Feb 19 (Reuters) - Greenspace Brands Inc JTR.V :
* GREENSPACE BRANDS ANNOUNCES CHANGES TO THE TERMS OF THE PRIVATE PLACEMENT PREVIOUSLY ANNOUNCED, THE RESIGNATION OF 4 DIRECTORS, THE APPOINTMENT OF 3 NEW DIRECTORS AND THE APPOINTMENT OF PAUL HENDERSON AS EXECUTIVE CHAIRMAN
* GREENSPACE BRANDS -ON COMPLETION OF PROPOSED DEAL, BOARD WILL BE COMPRISED OF 5 DIRECTORS, 3 OF WHOM WILL HAVE BEEN APPOINTED BY PENDER
* GREENSPACE BRANDS -PENDER'S RIGHT TO NOMINATE MAJORITY OF BOARD WILL CONTINUE FOR 2 YEARS FOLLOWING COMPLETION OF INITIAL TRANCHE OF PRIVATE PLACEMENT
* GREENSPACE BRANDS - PENDER WILL BECOME LEAD ORDER OF FINANCING AND CO WILL ISSUE UP TO 100 MILLION COMMON SHARES AT A PRICE OF $0.065 PER SHARE