Nabis Changes Name to “Nabis Holdings Inc.” and Continuation Into BC
28 May 2019 - 7:00PM
Innovative Properties Inc. d/b/a Nabis Holdings (CSE: NAB; OTC:
INNPF; FRA: 71P) (“
Nabis Holdings” or the
“
Company”), a leading Canadian investment company,
with specialty investments in assets across multiple divisions of
the cannabis sector, is pleased to announce that further to its
news release dated May 6, 2019, the effective date for the
Company’s name change to “Nabis Holdings Inc.” (the “
Name
Change”) and continuance into the province of British
Columbia (the “
Continuation”) will be May 29,
2019. The Company’s Canadian Securities Exchange
(“
CSE”) ticker symbol NAB will remain
unchanged.
The Company’s common shares are expected to
begin trading on the CSE under the name “Nabis Holdings Inc.” on or
about June 3, 2019. The new CUSIP will be 629523101 and the new
ISIN number will be CA6295231014. The Continuation and Name
Change were approved by the shareholders of the Company at the
annual and special meeting held on May 3, 2019.
About Nabis Holdings
Nabis Holdings is a Canadian investment issuer
that invests in high quality cash flowing assets across multiple
industries, including real property, securities, cryptocurrency,
and all aspects of the U.S. and international cannabis sector. Led
by two of the co-founders of MPX Bioceutical, one of the largest
takeovers in the U.S. Cannabis space to date, the company has a
proven track record in emerging markets to create significant
shareholder value. The Company is focused on investing across the
entire vertically integrated aspects of the space with a focus on
revenue generation, EBITDA and growth.
For more information, please visit
https://www.nabisholdings.com/.
ON BEHALF OF THE BOARD OF
DIRECTORS
“Shay Shnet”
Shay ShnetCEO and
Director
For inquiries, please contact
604-687-7130 or email info@nabisholdings.com.
The CSE does not accept responsibility
for the adequacy or accuracy of this release.
Forward-Looking StatementsAll
statements, other than statements of historical fact, included
herein are forward-looking statements that involve various risks
and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements.
The risks are without limitations: that the acquisitions will be
completed by the Company or completed upon the terms disclosed; the
price for cannabis and related products will remain consistent and
the consumer demand remains strong; availability of financing to
the Company to develop the retail locations; retention of key
employees and management; changes in State and/or municipal
regulations of retail operations and changes in government
regulations generally. Important factors that could cause actual
results to differ materially from the Company’s expectations are
disclosed in the Company’s documents filed from time to time with
the Canadian Securities Exchange, the British Columbia Securities
Commission, the Ontario Securities Commission and the Alberta
Securities Commission.
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