Alliance Growers Corp. (CSE: ACG) (the “Company”) announces Charles Carleton has resigned as a director, effective immediately. The Company wishes to thank Mr. Carleton for his contribution to the Company and wish him well in the future.
The Company is pleased to announce that Rupert Shore has been appointed to the Board of Directors. Rupert Shore has been a barrister and solicitor in good standing with the Law Society of British Columbia since November 1989. Prior to this Mr. Shore attended the University of Victoria, obtaining a Bachelor of Arts majoring in Geography (Resource Management) in 1983 and a Bachelor of Laws in 1988.
Following graduation from Law School Mr. Shore served as a clerk to the Judges of the Vancouver County Court. For the past 26 years Mr. Shore has practiced in both large and small legal firms and has appeared as counsel in all levels of Court in the Province of British Columbia. Since 2004, Mr. Shore has practiced law as a sole practitioner primarily in the area of commercial litigation.
During his time at Campney & Murphy, Mr. Shore’s practice focused on commercial litigation including strata property issues and was defence counsel in a landmark decision of the Supreme Court of British Columbia in favour of his client which established law in the area of shareholders’ remedies.
Mr. Shore views corporate litigation as involving far more than appearing in court. His goal is to resolve legal issues for clients in the most cost effective manner possible. As Mr. Shore advises clients, litigation is expensive and it is difficult to predict how a judge will rule on any given case. He has employed such things as mediation and settlement conferences before judges to resolve disputes, provide certainty to clients in the most cost effective manner possible.
Mr. Shore recognizes that the objective of any given legal matter is timely resolution of in order to maximize value to clients and their shareholders.
About Alliance Growers Corp.
The Company currently holds 45% of the issued and outstanding shares of BC Maramed Production Ltd. (“BCMM”). BCMM owns a leasehold interest and equipment for an 11,000 square foot production facility in Kelowna, British Columbia and is in the process of applying to become a Licensed Producer of medical marijuana under Health Canada’s new Marihuana for Medical Purposes Regulations (“MMPR”). The remaining 55% interest in BCMM is due to be transferred to the Company upon receipt by BCMM of an approved MMPR Production License from Health Canada pursuant to the terms of signed agreements with the remaining shareholders of BCMM. In connection with the transfer of the remaining 55% interest in BCMM to the Company, the Company is required to issue 6,600,000 common shares to the holders of the remaining 55% interest in BCMM. The agreements with the remaining shareholders of BCMM terminate on December 31, 2015.
For more information please contact:
Donna M. Moroney
On behalf of the board of directors of ALLIANCE GROWERS CORP.
“Donna M. Moroney”
Donna M. Moroney