Post by
Chris333 on Jun 07, 2018 12:45pm
news
2018-06-07 12:03 ET - News Release Mr. Brian Thurston reports CANADIAN MINING CORP. WARRANT EXERCISES & BUSINESS UPDATE Canadian Mining Corp. has exercised 6,024,665 warrants that were set to expire on May 29, 2018, for gross proceeds to the company of $1,506,166.25. The company would like to take this opportunity to update its shareholders on the change of business through the acquisition of cannabis permits and licences in california (1145411BC Ltd.) announced Dec. 18, 2017. As part of that change of business, the company is required to transfer from the TSX Venture Exchange to the Canadian Securities Exchange. On May 30, 2018, the company received conditional approval from the CSE for listing on that exchange. The company is currently in the process of meeting the final conditions and providing the CSE with additional documentation in order to make the final application to list and trade on the CSE. In addition to the transfer to the CSE, the directors of the company have elected to change the company's auditor from Crowe MacKay LLP, chartered professional accountant, to D&H Group LLP, chartered professional accountant, as of June 4, 2018, to better reflect the company's new business moving forward. About Canadian Mining Corp. Canadian Mining Corp. announced a change of business through the acquisition of cannabis permits and licences in California; see news release dated Dec. 18, 2018, or view on SEDAR. Simultaneous with the change of business into the cannabis sector, the board of directors continues to actively pursue new opportunities for project generation and continued financing. We seek Safe Harbor. 2018 Canjex Publishing Ltd. All rights reserved.