SOL Global’s CannCure and Goldstream Announce Amendment to Business Combination
March 19, 2020 07:46 PM Eastern Daylight Time
TORONTO–(BUSINESS WIRE)–SOL Global Investments Corp. (“SOL Global”) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) and Goldstream Minerals Inc (“Goldstream”) (NEX: GSX.H) announce that Goldstream and SOL Global’s investee company,CannCure Investments Inc. (“CannCure”), have amended their previously announced definitive business combination agreement providing for the reverse takeover of Goldstream by CannCure (the “Proposed Transaction”). Under the terms of the amendment, Goldstream will consolidate all of its issued and outstanding common shares on a revised ratio of 16.07201 old common shares for 1 new common share (16.07201:1) (the “Consolidation”). The closing of the Proposed Transaction is conditional on, among other things, the completion of the Consolidation and the receipt of approval from the Florida Department of
Health, Office of Medical Marijuana Use.