VANCOUVER, BRITISH COLUMBIA, CANADA, April 4th 2018, Parana Copper Corporation (CSE:COPR) (the “Company”) announces approval by the CSE to change its business to a cannabis merchant bank, Redfund Capital Corp.
Parana Copper Corp. has been informed that following the Canadian Stock Exchange’s review of the Company’s application in respect to its previously announced name change to Redfund Capital Corp. in conjunction with a change of business, the CSE has approved the Company’s proposed change of business. A date for the resumption of trading will be determined upon confirmation of the completion of a private placement, as well as all the usual application documentation and fees being completed with the CSE pursuant to their policies.
Redfund Capital Corp is set become the global top tier cannabis incubator and accelerator focused on providing unique debt and equity funding instruments to currently revenue generating cannabis related companies which require project specific funding to fast-track their business plans. Via bridge financing, Redfund is uniquely positioned to nurture its companies towards public listing through its funding and incubator model.
“We have assembled an amazing team of banking industry experts positioned to build Redfund into a formidable merchant bank focused on the quickly maturing cannabis industry. Cannabis 2.0 is here. Our clientele are innovative, responsive and already revenue generating. Redfund is committed to project specific funding solutions providing a steady growth avenue for our shareholders. ” stated Meris Kott, CEO.
For additional information:
Email to info@paranacopper.com or info@redfundcapital.com
Phone: 604-484-8989
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Further information about the Company is available on www.SEDAR.com under the Company’s profile