Tickers: XCNQ:WST, PINX:WSRRF
Tags: Mining
Vancouver, British Columbia / TheNewswire / September 21, 2018 - Westridge Resources Inc. ("Westridge" or the "Company") is pleased to announce that it has received conditional approval from the Canadian Securities Exchange (the "Exchange") for the proposed business combination (the "Transaction") between Harrys International Manufacturing Inc. ("HIMI") and the Company, previously announced in the Company's press release dated January 22, 2018, which Transaction constitutes a Fundamental Change pursuant to the policies of the Exchange.
Additional information in respect of the Transaction and HIMI will be provided in the Company's Listing Statement, which will be made available under the Company's SEDAR profile at www.sedar.com.
Completion of the Transaction remains subject to a number of conditions, including the parties satisfying the conditions of the Exchange.
Harrys International Manufacturing Inc.
Since the announcement of the Transaction Harrys International Manufacturing Inc. has continued its focus on generating revenues from the distribution of cigarettes to international customers. The management team of HIMI brings over 50 years of combined experience in the domestic and international tobacco industry. Harrys management team will leverage this experience and knowledge as it works towards obtaining the necessary federal and provincial license and permits to purchase, manufacture and sell tobacco products.
For further information on Westridge Resources Inc. please contact the Company at 604-565-5100
ON BEHALF OF THE BOARD
"Michael Young"
Michael Young
President and CEO
The CSE has neither approved nor disapproved the information contained herein.
This news release contains forward-looking statements. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.
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