Rosehearty Energy Announces September 30 AGM: Name Change and Consolidation
West Vancouver, British Columbia--(Newsfile Corp. - August 14, 2019) - Rosehearty Energy Inc. ("RHX") announced today that it will hold its Annual Special Meeting (ASM) on September 30, 2019.
At the ASM, the shareholders will be invited to approve a name change to "Rosehearty CBD Inc." ("RCBD") and a consolidation of the common shares and warrants on a one new RCBD for each three (3) RHX held.
"We see a tremendous opportunity in hemp derived CBD in the United States," stated Robin Dow, CEO, Rosehearty. "We firmly believe this is the next wave in the legal cannabis revolution and RHX is currently reviewing several proposals. Our board is committed to the Company making a significant entry by pursuing existing and profitable operations in this industry."
"A name change and consolidation is simply the first step in aligning the Company with our new business model," added Dow.