Business
Green Rise Announces Interim Changes to the Board of Directors
Toronto, Ontario--(Newsfile Corp. - March 25, 2020) - Green Rise Capital Corporation doing bus...
About this update from Green Rise Foods Inc
[{"type":"text","content":"Green Rise Announces Interim Changes to the Board of DirectorsToronto, Ontario--(Newsfile Corp. - March 25, 2020) - Green Rise Capital Corporation doing business as Green Rise Foods (TSXV: GRF) (\"Green Rise\")  is pleased to announce the following developments.Pending the next Annual Meeting of the Shareholders of Green Rise, a former capital pool company, such meeting anticipated to be held towards the end of May, 2020, the board of directors has:filled the vacancy that was created previously by the resignation of Sandy Basolini. Accordingly, Matthew Tatomir, a former shareholder and President of Bull Market Farms Inc., has been elected to fill such vacancy;increased the number of directors by one (1) pending the next Annual Meeting of the Shareholders of Green Rise (as it is permitted to do so under applicable corporate law) and has elected Scott Linnell, a former shareholder of Bull Market Farms Inc. to fill the resulting vacancy; andaccepted the resignation of Lal Narang as a director of Green Rise.The board of directors thanks Lal Narang for his good service as a director.As a result of the foregoing changes, pending the next Annual Meeting of the Shareholders of Green Rise, the board of directors shall consist of the following persons:Vincent NarangMark BenadibaMatthew TatomirScott LinnellThere are no changes, at this time, in the presently appointed officers of Green Rise.Consistent with the Third DA Amendment previously announced, it is the intention of the parties that, at the forthcoming Annual Meeting of the Shareholders of Green Rise, the board of directors of Green Rise will be increased to eight (8) persons. Further details will follow subsequently.A copy of the Third DA Amendment was posted to Green Rise's profile on SEDAR (www.sedar.com) and background information concerning Messrs Tatomir and Linnell can be obtained in the press release disseminated on September 30, 2019 filed on SEDAR.FORWARD-LOOKING STATEMENTSThis news release contains \"forward-looking information\" within the meaning of applicable securities laws. Any such forward-looking statements may be identified by words such as \"expects\", \"anticipates\", \"believes\", \"projects\", \"plans\" and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ mater...