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TORONTO (BUSINESS WIRE) $HMPS#Cannabis Hempsana Holdings Ltd. (the “
Company”) is pleased to announce that it has completed its previously announced business combination (the “
Transaction”) where it first consolidated its issued and outstanding common shares on a one for 253.7067059 basis (the “
Consolidation”), changed its name from “Stralak Resource Inc.” to “Hempsana Holdings Ltd.” and then acquired Hempsana Inc. (“
Hempsana”). The common shares of the Company are expected to commence trading on the Canadian Securities Exchange (the “
Stralak Resources Inc. and Hempsana Inc. Enter Into Business Combination Agreement
Stralak Resources Inc. and Hempsana Inc. are pleased to announce that they have entered into a business combination agreement today, whereby Stralak will acquire all the outstanding securities of Hempsana.
Stralak Resources Inc. (“Stralak”) and Hempsana Inc. (“Hempsana”) are pleased to announce that they have entered into a business combination agreement (the “Combination Agreement”) today, whereby Stralak will acquire all the outstanding securities of Hempsana (the “Proposed Transaction”).
Information Concerning Hempsana
The business of Stralak after the completion of the Proposed Transaction (the “Resulting Issuer”), will be the business of Hempsana, which involves manufacturing cannabis derivatives and producing cannabis extracts for use in finished products, including vapeables, topical creams and infused consumables. Hempsana’s Health Canada Standard Processing Licensed,