Nov 16 (Reuters) - Invictus MD Strategies Corp GENE.V :
* INVICTUS ANNOUNCES STRATEGIC MERGER WITH GTEC HOLDINGS FORMING WESTERN CANADA'S LARGEST INDOOR VERTICALLY INTEGRATED CANNABIS COMPANY
* INVICTUS MD STRATEGIES CORP - DEAL FOR TRANSACTION VALUED AT APPROXIMATELY $100 MILLION
* INVICTUS MD STRATEGIES - HOLDERS OF GTEC COMMON SHARES WILL RECEIVE APPROXIMATELY 40% OF ISSUED AND OUTSTANDING SHARES OF INVICTUS POST-CLOSING
* INVICTUS MD STRATEGIES CORP - TRANSACTION WILL BE EFFECTED BY WAY OF A PLAN OF ARRANGEMENT COMPLETED UNDER BUSINESS CORPORATIONS ACT
* INVICTUS MD STRATEGIES CORP - ANTICIPATED THAT DIRECTORS, OFFICERS, INSIDERS OF GTEC, CO WILL ENTER SUPPORT AGREEMENTS TO VOTE IN FAVOUR OF DEAL
* INVICTUS MD STRATEGIES CORP - ANTICIPATED THAT INVICTUS AND/OR GTEC WILL HIRE FINANCIAL ADVISORS IN CONNECTION WITH DEAL