VANCOUVER, British Columbia, Sept. 06, 2018 (GLOBE NEWSWIRE) -- Redfund Capital Corp (CSE: LOAN) (Frankfurt:
O3X4) (OTC: PNNRF) (Redfund or the “Company”) is pleased to announce the appointment of Amanda de Freitas to the Board of
Directors.
Amanda de Freitas is a Toronto based regulatory compliance executive and lobbyist and specializes in Canadian
cannabis legislation. She is the CEO of Cannaceutical Canada Ltd, a management consulting firm that focuses on global medical
cannabis supply transactions and deal development. Amanda is also President and founder of CannaBizSolutions Company, a firm that’s
primary focus is on domestic medical and adult use cannabis businesses, helping assist them with their regulatory compliance,
licensing, corporate and product development strategies. She is a frequent panelist and speaker at Canadian Medical Cannabis
conferences.
“Amanda has become a trailblazer in the Canadian cannabis sector. She has ushered many startups in the Cannabis
space from simple visions to legalization and strong revenues. She continues to be the female voice to many women in Canada who are
quietly becoming global players in the cannabis sector. On behalf of our entire board, it is our pleasure to welcome another ‘Woman
of Weed’ to the capital markets and Redfund.”
The Company further notes that Mr. Jack Bal has resigned from his position on the Board of Directors effective
August 5, 2018 and the Company thanks him for his service.
About Redfund Capital
Redfund intends to provide debt and equity funding in the mid-to-late stages of a target company’s development,
or in technologies that are developed and validated by revenues. The present focus of the merchant bank is on medical cannabis,
hemp and CBD-related, healthcare-related target companies.
For further information please visit www.redfundcapital.com
For more information on Redfund Capital contact Meris Kott CEO 604.484.8989 or
info@redfundcapital.com
Further information about the Company is available on www.SEDAR.com under the Company’s profile.
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. 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.