Toronto, Ontario--(Newsfile Corp. - March 1, 2018) - Telferscot Resources Inc. (CSE: TFS) ("Telferscot" or the
"Company") is pleased to announce that the proxy materials to shareholders of Record as of February 16, 2018 have also been
posted to SEDAR today. These materials include the Management Information Circular, which describes the terms of the acquisition of
Canntab Therapeutics Limited and the plan of arrangement proposed be the Company to distribute the residual interests of the
Company to its shareholders in the form of shares of subsidiary companies of Telferscot. On February 21, 2018 the Company received
an Interim Order issued by the Superior Court of Justice of Ontario to permit the mailing of the Management Information Circular to
shareholders. The Arrangement remains subject to approval by Telferscot Shareholders and final approval from the Court.
Canntab Therapeutics Limited has filed its Listing Application with the Canadian Securities Exchange and continues to move
forward in its business planning and operations in anticipation of Telferscot shareholders approving the transaction and receipt of
conditional approval from the CSE.
Telferscot management encourages the shareholders to read the information provided, and if desired to download the materials
from the Company's transfer agent, Capital Transfer Agency, at http://capitaltransferagency.ca/#.
The Special Meeting of Shareholders will be held at 10am on March 22, 2018 at the offices of Gardiner Roberts LLP, 22 Adelaide
Street West, Suite 3600, Toronto, Ontario.
About Canntab Therapeutics Limited
Canntab Therapeutics Limited is a Canadian cannabis oral dosage formulation company based in Markham Ontario, engaged in the
research and development of advanced pharmaceutical grade formulations of cannabinoids. Canntab has developed in-house
technology to deliver standardized medical cannabis extract from selective strains in a variety of extended/sustained
release pharmaceutical dosages for therapeutic use. Simply put, Canntab's mission is to put the "Medical" into
medicinal cannabis!
About Telferscot Resources Inc.
Telferscot Resources Inc. is a Canadian company listed on the CSE under ticker symbol TFS. For further information and access to
the Company's public disclosure record please consult SEDAR at www.sedar.com or
the Canadian Securities Exchange at www.cnsx.ca.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
Canntab Therapeutics Limited
Richard Goldstein, CFO
Office: 416 957-6303
info@canntab.ca
Telferscot Resources Inc.
Catherine Beckett, Manager Corporate Affairs
Office: 416-913-4110
info@telferscotresources.com
