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CALGARY, May 9, 2019 /CNW/ - RMMI Corp. ("RMMI" or the "Company") (CSE: RMMI) is pleased to announce that its Board of Directors has extended the expiry date of 1,874,000 warrants with an exercise price of $1.25, issued in late 2017 and early 2018. The expiry date of the warrants has been extended from June 30, 2019 to June 30, 2020. The exercise price of $1.25 per warrant and all other terms of the warrants will remain unchanged for the extended exercise period. No action is required by warrant holders as a result of the extension of the warrant expiry date. A warrant holder who wishes to exercise warrants will be required to submit a warrant exercise form to the Company.
About RMMI Corp.
RMMI is an Alberta based company that focuses on the production, cultivation and sale of marijuana in various forms. RMMI, through its wholly-owned subsidiary, Rocky Mountain Marijuana Inc. ("Rocky Mountain"), is a late stage applicant under the Cannabis Act (Canada) and is in the process of obtaining the requisite license to commence cannabis production and operations. Rocky Mountain blends science with nature, using aeroponic cultivation and CO2 extraction, and intends to produce high-purity, organic-quality cannabis oils. RMMI's team will employ leading commercially-available science and technology to maximize production yields and product quality as a low-cost producer, while reducing risk to its crops and its business.
For more information about RMMI, please call Investor Relations or visit www.rmmi.ca.
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For further information: Contact Information: Earl Connors, President and Chief Executive Officer; Investor Relations Contact: George Jurcic, Director of Corporate Development, email@example.com, 403-930-7079