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BC Craft Supply Co. Ltd. — Board/Management Information 2020
Apr 3, 2020
47032_rns_2020-04-02_05472ed3-166a-46ac-8bfd-c69cfdf496f3.pdf
Board/Management Information
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Form 51-102F3
Material Change Report
Item 1 Name and Address of Company
Pasha Brands Ltd. (the “Company”) Suite 1790-1066 W Hastings St, Vancouver BC V6E 3X1
Item 2 Date of Material Change
April 2, 2020
Item 3 News Release
The news release was disseminated on April 2, 2020 by way of the facilities of Stockwatch and Market News Publishing, posted to the Company’s CSE Disclosure Hall and filed on SEDAR.
Item 4 Summary of Material Change
The Company announced the appointment of Thomas English to its board of directors.
Item 5 Full Description of Material Change Item 5.1 Full Description of Material Change
See the attached news release dated April 2, 2020.
Item 5.2 Disclosure for Restructuring Transactions
Not applicable.
Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102
Not applicable.
Item 7 Omitted Information
Not applicable.
Item 8 Executive Officer
Johannes (Theo) van der Linde, Chief Financial Officer
Business Telephone: 604 687 2038 Facsimile: 604 687 3141 Item 9 Date of Report
April 2, 2020.
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Pasha Appoints Tom English to its Board of Directors
VANCOUVER, BC (April 2, 2020) – Pasha Brands Ltd. (the “ Company ” or “ Pasha ”) ( CSE: CRFT ) ( OTC:CRFTF ) ( FSE:ZZD1 ) is pleased to announce that is has appointed Tom English to its board of directors.
Mr. Tom English has over 20 years of experience in the financial industry and has held numerous senior roles at investment banks including CIBC and Salman Partners. Mr. English has provided financial solutions for both small and large cap companies across all business sectors. During his career he has been involved in transactions across the entire capital structure, including financings (debt, equity, IPO) and mergers and acquisition advisory assignments.
For further information please contact Matthew Watters, Director, at (604) 687-2038.
About Pasha Brands
Based in British Columbia, Pasha is both North America’s largest network and agregrator of craft cannabis and Canada’s only prohibition-era brand house firmly rooted in the culture and made up by the people that created the original cannabis industry. With proven capabilities in cannabis cultivation, genetic research and development, product processing, and retail, Pasha is uniquely positioned in the new legal cannabis market through its network of hundreds of craft cannabis suppliers under the Pasha umbrella.
Pasha subsidiary, Medcann Health Products Ltd., is a Health Canada licensed cultivator and processor with a licence to sell medical cannabis products in Canada.Pasha, and its subsidiary BC Craft Supply Co. Ltd, assists micro cultivation farmers in bringing craft quality into the newly legal cannabis market in Canada by assisting them in both gaining access to licensing but also through its proprietary quality assurance and testing platform known as Craft Labs™, a proprietary platform bringing quality assurance to the craft industry, BC Craft Supply is driven to assist craft growers in obtaining security clearance and licensing to grow as micro-cultivators, specializing in education and compliance to bring growers into the regulated cannabis supply market.
Pasha's common shares trade on the CSE under the symbol "CRFT" and on the FSE under the symbol "ZZD1".
For more information, please visit www.pashabrands.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Pasha disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.