma Corp. (RDP). RDP is a Canadian corporation developing a vertically integrated medicinal cannabis business in Jamaica. Belgravia has acquired four million (4 million) common shares of RDP at a price of twenty-five (25) cents per share. Belgravia has the right to appoint an independent director to the Board of RDP. Mr. Kevin Strong, the Chief Financial Officer (CFO) of Belgravia, has been appointed CFO of RDP. The funding of the acquisition was by way of Canadian $500,000 (five- hundred thousand dollars) and 5,000,000 (five million) common shares of Belgravia. RDP, through one of its subsidiaries, holds a Tier 3 Cultivators Licence in Jamaica. This licence is one of only three Cultivators licences awarded by the Cannabis Licensing Authority (CLA). The CLA is an agency of the Ministry of Industry, Commerce, Agriculture and Fisheries of Jamaica that was established in 2015 with the mandate of creating and regulating Jamaicas legal Cannabis and hemp industry. In addition to being a holder of the Tier 3 Cultivators Licence, RDP also has been awarded conditional processing, herb house, spa and dispensary licences. Jamaica is known to have a world-renowned medical cannabis community with recognized landrace plants in their natural environment. A Cannabis landrace is a plant grown in its natural environment and developed through traditional agricultural practices. This results in superior products that are internationally desired by markets. The consistent flowering light cycles of Jamaica, constant air flow, and other advantageous agronomic and economic conditions of the island, allows RDP to be an internationally low cost efficient producer of plants and medicinal products, for use in both the domestic and medical tourism industry, and for international export. Mr. Mehdi Azodi, President and Chief Executive Officer of Belgravia stated: We are excited to have completed our acquisition of 10% of RDP. Under the leadership of its Executive Chairman, Yohan Chin, President, Richard Bailey, and Chief Executive Officer, Derrick Lewis, RDP is one of only of only three companies to have been awarded a Tier 3 Cultivators Licence by the Government of Jamaica. This is a testament to the quality of the management team. The Tier 3 licence allows for the cultivation of over five acres of land with plants for medical, scientific, and therapeutic purposes.
Bullboard Posts