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To: Goose94 who wrote (27129)6/21/2017 6:37:27 PM
From: Goose94Read Replies (1) | Respond to of 202365
 
MMJ-Cse new 52 week high, 7.5 cents



To: Goose94 who wrote (27129)7/20/2017 12:44:02 PM
From: Goose94Read Replies (2) | Respond to of 202365
 
Matica Enterprises (MMJ-Cse) July 20, '17 is pleased to report that the Company has signed a letter of intent (“LOI”) for Matica to become a majority owner of a second late stage application under the Access To Cannabis for Medical Purposes Regulation (“ACMPR”) in Quebec.

The target facility for this second ACMPR application is also a ten thousand square foot (10,000 sq. ft.) facility located in an industrial park in Saint-Laurent, Quebec in close proximity to our initial facility. The target is a late stage application with the goal of becoming a licensed producer under ACMPR and has completed the security clearance stage and is now in the review stage. Upon completion of due diligence, Matica will proceed to a definitive agreement (“Agreement”) which will allow Matica to acquire an initial sixty-five percent (65%) interest with the right to earn an additional five per cent (5%).

Matica Enterprises CEO, Boris Ziger states, “This second Quebec facility establishes Matica as a serious player in the Quebec medical marijuana market.”

After successful due diligence and signing of the definitive agreement, Matica is required to forward $75,000 in cash and issue 6,000,000 common shares of Matica. Matica will be required to provide funding of $2,200,000 to complete the build out of the medical marijuana facility in preparation for Health Canada inspection. This will earn Matica an initial sixty-five percent (65%) interest. After the completion of twelve (12) months of production at the facility, Matica will make a final payment of $675,000 and receive an additional five percent (5%) interest for a total seventy percent (70%) interest.



For more information on Matica please visit the website at: www.maticaenterprises.com.

On behalf of the Board of Directors

MATICA ENTERPRISES INC.

/s/Boris Ziger

Boris Ziger, CEO & Chairman



The Company’s filings are available for review at www.sedar.com and www.thecse.com.

For further information, please contact Boris Ziger, Chief Executive Officer, at:

Telephone: 416-304-9935

E-mail: info@maticaenterprises.com

Website: www.maticaenterprises.com