Icanic Brands Announces Correction
VANCOUVER, British Columbia, June 08, 2020 (GLOBE NEWSWIRE) — Icanic Brands Company Inc. (CSE: ICAN, OTCQB: ICNAF) (“Icanic Brands” or the “Company”), announces a correction to its news release disseminated today.
The Company announces that, together with certain shareholders of the Company, it has entered into a voluntary pooling agreement. The voluntary pooling agreement will restrict the sale of approximately 70 million shares of the Company, representing approximately 32% of the issued and outstanding shares of Integrated Cannabis to December 31st, 2021, bringing the total restricted shares outstanding to approximately 91 million shares, which collectively represents approximately 42% of the total outstanding shares of the Company.The statement in the previous news release that the restriction would be for six months from the date of the pooling agreement to December 31st, 2021, has been removed.About Icanic Brand Company, Inc.
The Company announces that, together with certain shareholders of the Company, it has entered into a voluntary pooling agreement. The voluntary pooling agreement will restrict the sale of approximately 70 million shares of the Company, representing approximately 32% of the issued and outstanding shares of Integrated Cannabis to December 31st, 2021, bringing the total restricted shares outstanding to approximately 91 million shares, which collectively represents approximately 42% of the total outstanding shares of the Company.The statement in the previous news release that the restriction would be for six months from the date of the pooling agreement to December 31st, 2021, has been removed.About Icanic Brand Company, Inc.
