ICC International Cannabis (TSXV:ICC) has announced that, at opening of the market on November 29, 2016, its common shares will start trading on the TSX Venture Exchange.
As quoted in the press release:
On November 23, 2016, ICC, formerly named Shogun Capital Corp., announced the closing of its qualifying transaction involving the acquisition of International Cannabis Corp by way of a “three-cornered merger” pursuant to the provisions of the BVI Business Companies Act, 2004 (the “Qualifying Transaction“). The Qualifying Transaction has now received all final approvals, including the final approval of the TSXV. The total number of issued and outstanding common shares of ICC at the commencement of trading will be 112,200,010 on a non-diluted basis and 121,373,010 on a fully-diluted basis.
“The listing of ICC’s common shares on the TSXV is a significant milestone for our Company and for this burgeoning industry. ICC is now poised to continue its rise as the leading international cannabis producer. The next step will be to construct an extraction plant so that we can develop our cannabis production for extracts and other by-products,” commented Guillermo Delmonte, Chief Executive Officer of ICC.