Vancouver BC / NEWSWIRE / November 5, 2019 /CNW/ - Agrios Global Holdings Ltd.(CSE: AGRO) (OTCQB: AGGHF) (FSE: ØSA - WKN-A2N62K) ("Agrios" or the "Company") is pleased to announce that Chris Kennedy, President & CEO of Agrios will present at the annual Munich Kapital Konference (the “MKK”) on December 11, 2019, at 11:10 AM in Munich Germany.
The MKK, a two day event arranged by GBC AG is the largest “by invitation only” capital market conference in Germany. MKK is attended by institutional investors, portfolio managers, asset managers, family offices, high net worth individuals, and journalists. In addition to Agrios’ featured presentation on December 11, 2019, the Company will be attending numerous one on one meetings arranged by GBC AG.
The December 2019 MKK showcases companies with innovations in technology, agri-tech, biotech, data analytics, data management communications, healthcare and, alternative energy. Agrios is one of several presenters recognized for its development of ground-breaking technologies and products in the areas of agri-tech applications and data analytics that have been invited to present at the conference. Agrios has developed and employs proprietary data analytics driven technology for use in aeroponic cultivation, which permits the replication of exact growing conditions to produce consistent premium quality crops and yields at a cost-effective price point.
“Agrios has particpated in two GBC conferences, mostly recently in Zurich which we found to be very advantageous for the company. I look forward to presenting Agrios’ technological innovations along-side such notable companies as Manz AG, Nynomic AG, OnOff, PNE AG, MPH Healthcare AG, at this invitation only event,” stated Chris Kennedy President & CEO of Agrios.
Investors not attending the MKK conference wishing to meet with Chris Kennedy, President and CEO of Agrios on December 12, 2019, in Munich are invited to go to https://agriosglobal.com/research/ and request a meeting by completing the form and providing a suitable time in the message box portion of the form.
Agrios also entered into a debt settlement agreement with an arms-length party (the “Creditor”) to settle an aggregate C$48,681 in debt (the “Debt”). In settlement of the Debt, the Company will issue an aggregate of 194,724 common shares in the capital of the Company (the “Debt Shares”) at a deemed price of C$0.25 per Debt Share (the “Debt Settlement”). The Debt will be completely satisfied and extinguished upon the issuance of the Debt Shares.
All securities issued in connection with the Debt Settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. Closing of the Debt Settlement is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the Canadian Securities Exchange.
About Agrios Global Holdings Ltd.
Agrios Global Holdings is a data analytics driven agriculture technology and services company advancing the latest innovations in indoor growing science. The Company owns, leases and manages properties and equipment for eco-sustainable agronomy and provides advisory services to support all aspects of aeroponic cultivation in the cannabis sector. Agrios is actively pursuing new opportunities to expand its portfolio of tenant growers and infrastructure assets in strategic licensed jurisdictions. Based in Vancouver, BC. Agrios is managed by a highly accomplished team of experienced industry and capital markets experts who are committed to the growth of the company.
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This news release was prepared by management of Agrios, which takes full responsibility for its contents. The Canadian Securities Exchange ("CSE") has not reviewed and does not accept responsibility for the adequacy of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Agrios' periodic filings with Canadian securities regulators. When used in this news release, words such as "will, could, plan, estimate, expect, intend, may, potential, believe, should," and similar expressions, are forward-looking statements.
Forward-looking statements may include, without limitation, statements related to corporate strategy and Agrios’ ability to execute such strategy, future developments regarding Agrios’ expansion into various markets including numerous states within the United States of America, and into Asia, expected costs of hemp fiber, intended development and sales of hemp products, market demand for hemp products, and the business and operations of Agrios as it relates to the Yunnan Province.
Although Agrios has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects which have limited or no operating history and are engaged in activities currently considered illegal under US Federal laws; change in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.
There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. Because of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.
Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. Agrios disclaims any intention or obligation to update or revise such information, except as required by applicable law, and Agrios does not assume any liability for disclosure relating to any other company mentioned herein.