November 14, 2018 – Vancouver, BC
New Age Brands Inc. (CSE:NF) (OTC:NWGFF) (FSE:ONF) (“New Age Brands” or the “Company”) is pleased to announce that, pursuant to a director’s resolution, the Company has changed its name to New Age Brands Inc. The Company will not be changing its trading symbol in connection with the name change. The CSE will publish a bulletin announcing the effective date of the change in the Company’s name and the Company anticipates that the shares will begin trading under the new name on or about Friday, November 16, 2018. The CUSIP number assigned to the Company’s shares following the name change is 64158L109 (ISIN: CA64158L1094). No action is required to be taken by shareholders with respect to the name change. Outstanding share certificates are not affected by the name change and do not need to be exchanged.
“As our Company now incorporates a number of different brands focused on the burgeoning CBD business and real estate assets that are much more solid and add additional cash flow, management felt that it needed to change the name of the Company to better reflect our vision moving forward”, said Josh Bartch, CEO of the Company. “Management has been working diligently on the Company as a whole to increase shareholder value and wishes to thank our loyal shareholders for their continued support. Please stay tuned as a there a number of exciting announcements coming in the near future!”
About New Age Brands
New Age Brands is an innovative Cannabidiol (“CBD”) lifestyle Company. Through the Company’s wholly
owned subsidiaries We are Kured and Drink Fresh Water, the Company’s main business activities
encompass the development, marketing and distribution of CBD products (including vaporizer pens and
beverages) throughout the United States and internationally. In addition, New Age Brands has extensive
retail and cultivation land investments in Oregon.
For further information about New Age Brands, please consult the Company’s profile on SEDAR at
www.sedar.com or visit the Company’s website at www.NABrandsInc.com. For further information about
We Are Kured, please visit their website at www.wearekured.com.
This news release contains forward‐looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward‐looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to completion of planned improvements at both the Canadian and US sites on schedule and on budget, the availability of financing needed to complete the Company’s planned improvements on commercially reasonable terms, planned occupancy by the tenant‐growers, commencement of operations, differences in yield on expected harvests, delays in obtaining statutory approval for marijuana production plans, issues that may arise throughout the grow period, outdoor crops affected by weather, the ability to mitigate the risk of loss through appropriate insurance policies, and the risks presented by federal statutes that may contradict local and state legislation respecting legalized marijuana. These forward‐looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
This news release does not constitute an offer of securities for sale in the United States. These securities have not and will not be registered under United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to a U.S. Person unless so registered, or an exemption from registration is relied upon.