World-Class Extractions Inc.
World-Class Appoints New Board Member
Wednesday, April 8, 2020 3:30 AM
VANCOUVER, BC / ACCESSWIRE / April 8, 2020 / World-Class Extractions Inc. (CSE:PUMP)(FRA:WCF)(OTCQB:WCEXF) (the "Company" or "World-Class") is pleased to announce the appointment of Michael Galloro as a director of the Company.
Michael Galloro is an accomplished financial executive with over 25 years of experience. He is a Principal at ALOE Finance ("ALOE"), a transaction services boutique firm focused on the small and mid-cap space that has worked with several go public strategies over the years in a multitude of industries. Mr. Galloro has worked closely with emerging private and publicly listed companies operating globally, and assisting with M&A, financings and corporate structuring, both in the Canadian and the US securities markets. Mr. Galloro's experience includes holding senior officer roles and board of director positions, providing key skills to navigate the world of public markets.
Rosy Mondin, CEO of World-Class remarked, "We are very excited to welcome Michael to our Board. His extensive and influential contacts in the capital markets as well as the cannabis sector will prove to be invaluable to the Company as it expands its business in pursuit of increasing shareholder value".
Michael Galloro commented, "I am honoured to be joining the talented World-Class team. I look forward to contributing to the Company's business plan and working hard to deliver value to World-Class shareholders."
About World-Class Extractions Inc.
World-Class develops, deploys and manages custom-built extraction centers for licensed cannabis and hemp processors. Utilizing its custom technology and processes, World-Class enables its licensed partners to efficiently produce high-margin cannabis and hemp concentrates and oils. Through its relationships with licensed partners, World-Class has the ability to offer toll processing of cannabis and hemp to licensed third parties that lack the expertise and equipment required to produce high-quality cannabis and hemp concentrates and end-products. In addition, Pineapple Express Delivery, a World-Class subsidiary, offers legal cannabis delivery services for both the medical and recreational markets in Ontario, as well as certain other provinces within Canada.
Christina Rao & Daniel Mogil
World-Class Investor Relations
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management of the Company.
Cautionary Note Regarding Forward-Looking Statements
All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws, including with respect to the successful deployment of the Company's cannabis and hemp processing centres and the ability of Pineapple Express Delivery to expand its delivery services. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company's public filings under the Company's SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
SOURCE: World-Class Extractions Inc.