EVITRADE Announces Final Share Record Dividend date for Subsidiaries
Vancouver, British Columbia (FSCwire) - EVITRADE Health Systems Corp. (CSE:EVA, OTCQB: AXHLF) (the “Company”) announces the final share record dividend date for the remaining C&C Cosmeceuticals Corporation, Trials Division and Data Security subsidiary companies to be for holders of record as of Wednesday April 26th, 2017. The Company will be trading Ex-Dividend of the remaining subsidiary companies as of Monday April 24th, 2017. For the C&C Cosmeceuticals Corporations, the record date was initially set to be April 24th, 2017 subject to being finalized and an exchange bulletin confirmation. The share dividend record date for C&C Cosmeceuticals has now been amended to be April 26th, 2017. An exchange bulletin will be released to confirm the details.
As per the shareholder and court approved plan of arrangement the subsidiary companies are to be distributed pro-rata to shareholders of record on the share record distribution dates and the ratio of the distribution to existing shares held to be determined by management. Management is pleased to report that the distribution shall be on a 1:1 basis.
The purpose as per the plan of arrangement for the subsidiary companies is to be divested from the parent company and operate as independent business units and acquire any assets as determined by any definitive agreements that the companies may enter into.
For further information Shareholders can reference the Information Circular dated February 6, 2017.
Contact: Ron Ozols, Director
EVITRADE Health Systems Corporation
(formerly Auxellence Health Corporation)
Twitter: @evitradehealth or https://twitter.com/evitradehealth
US OTC Markets: http://www.otcmarkets.com/stock/AXHLF/news
About EVITRADE Health (CSE: EVA, OTCQB: AXHLF)
EVITRADE (formerly Auxellence Health Corp.), was founded in 2013 to provide online “digital healthcare” services for resolving common health problems. The current markets are weight-loss, high blood pressure, high blood glucose and heart arrhythmia.
The TULIP™ system is an online self-service intended for adults interested in normalizing blood pressure, heart rate and rhythm, blood glucose, and body weight. Measurement procedures, conditioning protocols, and session schedules are prescribed automatically from data acquired by the user’s TULIP™ device – a blood pressure monitor with interactive protocols that can feed medical records and expert systems useful in testing, tracking and treating common health conditions.
The Tulip™ medical device has received Health Canada and CE Mark certifications.
About C&C Cosmeceuticals Corp. (“C&C” a wholly owned subsidiary of the Company)
C&C was founded in 2011 to develop, manufacture and market nutraceutical and cosmeceutical personal healthcare products and services. It was the predecessor company that acquired Auxellence Health Corporation, which is now named EVITRADE Health Systems Corp. and is a wholly owned subsidiary. On November 15, 2016, the company announced that it signed an MOU to acquire a 50 Hectare Cannabis Farm for C&C and on January 23, 2017 the company that it signed a LOI to acquire a Plant Oils Extraction firm for C&C. On March 3, 2017 at the shareholders meeting, C&C was voted 100% in favour of to be spun off from the parent company and it was announced on March 6, 2017 that C&C was to be spun off on a 1:1 basis. All shareholders holding shares in EVITRADE will receive shares an equal number of shares in C&C as of the record date, which shall be announced shortly.
Disclaimers – Forward Looking Statements
This news release contains forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward looking statements. The company disclaims any intention or obligation to revise or update such statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis and other disclosure filings with Canadian securities regulators and on the OTC Markets website which is posted on www.sedar.com, http://thecse.com/en/listings/technology/evitrade-health-systems-corp, and http://www.otcmarkets.com/stock/AXHLF/filings. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither the Canadian Securities Exchange (CSE or CNSX Markets), nor its Regulation Services Provider (as that term is defined in policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
To view this press release as a PDF file, click onto the following link:
Source: EVITRADE Health Systems Corp. (CSE:EVA, OTCQB:AXHLF)
To follow EVITRADE Health Systems Corp. on your favorite social media platform or financial websites, please click on the icons below.
Maximum News Dissemination by FSCwire. http://www.fscwire.com
Copyright © 2017 Filing Services Canada Inc.