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Knowlton Capital Inc. - Leni Gas Cuba Limited Invests in the Cuba Mountain Coffee Company Ltd.
Knowlton Capital Inc. - Leni Gas Cuba Limited Invests in the Cuba Mountain Coffee Company ...
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[{"type":"text","content":"\n\n\n\nKnowlton Capital Inc. - Leni Gas Cuba Limited Invests in the Cuba Mountain Coffee Company Ltd.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nKnowlton Capital Inc. - Leni Gas Cuba Limited Invests in the Cuba Mountain Coffee Company Ltd.\nCanada NewsWire\nMONTREAL, June 20, 2016\n\n\n\nMONTREAL, June 20, 2016 /CNW Telbec/ - Knowlton Capital Inc. (\"Knowlton\") (TSX-V: KWC‑H) previously announced that it has entered into an Arrangement Agreement with Leni Gas Cuba Limited (\"LGC\") for a reverse take-over of Knowlton by LGC.  Knowlton has mailed a management information circular dated June 9, 2016 to its shareholders for an annual and special meeting to be held on July 6, 2016 to consider the reverse take-over with LGC.\n\nKnowlton wishes to advise its shareholders that LGC issued a press release today announcing that LGC has acquired a 10% interest in The Cuba Mountain Coffee Company Ltd (\"CMC\") for an investment of £27,300 (approximately CAD$50,000). LGC's press release is available on its web site at www.lg-cuba.com under \"Investors/Media Releases\".\n\nLGC's press release discloses that CMC is an English company founded in 2013 to promote, on a worldwide basis, single-origin gourmet coffee from Cuba's Guantanamo region, both as green beans and also via CMC's own bespoke coffee brand, \"Alma de Cuba\".\n\nLGC's press release also discloses that CMC signed a letter of intent in April 2015 with Grupo Agro Forrestal and Empresa Procesadora de Café Asdrúbal López Vazquez (\"AL\") for green bean coffee supplies and that CMC is working towards formalizing a definitive ten-year (extendable) International Economic Association Contract with AL intended to provide, over a five-year period, capital and equipment to improve the processing and quality of green beans from the Guantanamo region of Cuba. In return, CMC would obtain the rights to an increasing proportion of this production for global marketing. The press release describes AL as a part of the Cuban Ministry of Agriculture/Grupo Agro Forrestal, which con...