March 16 (Reuters) - Royal Sapphire Corp RSL.V :
* ROYAL SAPPHIRE CORP. ANNOUNCES LETTER OF INTENT WITH PURESINSE INC.
* ROYAL SAPPHIRE CORP - PURSUANT TO LOI COMPANY AND PURESINSE WILL MOVE FORWARD WITH A BUSINESS COMBINATION
* ROYAL SAPPHIRE CORP - ON OR IMMEDIATELY PRIOR TO COMPLETION OF TRANSACTION, IT IS ANTICIPATED THAT CO WILL CHANGE ITS NAME TO PURE GLOBAL CANNABIS INC
* ROYAL SAPPHIRE CORP- ON OR IMMEDIATELY PRIOR TO COMPLETION OF TRANSACTION, IT IS ANTICIPATED THAT CO WILL COMPLETE 2:1 CONSOLIDATION OF CO SHARES