/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR
DISSEMINATION IN THE UNITED STATES/
VANCOUVER, Nov. 27, 2018 /CNW/ - SpeakEasy Cannabis Club Ltd. (CSE: EASY) (Frankfurt: 39H) (the "Company" or "SpeakEasy") acknowledges that it was mentioned in a press release disseminated by the British Columbia Securities Commission (the "BCSC") on November 26, 2018 concerning certain allegations made by the BCSC against a group of individuals and corporate entities, including certain individuals and corporate entities previously associated with the Company.
SpeakEasy wishes to reconfirm its commitment to ensuring the integrity of the Canadian capital markets. The Company's management endorses a culture that fosters open and transparent dealings with all regulatory bodies and the dissemination of public information.
SpeakEasy also wishes to reassure stakeholders that the Company has undergone several changes over the past number of months, including significant changes to its management team. As previously announced, Anthony Jackson ceased to be a Director and the Chief Financial Officer of the Company on September 10, 2018. Concurrently with the termination of Mr. Jackson's duties, Mervyn Geen, a director of the Company, was appointed interim Chief Financial Officer. Mr. Geen was the Chairman and Director of Sun-Rype Products Ltd, for nearly two decades until its sale to the Pattison Group in 2013. Also on September 10, 2018, Brian Peery, the President of SpeakEasy, was added to the Board.
The Canadian Securities Exchange has not approved nor disapproved the contents of this news release.
SOURCE SpeakEasy Cannabis Club Ltd.
For further information: Media Contact: Jen Hazell, Talk Shop Media on behalf of SpeakEasy, Speakeasy@talkshopmedia.com, (604) 738-2220