Clean Commodities Corp. Terminates Proposed Transaction with Pacific North Hemp Inc.
TSX VENTURE: CLE
VANCOUVER, June 4, 2019 /CNW/ - Clean Commodities Corp. (TSX VENTURE: CLE) ("Clean Commodities" or the "Corporation") advises that it was informed on Friday, May 31, 2019 that a secured creditor of Pacific North Hemp Inc. ("PNH") delivered a notice of default as against PNH.
Pursuant to the Corporation's due diligence review, Clean Commodities has terminated its proposed transaction with PNH effective Monday, June 3, 2019 (see also the Corporation's news release dated May 13, 2019).
About Clean Commodities Corp.
Clean Commodities Corp. (TSXV:CLE) is an exploration company involved in a diverse portfolio of clean commodity assets including lithium and uranium projects. For more information, please visit www.cleancommodities.com.
Ryan Kalt, Chief Executive Officer
This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.
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.