VANCOUVER, British Columbia, Oct. 25, 2022 (GLOBE NEWSWIRE) — Agra Ventures Ltd. (“AGRA” or the “Company”) (CSE: AGRA) (Frankfurt: PU31) (OTCPK: AGFAF), a growth-oriented and diversified firm centered on the worldwide hashish business, declares that its Board of Directors has authorised the Company’s issuance of 911,950 widespread shares (the “Shares”) at a deemed value of roughly $0.05 per Share as fee of the portion of the quarterly quantity of curiosity due in Shares on a mortgage entered into in December of 2020. All Shares issued might be topic to a minimal maintain interval of 4 months and in the future from the date of issuance.
About Agra Ventures Ltd.
Agra Ventures is a growth-oriented and diversified firm centered on the worldwide hashish business. The firm is devoted to the cultivation, distribution and advertising of high-quality hashish and cannabis-infused merchandise worldwide. Agra Ventures’ main asset in Canada is Boundary Bay Cannabis situated in Delta, BC, which is one of the biggest hashish greenhouse amenities centered on the cost-optimized cultivation of high-potency hashish. Abroad, the corporate’s wholly owned subsidiary, Farmako GmbH, is targeted on turning into Europe’s main distributor of medical hashish. Farmako presently has energetic product distribution operations in Germany and is absolutely licensed within the United Kingdom.
For extra details about Agra Ventures, please go to www.agraventures.com and its profile web page on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Nick Kuzyk, Investor Relations
E: [email protected]
T: (800) 783-6056
The CSE and Information Service Provider have not reviewed and does not settle for accountability for the accuracy or adequacy of this launch.
Forward-looking Information Cautionary Statement
Except for statements of historic reality this information launch accommodates sure “forward-looking information” inside the which means of relevant securities legislation. Forward-looking data is continuously characterised by phrases such as “plan” “expect” “project” “intend” “believe” “anticipate” “estimate” and different related phrases or statements that sure occasions or situations “may” or “will” happen. Forward-looking statements are primarily based on the opinions and estimates at the date the statements are made and are topic to a spread of dangers and uncertainties and different elements that would trigger precise occasions or outcomes to vary materially from these anticipated within the forward-looking statements together with however not restricted to delays or uncertainties with regulatory approvals together with that of the CSE. There are uncertainties inherent in forward-looking data together with elements past the Company’s management. There aren’t any assurances that the business plans for Agra Ventures described in this information launch will come into impact on the phrases or timeframe described herein. The Company undertakes no obligation to replace forward-looking data if circumstances or administration’s estimates or opinions ought to change besides as required by legislation. The reader is cautioned to not place undue reliance on forward-looking statements. Additional data figuring out dangers and uncertainties that would have an effect on monetary outcomes is contained within the Company’s filings with Canadian securities regulators which are accessible at www.sedar.com.
SOURCE: Agra Ventures Ltd.
