Feb 26 (Reuters) - Mercal Capital Corp MULp.V :
* MERCAL CAPITAL CORP. ANNOUNCES TERMINATION OF QUALIFYING TRANSACTION WITH FOLIA BIOTECH INC. AND THE ENTERING INTO OF A NEW QUALIFYING TRANSACTION WITH SERENITY CBD CANADA INC.
* MERCAL CAPITAL CORP - PURSUANT TO LETTER OF INTENT DATED FEB 22, MERCAL AND SERENITY INTEND TO ENTER INTO A SHARE EXCHANGE AGREEMENT
* MERCAL CAPITAL- PARTIES SHALL AGREE ON RESIGNATIONS OF SOME DIRECTORS OF MERCAL, APPOINTMENT OF SOME NEW DIRECTORS TO MERCAL'S BOARD MAY BE MADE