1 October 2019
EUROCANN
INTERNATIONAL PLC
NEX: BUD
(the “Company” or “Eurocann”)
Shareholder Update & New
Website
Eurocann (NEX: BUD), a NEX Exchange Growth Market Company that
is focussed on opportunities within the medicinal cannabis
industry, is pleased to provide the following update from its
Director, Burns Singh Tennent-Bhohi.
“In June, with the support of both our existing and incoming
shareholders, we successfully restructured Valiant Investments plc
to create an investment vehicle focused on providing both
international and UK investors with exposure to the medicinal
cannabis industry. Since the restructuring we have been working to
position the Company to transact efficiently through having all
corporate and back-end functions firmly in place.
It is of paramount importance to the
Company and our shareholders that we keep costs to a minimum, and
to this end we have established a lean-model, governed in principle
by both the market valuation and the stage of development Eurocann
is presently at. We are in “deal-mode”, and are encouraged by the
quality of opportunity we are able to access through our
network.
Importantly, whilst this is a
high-growth sector that is experiencing huge international capital
demand, it is also what we consider a legalised asset class that is
yet to be globally adopted and accepted. To this end we must ensure
that we protect both the Company and its shareholders by ensuring
that all opportunities considered are reviewed in thorough detail
with a high-degree of legal due diligence before proceeding.
The Company is currently evaluating a number of opportunities
that provide exposure to both independent and vertically integrated
business models in the medicinal cannabis production cycle.
We will keep the market updated on Eurocann’s developments on a
frequent and efficient basis. We welcome all existing and
interested shareholders to visit the Company’s new website and
Twitter account, and ask that they please get in touch with our
team should they have any queries or wish to hear further on
Eurocann and its ambitions.”
Launch Of New Corporate Website And
Social Media
Eurocann is pleased to announce that both its new corporate
website and Twitter feed are now live and can be viewed via the
following hyperlinks:
Corporate Website: https://eurocannintplc.com/home/
Corpoate Twitter Feed: https://twitter.com/eurocann_BUD
The Company welcomes both potential, new, and existing investors
to visit these platforms and to keep updated on Eurocann and the
medicinal cannabis industry.
The Directors of the Company accept responsibility for the
contents of this announcement.
ENQUIRIES:
Company
Eurocann International plc
Burns Singh Tennent-Bhohi / Conrad
Windham
Telephone: 020 3778 1106
Ben Kattenhorn – Chief Operating
Officer
benk@eurocannintplc.com
https://eurocannintplc.com/home/
https://twitter.com/eurocann_BUD
Corporate Adviser
Peterhouse Capital Limited
Guy Miller and Mark Anwyl
Telephone: 020 7220 9796
