VANCOUVER, Jan. 23, 2018 /CNW/ - Rockshield Capital Corp. (CSE: RKS), (US: CRUOF), (FSE: 6BC) ("Rockshield" or the "Company") is pleased to announce that it has acquired a stake in Liberty Leaf Holdings (CSE:LIB).
Dave Doherty, President and CEO, states "Being able to invest in a company with two late stage ACMPR applicants, North Road Ventures and Just Kush, under one roof is a rare opportunity. The valuation for companies at this stage is extremely appealing. Going forward, we recognize the present and future value of their holdings. Liberty Leaf is extremely attractive, especially in the value-added CBD/THC pet product market, where the metrics and economics have substantial additional upside."
Will Rascan, President & CEO of Liberty Leaf, states "Rockshield's investment in LIB further validates the exciting opportunities that are held within Liberty Leafs portfolio of companies. We are fortunate to have the Rockshield brand, some of the most knowledgeable investors in the Cannabis sector as backers, as we push forward with our business initiatives."
Rockshield Capital purchased 250,000 @ $0.40 with a half warrant @ $0.60.
ABOUT ROCKSHIELD CAPITAL CORP.
Rockshield Capital is a publicly traded venture capital fund under the symbol RKS on the Canadian Securities Exchange. Rockshield Capital offers investors a chance to gain exposure to early stage seed investments in companies they typically would not get access to. Leveraging the vast professional network and experience of the management Rockshield reviews hundreds of deals a year and chooses those which have the best return potential under the current market environment. For more information please refer to our website www.rockshield.ca.
For further information regarding Rockshield, see Rockshield's disclosure documents on SEDAR at www.sedar.com.
The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.
SOURCE Rockshield Capital Corp.
For further information: Rockshield Capital Corp., Dan Sorger, Director, [email protected]