VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 30, 2016) - ORD MOUNTAIN RESOURCES CORP. ("Ord")
(NEX:OMR.H), a capital pool company, is pleased to announce that it has received conditional acceptance from the TSX
Venture Exchange (the "Exchange") relating to its previously announced proposed reverse takeover with Penta 5 USA LLC. A filing
statement prepared in accordance with the requirements of the Exchange in connection with the Transaction has been filed with the
Exchange and the applicable Canadian securities regulators on SEDAR and is available at www.sedar.com.
About Penta 5 Packaging Inc.
Penta 5 was incorporated on January 21, 2016 under the laws of the province of British Columbia. Prior to the completion of
the Transaction, Penta 5 will acquire all of the members interest of Penta 5 USA, LLC ("Penta 5 USA"). Penta 5 USA was organized
as a limited liability company under the laws of the State of Florida on June 2, 2014. Penta 5 USA is a contract packaging
service company engaged in the following segments: (i) beverages, (ii) industrial and (iii) medical packaging, (the "Penta 5
Business"). The Penta 5 Business is focused on two different business offerings:
- Penta 5's contract packaging business which operates through Redi-2-PaQ Home Products, LLC ("Redi-2-PaQ"); and
- Penta 5's consumer products business which operates through the following entities:
- MosquitoPaQ, LLC which is offers products to protect against mosquito bites;
- BeerPaQ, LLC which offers pouches to the craft beer industry as well as for outdoor activities;
- BevPaQ, LLC which offers water in pouches for human consumption; and
- DnR, LLC which offers pouches for the medical industry and products for humanitarian groups.
Penta 5 utilizes unique packaging systems that are engineered to meet specific customer demands.
About Ord
Ord was incorporated on January 7, 2009 under the laws of the Province of British Columbia under the name Silverland Capital
Corp. On May 25, 2010, Ord completed its initial public offering. Ord's common shares were listed for trading on the Exchange
under the symbol "SV.P" on May 28, 2010. Ord changed its name from "Silverland Capital Corp." to "Sino Environ-Energy Tech Corp."
on December 24, 2010 and continued out of British Columbia and into the Cayman Islands as its corporate jurisdiction. Effective
December 16, 2011, Ord changed its name from "Sino Environ-Energy Tech Corp. to "Ord Mountain Resources Corp." On February 15,
2012, Ord's shares started trading under the symbol "OMR.P". Ord is a CPC as defined by the CPC Policy. As disclosed in its final
prospectus dated May 7, 2010, Ord's business has been restricted to the identification and evaluation of businesses or assets for
the purpose of completing its Qualifying Transaction.
Information set forth in this news release contains forward-looking statements. These statements reflect management's
current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Ord cautions that all
forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors,
many of which are beyond Ord's control. Such factors include, among other things: risks and uncertainties relating to Ord's
ability to complete the proposed Transaction; and other risks and uncertainties, including those described in Ord's Filing
Statement dated November 28, 2016 filed with the Canadian Securities Administrators and available on www.sedar.com. Accordingly, actual and future events, conditions and results may differ materially
form the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as
required under applicable securities legislation, Ord undertakes no obligation to publicly update or revise forward-looking
information.
Completion of the Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and
if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the Transaction
cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be
completed as proposed or at all.
Investors are cautioned that, except as disclosed in the management information circular or filing statement to be
prepared in connection with the Transaction, any information released or received with respect to the transaction may not be
accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered
highly speculative.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Transaction and has neither approved
nor disapproved the contents of this press release.
A halt in trading shall remain in place until after the Transaction is completed or such time that acceptable
documentation is filed with the TSX Venture Exchange.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.