Green Swan Diversifies Growth Strategy and Provides Corporate Update
08 Avril 2014 - 2:00PM
Marketwired
Green Swan Diversifies Growth Strategy and Provides Corporate
Update
BURLINGTON, ONTARIO--(Marketwired - Apr 8, 2014) - Green Swan
Capital Corp. (TSX-VENTURE:GSW) ("Green Swan") announces the
diversification of its growth plan into other business areas. Green
Swan's board has instructed management to immediately identify
international medical and non-medical marijuana and hemp
opportunities. Green Swan will add to its advisory board and will
also continue with its Mining Division.
Green Swan has granted a total of 775,000 incentive stock
options pursuant to its stock option plan to certain officers,
directors and consultants exercisable at a price of $0.135 cents
per share for a period of five years from the date of grant. The
board has approved the conversion of debt to equity in Green Swan
for arm's length and non-arm's length creditors, and authorized
management to negotiate as may be necessary with any creditors. The
grant of the options and the debt conversion are subject to
regulatory approval.
The board has called an annual and special shareholder meeting
for July 10, 2014.
About Green Swan Capital Corp.
Green Swan Capital Corp. is a diversified Canadian company. With
25,515,417 shares outstanding and a proven leadership team, Green
Swan is well-poised to deliver real value to its shareholders.
Forward Looking Statements
This news release may include statements about expected
future events and/or financial results that are forward-looking in
nature and subject to risks and uncertainties. GSW cautions that
actual performance will be affected by a number of factors, many of
which are beyond its control. Future events and results may vary
substantially from what GSW currently foresees. Discussion of the
various factors that may affect future results is contained in
GSW's recent filings, available on SEDAR. GSW assumes no liability
for repeating or referring to any facts, statements, releases, data
or reports disseminated by any other issuer. Any reference to any
other issuer should be cross-checked for accuracy and context by
the reader. Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
On Behalf of the Board of Directors
GREEN SWAN CAPITAL CORP.
Peter M. Clausi, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Green Swan Capital Corp.Peter M. ClausiPresident, CEO and
Director905-681-1925pclausi@brantcapital.ca
Green Swan Capital Corp. (TSXV:GSW)
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