Pele Mountain Resources Inc.

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Canada & Ontario Toronto

2200 Yonge Street, Suite 905

+1 416 368-7224

www.pelemountain.com

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Company Press Releases

Pele Mountain Resources Enters into Definitive Agreement with Bhang Corporation Relating to a Proposed Reverse Take-Over Transaction

Toronto, Ontario--(Newsfile Corp. - November 9, 2018) - Pele Mountain Resources Inc. (TSXV: GEM) ("Pele" or the "Company") has announced that, further to its previously announced non-binding letter of intent dated June 19, 2018, as amended, it has entered into a definitive agreement (the "Definitive Agreement") with Bhang Corporation ("Bhang"), a privately-held Nevada corporation, to acquire a 100% interest in Bhang via a business combination transaction (the "Transaction"). The Company also announced that it has received requisite shareholder approval for certain matters ancillary to the Tr...

IIROC Trading Halt - GEM

VANCOUVER, June 19, 2018 /CNW/ - The following issues have been halted by IIROC: Company: Pele Mountain Resources Inc. TSX-Venture Symbol: GEM Reason: At the Request of the Company Pending News Halt Time (ET): 11:05 AM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Investment Industry Reg...

Pele Mountain Resources Enters into Letter of Intent with Bhang Corporation Relating to a Proposed Reverse Take-Over

TORONTO, June 19, 2018 (GLOBE NEWSWIRE) -- Pele Mountain Resources Inc. (TSXV:GEM) (“Pele” or the “Company”) today announced that it has entered into a non-binding letter of intent (the “LOI”) with Bhang Corporation (“Bhang”), a privately-held Nevada corporation, to acquire a 100% interest in Bhang via a business combination transaction that would constitute a reverse take-over and change of control of Pele (the “Transaction”).  The final structure of the Transaction will be determined by Bhang and Pele to accommodat...

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