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

Bhang Inc., Formerly Pele Mountain Resources Inc., Announces Name Change, Share Consolidation and Settlement of Debt

Toronto, Ontario--(Newsfile Corp. - May 27, 2019) - Bhang Inc., formerly known as Pele Mountain Resources Inc. (TSXV: GEM) (the "Corporation") announces today that, in connection with the business combination (the "Transaction") between the Corporation and Bhang Corporation, a privately-held Nevada corporation, previously announced in the Corporation's press releases dated June 19, 2018 and November 9, 2018, the Corporation has filed Articles of Amendment effective May 24, 2019, changing its name to BHANG INC. (the "Name Change") and consolidating the common shares of the Corporation, on the b...

Pele Mountain Resources Announces Closing of $5.9 Million Subscription Receipt Financing by Bhang Canada Inc.

/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Feb. 12, 2019 /CNW/ - Pele Mountain Resources Inc. (TSXV: GEM) ("Pele" or the "Company") announces that, further to its November 9, 2018 announcement regarding the business combination pursuant to which, among other things, Pele will complete a reverse take-over of Bhang Corporation ("Bhang"), a privately-held Nevada corporation (the "RTO Transaction"), Bhang Canada Inc. ("BCI"), a special purpose vehicle, completed a private placement financing of subscription receipts (the...

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...

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