May 13 (Reuters) - Clean Commodities Corp CLE.V :
* CLEAN COMMODITIES CORP. EXECUTES BINDING LETTER OF INTENT TO ACQUIRE LICENSED HEMP-PRODUCER PACIFIC NORTH HEMP INC.
* CLEAN COMMODITIES CORP - TRANSACTION IS AN ARM'S-LENGTH TRANSACTION
* CLEAN COMMODITIES CORP - DOES NOT INTEND TO OPEN A FINANCING IN CONJUNCTION WITH CLOSING OF TRANSACTION
* CLEAN COMMODITIES CORP - DOES NOT INTEND TO OPEN A FINANCING IN CONJUNCTION WITH CLOSING OF TRANSACTION.
* CLEAN COMMODITIES CORP - INTENDS TO ISSUE TO SHAREHOLDERS OF PACIFIC NORTH HEMP A TOTAL OF 50 MILLION COMMON SHARES OF CLEAN COMMODITIES
* CLEAN COMMODITIES CORP - DOES NOT INTEND TO CONSOLIDATE OR SUBDIVIDE ITS COMMON SHARES IN CONJUNCTION WITH CLOSING OF TRANSACTION.
* CLEAN COMMODITIES CORP - SUBSEQUENT TO CLOSING OF TRANSACTION, CORPORATION INTENDS TO EXAMINE POTENTIAL FOR A SALE OF ITS CURRENT MINING ASSETS
* CLEAN COMMODITIES CORP - NO PROPOSED CHANGES OF CEO OR CFO