Toronto, Ontario--(Newsfile Corp. - December 9, 2014) - Matica Enterprises
Inc. (CSE: MMJ) ("Matica" or the "Company") is pleased to announce it will
be moving forward with the marketing and distribution of Chlorine Dioxide
tablets with Bellerosa Distributing Ltd. ("Bellerosa"). The Company has now
signed a definitive agreement with Bellerosa to exclusively market Chlorine
Dioxide tablets. Matica will distribute and market cutting edge Chlorine Dioxide
tablets in the medical marijuana industry for the elimination of mold, biofilm,
and pests in controlled growing facilities; eliminating the need for harmful
pesticides that are restricted by Health Canada.
Matica has modified the terms initially outlined in the letter
of intent (the "LOI") announced on July 15, 2014. Under the newly agreed terms
and conditions Matica will acquire 60% of the Joint Venture by issuing 4,000,000
shares of Matica stock to Bellerosa.
Matica Enterprises CEO, Boris Ziger states, "Our Chlorine
Dioxide tablets could be a game changer for the medical marijuana growers. Mold
and pests are a serious problem for MMPR growers, one which we aim to solve with
a Matica sanitation program."
About Matica Enterprises Inc.
Matica is exploring opportunities in the medical marijuana and
industrial hemp industries and has an agreement to earn a fifty percent interest
in THC Dispensaries, Inc ("THCD"), a Nova Scotia applicant under the Marijuana
for Medical Purposes Regulation ("MMPR").
THC Dispensaries has received a "right to build" letter from
Health Canada and is awaiting the pre-licence inspection to become a Licenced
Producer under MMPR. The license allows the company to supply dried marijuana,
seeds and organic soil to dispensaries throughout North America and Europe. THCD
plans to launch its operation with a 6,000 square foot facility in Antigonish,
Nova Scotia. An additional 10,000 square footage can be added to maximize the
production allowance in this facility to the allotted volume of 806,250 grams
per year. The entire operation sits on 35 acres of land in Antigonish. For more
information on Matica Enterprises please visit the website at:
www.maticaenterprises.com.
On behalf of the Board of Directors
MATICA ENTERPRISES
INC.
Boris Ziger
Boris Ziger, CEO &
Chairman
The Company's filings are available for review at www.sedar.com and www.thecse.com.
For further information, please contact Boris Ziger, Chief
Executive Officer, at:
Telephone: 416-304-9935
E-mail: info@maticaenterprises.com
Website: www.maticaenterprises.com
Cautionary Note Regarding Forward-Looking Statements
Certain information in this press release may constitute
forward-looking information. This information is based on current expectations
that are subject to significant risks and uncertainties that are difficult to
predict. Actual results might differ materially from results suggested in any
forward-looking statements. The Company assumes no obligation to update the
forward-looking statements, or update the reasons why actual results could
differ from those reflected in the forward looking-statements unless and until
required by securities laws applicable to the Company. Additional information
identifying risks and uncertainties is contained in the Company's filings with
the Canadian Securities Regulators, which filings are available at www.sedar.com and www.thecse.com.
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