/EIN News/ — NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS
TORONTO, May 07, 2019 (GLOBE NEWSWIRE) — Lineage Grow Company Ltd. (CSE:BUDD) (“Lineage” or the “Company”) provides this clarification further to its preps release of May 6, 2019 with respect to the transaction (the “RTO”) with FLRish, Inc. (“FLRish”), and proposed concurrent financing of FLRish by way of private placement of a minimum of C$10 million of subscription receipts (the “Concurrent Financing”).
None of the securities of Lineage, FLRish or the securities to be issued in the Concurrent Financing or the RTO have been or will be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. Persons”, as such term is defined in Regulation S under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements. This news release shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.