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BRIEF-Growmax Announces Change Of Business And Provides Corporate Update

Published 2019-08-27, 09:28 a/m
Updated 2019-08-27, 09:30 a/m
© Reuters.  BRIEF-Growmax Announces Change Of Business And Provides Corporate Update

Aug 27 (Reuters) - GrowMax Resources Corp GRO.V :

* GROWMAX ANNOUNCES CHANGE OF BUSINESS AND PROVIDES CORPORATE UPDATE

* GROWMAX RESOURCES - ANNOUNCING A PROPOSED CHANGE OF BUSINESS FROM MINERAL EXPLORATION TO AN INVESTMENT ISSUER UNDER RULES OF TSX VENTURE EXCHANGE

* GROWMAX RESOURCES CORP - BOARD HAS DETERMINED THAT OPTIMAL ALLOCATION OF COMPANY'S WORKING CAPITAL WOULD BE WITHIN FRAMEWORK OF AN INVESTMENT COMPANY

* GROWMAX RESOURCES CORP - HAS MADE INVESTMENTS IN QUALITY GREEN INC, SWEET EARTH HOLDINGS CORPORATION, AND HEMPFUSION INC

* GROWMAX RESOURCES CORP - A CLAIM HAS BEEN MADE IN ALBERTA COURT OF QUEEN'S BENCH AGAINST COMPANY BY JORGE LAU YOOK

* GROWMAX RESOURCES - CLAIM BY JORGE LAU YOOK IS FOR PAYMENTS PURPORTEDLY OWING UNDER RIGHTS TRANSFER AGREEMENT MADE BETWEEN CO, ITS PERUVIAN UNIT & LAU

* GROWMAX RESOURCES CORP - CLAIM BY JORGE LAU YOOK IS FOR $1.5 MILLION IN RELATION TO PROPERTY PAYMENT

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