VANCOUVER, BC / ACCESSWIRE / July 4, 2018 / Omni Commerce Corp. (TSX-V: OMNI,
FRA:0MZA) ("Omni" or the "Company") is pleased to announce that Anthony Srdanovic has been appointed Chairman and CEO
effective immediately. Mr. Reynolds will continue to serve as an advisor to the Company.
Mr. Srdanovic was appointed as a Director of Omni on April 26, 2018. Since then, he has focused on securing acquisitions for
Omni. As mentioned in the Company's business update news release dated June 1, 2018, Omni has decided to pivot away from the
cryptocurrency sector to explore other investment and acquisition opportunities in the CBD (cannabidiol) and cannabis
industries.
Omni recently entered into a Letter of Intent to acquire a controlling interest in a US-based CBD company generating revenues in
excess of CAD$1.8 million per month. Terms of the acquisition will be finalized as part of the completion of due diligence and
entering into a definitive agreement anticipated prior to the end of July.
"I am excited to take on this role as I've been leveraging established industry contacts and internal expertise to focus on
acquiring a portfolio of assets with the strong potential to unlock shareholder value based upon established revenue streams. I am
passionate about hemp and cannabis as I have known for decades that they are essential to regulate the endocannabinoid systems
within us, which repairs or balances many functions of the human body. Research studies are now showing that taking cannabinoids
daily offers the potential for several health benefits," Mr. Srdanovic stated.
About Omni
Omni is a Vancouver-based e-commerce company listed on TSX Venture Exchange. The Company aims to become a diversified investment
and venture capital firm with a focus on e-commerce and the hemp and cannabis industries.
ON BEHALF OF THE BOARD
OMNI COMMERCE CORP.
Per: "Anthony Srdanovic"
Anthony Srdanovic, CEO
For further information, please contact:
Omni Commerce Corp.
Anthony Srdanovic, CEO
Phone: (604) 506-0949
Email: anthony@dukecapitalinc.com
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this news release.
Disclaimer for Forward-Looking Information
This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable
securities laws, including statements regarding the future strategy of the Company; potential future transactions; and the sectors
in which the Company is considering operating. These forward-looking statements address future activities, events, plans,
developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements and
are frequently identified by words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "intend"
and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management in light of its experience,
current conditions, expectations of future developments and other factors which management believes to be reasonable and relevant.
Forward-looking information and statements involve known and unknown risks and uncertainties that may cause actual results,
performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements
and, accordingly, undue reliance should not be placed thereon. Risks and uncertainties that may cause actual results to vary
include, but are not limited to, failure by the Company to obtain shareholder approval of a proposed change of business or
fundamental transaction if required; failure to identify potential transaction opportunities with acceptable terms or that have the
ability to increase shareholder value; risks related to investments and operations in the cannabis sector in the United States; and
other factors beyond the Company's control, as well as the risks and uncertainties which are more fully described in our annual and
quarterly management's discussion and analysis and in other filings made by the Company with Canadian securities regulatory
authorities under the Company's profile at www.sedar.com. The Company disclaims any obligation to update or revise any
forward-looking information or statements except as may be required by applicable law.
SOURCE: Omni Commerce Corp.
