Toronto, Ontario--(Newsfile Corp. - July 2, 2020) - Matica Enterprises Inc. (CSE: MMJ) (FSE: 39N) (OTCQB: MMJFF) ("Matica" or the "Company") is pleased to welcome Mr. Ali Gerba to the board of directors of the Company, subject to regulatory approval. Mr. Gerba brings extensive experience in Quebec's business environment, as well as a strong connection with the world of professional sports. Mr. Gerba has a strong interest in how Medical Cannabis products have begun to help athletes improve the treatment of sport related injuries.
Mr. Gerba was born in Yaoundé, Cameroon and grew up in Montreal. His passion for soccer led to a professional career where he played in the throughout Europe, including the English League One, the US and in Canada for both Montreal Impact and Toronto FC. Mr. Gerba has also represented Canada at the international level as a member of Canada's National Soccer Team and still remains one of Canada top international goal scorers. Ali Gerba and his family have been very successful within Montreal's business community, creating a special liaison with African countries and working closely with government agencies for the development of business opportunities in Quebec and Canada.
The Company has granted 2,000,000 stock options to two new, incoming independent Directors and 1,600,000 stock options to three consultants. All granted options are exercisable at $0.025 for up to five years from the date of grant. Further, the Company has cancelled 5,000,000 previous granted management stock options.
Matica is a multi-faceted, innovative company in the Quebec cannabis space. Its subsidiary, RoyalMax Biotechnology Canada Inc. is a Dorval, Quebec based Health Canada Licence Holder. RoyalMax has been granted a standard cultivation licence, standard processing and medical sales licences by Health Canada.
For more information on Matica Enterprises please visit the website at: www.maticaenterprises.com.
On behalf of the Board of Directors
MATICA ENTERPRISES INC.
Boris Ziger, CEO & Chairman
Disclaimer for Forward-Looking Information
Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.
This news release contains statements about the Company's information that may be made available on the S&P Capital IQ Corporation Records Listing Program and the business of Matica that are forward-looking in nature and as a result, are subject to certain risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek Safe Harbor.
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