SURREY, BRITISH COLUMBIA — (Marketwired) — 04/eleven/14 — GLOBAL HEMP GROUP INC. (“Global Hemp Group” or the “Firm”) (CSE: GHG)(FRANKFURT: GHG) is happy to announce that on April tenth, 2014, the Firm reached agreements with sure of its collectors to settle an combination complete of $233,258 of debt by way of issuance of two,332,580 Widespread shares of the Firm, having a deemed worth of $zero.10 per Share (the “Shares for Debt Settlement”).
Closing for the Shares for Debt Settlement is topic to a variety of circumstances, together with receipt of all crucial company and regulatory approvals as could also be required.
On behalf of the Board of Administrators
Charles Larsen
To view Global Hemp Group, Inc. on the Canadian Securities Trade underneath image GHG click on HERE.
To view Global Hemp Group, Inc. on the Boerse-Frankfurt Change/XETRA change beneath image GHG click on HERE.
U.S. buyers should purchase beneath image “GHG” on the Canadian Securities Change or on the Boerse-Frankfurt Trade and XETRA Change. These shares are made out there by way of your most popular U.S. Inventory Dealer.
This press launch, required by relevant Canadian legal guidelines, isn’t for distribution to U.S. information providers or for dissemination in the USA, and doesn’t represent a suggestion of the securities described herein. These securities haven’t been registered underneath the USA Securities Act of 1933, as amended, or any state securities legal guidelines, and will not be provided or bought in america or to U.S. individuals until registered or until an exemption from such registration is relevant.
Ahead Wanting Statements – Sure info set forth on this information launch might include ahead-wanting statements that contain substantial recognized and unknown dangers and uncertainties. These ahead-wanting statements are topic to quite a few dangers and uncertainties, sure of that are past the management of Global Hemp Group Inc., together with, however not restricted to the influence of basic financial circumstances, business circumstances, volatility of commodity costs, foreign money fluctuations, dependence upon regulatory approvals, the supply of future financing and exploration danger. Readers are cautioned that the assumptions used within the preparation of such info, though thought-about affordable on the time of preparation, might show to be imprecise and, as such, undue reliance shouldn’t be positioned on ahead-wanting statements.
The CNSX has not reviewed and doesn’t settle for duty for the adequacy or accuracy of this launch.
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