Planet Organic Health Corp.: Corporate Update
04 Juillet 2013 - 8:52PM
Marketwired Canada
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES.
Planet Organic Health Corp. (TSX VENTURE:POH.H), Mr. Ronald Francisco, President
and Chief Executive Officer of Planet Organic Health Corp. (the "Corporation"),
announces that the Corporation has advanced a partial re-payment to a related
party shareholder in the amount of $155,692 with respect to an accrued
shareholder loan. After giving effect to the payment, approximately $98,681
remains outstanding and due to the related party. The remaining amount due to
the related party is unsecured, bears no interest, and is without stated terms
of repayment. Please refer to the Corporation's interim financial statements for
the period ended March 31, 2013, which are available on www.sedar.com, for full
details of the amounts due to the related party.
Corporate Activity
The Corporation, which is listed on the NEX board of the TSXV, currently has no
operating assets or business. The Corporation will remain on the NEX until it
acquires new assets or businesses, which would result in the Corporation once
again meeting the TSXV's minimum listing requirements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Planet Organic Health Corp.
David D. Heighington
Director
(403) 237-0018
(403) 264-5444 (FAX)
(TSXV:POH.H)
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