VAUGHAN, ON, June 3, 2019 /CNW/ – Ignite International Brands, Ltd. (CSE: BILZ) (“Ignite” or the “Company“) is pleased to announce that, further to its news release of May 30, 2019, Ignite has received final approval of the Canadian Securities Exchange (the “CSE“) for the previously announced business combination (the “Business Combination“) between Ignite and Ignite International, Ltd. The Company anticipates that trading of the subordinate voting shares of Ignite will commence on the CSE on June 4, 2019 under the ticker symbol “BILZ”.
Jim McCormick, President of Ignite, stated, “We are certainly pleased that our subordinate voting shares will commence trading on the CSE tomorrow following the reorganization of the Ignite corporate structure into one business entity. This will facilitate the execution of our long term strategy and we appreciate the patience of shareholders during the process.”
Ignite is a CSE-listed vertically-integrated company operating in the cannabis industry. Ignite intends to expand its business, which currently includes branding, marketing, licensing, sales and distribution, across additional legal jurisdictions in the United States and into international jurisdictions, across multiple product applications. Ignite intends to effect this expansion through brand leverage, product development, targeted marketing and strategic supply chain partnerships in each of the target jurisdictions.
For further information: Eddie Mattei, Tel: (905) 669-0623, Email: email@example.com
Source: Ignite International Brands, Ltd.