Warrant Extension

 

VANCOUVER, British Columbia, April 1, 2019: Wildflower Brands Inc. (CSE: SUN, OTC: WLDFF) (the “Company”) wishes to announce that it has filed documentation with the Canadian Securities Exchange (the “Exchange”) to amend the terms of an aggregate of 1,663,730 common share purchase warrants (the “Warrants”) issued pursuant to a non-brokered private placement (the “Private Placement”) which closed on April 17, 2018. The Warrants originally issued are exercisable into common shares in the capital of the Company at an exercise price of $2.50 per common share, with the Warrants expiring on April 17, 2019.  These Warrants will be amended by extending the expiry date of the Warrants to April 17, 2021.  Further, the Company has filed documentation with the Exchange to amend an additional 132,315 Warrants issued pursuant to a non-brokered Private Placement which closed on May 7, 2018.  The Warrants originally issued are exercisable into common shares in the capital of the Company at an exercise price of $2.50 per common share, with the Warrants expiring May 7, 2019.  These warrants will be amended by extending the expiry date of the Warrants to April 17, 2021.  In addition, each of the Warrants will have an accelerated expiry clause such that upon the Company’s shares trading at or above $3.50 for 20 consecutive trading days, the Company will give notice within 7 calendar days that the Warrants will expire 30 days from the date of providing such notice.  No Warrants issued under the Private Placement have been exercised to date.

ABOUT WILDFLOWER

Wildflower Brands is a Vancouver-based company developing and designing brands that focus on plant-based health and wellness products. All of our brands work in synergy, toward becoming a global wellness leader. 

On Behalf of the Board of Directors

William MacLean

____________________________________

William MacLean

Director and CEO

The Canadian Securities Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this press release.