Canada House Wellness Group Inc. Announces Results of AGM

TORONTO, Oct. 31, 2018 (GLOBE NEWSWIRE) — Canada House Wellness Group Inc. (“Canada House” or the “Company”) (CSE: CHV) is pleased to announce the results of the company’s Annual General and Special Meeting of shareholders that was held in Toronto, Ontario on Tuesday, October 30, where a number of business items were presented and approved by the shareholders in attendance.

The Directors of the Company that were nominated at the meeting – Norman Betts, Chris Churchill-Smith, Dennis Moir and Mike Southwell – were elected to hold office until the next Annual General Meeting of Shareholders, or until their successors are elected or appointed.

In addition, RSM Canada LLP, Chartered Professional Accountants, formerly Collins Barrow Toronto LLP, were appointed as auditors of the Company for the following year and the Directors were authorized to fix their remuneration.

Finally, shareholders approved a motion to approve the filing of articles of amendment to change the name of the Company to “Canada House Group Inc.,” “Canada House Cannabis Group Inc.” or another name as approved by the Directors. A further announcement will be made when the name change is formally affected.

The Company also is pleased to announce the immediate granting of 1,500,000 stock options to Directors and senior employees at an exercise price of $0.19 and with a term of 5-years. The grant was made in accordance with the Company’s stock option plan and the policies of the Canadian Securities Exchange.