VANCOUVER, British Columbia, Oct. 26, 2021 (GLOBE NEWSWIRE) —
Agra Ventures Ltd.
(“AGRA”
or
the
“Company”)
(CSE: AGRA)
(Frankfurt:
PU31)
(OTCPK:
AGFAF),
a growth-oriented and diversified company focused on the international cannabis industry, is pleased to announce the appointment of Fiona Fitzmaurice to its board of Directors, effective October 22, 2021. Ms. Fitzmaurice is a Chartered Professional Accountant with over 14 years of experience in accounting and financial control, serving both private companies and public issuers throughout her career. Ms. Fitzmaurice will maintain her position as the Chief Financial Officer (“
CFO
”) of AGRA, which she has held since May of 2021.
Ms. Fitzmaurice has previously been appointed as the CFO of companies that include, but are not limited to, MacDonald Mines Exploration Ltd., Pasofino Gold and Mojave Jane Brands. Accordingly, Ms. Fitzmaurice has extensive experience with corporate audits, prospectus filings, private placements, financings and corporate acquisitions. Ms. Fitzmaurice holds a bachelors’ degree in accounting and finance from Athlone Institute of Technology in Athlone, Ireland.
About
Agra Ventures Ltd.
Agra Ventures is a growth-oriented and diversified company focused on the international cannabis industry. The company is dedicated to the cultivation, distribution and marketing of high-quality cannabis and cannabis-infused products worldwide. Agra Ventures’ primary asset in Canada is Boundary Bay Cannabis located in Delta, BC, which is one of the largest cannabis greenhouse facilities focused on the cost-optimized cultivation of high-potency cannabis. Abroad, the company’s wholly owned subsidiary, Farmako GmbH, is focused on becoming Europe’s leading distributor of medical cannabis. Farmako currently has active product distribution operations in Germany and expects to commence active operations in the United Kingdom in 2021.
For more information about Agra Ventures, please visit
agraventures.com
and its profile page on SEDAR at
www.sedar.com
.
ON
BEHALF
OF
THE
BOARD
OF
DIRECTORS
Nick Kuzyk, Investor Relations
E:
[email protected]
T: (800) 783-6056
Forward-looking
Information
Cautionary
Statement
Except
for
statements
of
historic
fact
this
news
release
contains
certain
“forward-looking
information” within the meaning of applicable securities law. Forward-looking information is
frequently
characterized
by
words
such
as
“plan”
“expect”
“project”
“intend”
“believe”
“anticipate” “estimate” and other similar words or statements that certain events or conditions
“may” or “will” occur. Forward-looking statements are based on the opinions and estimates at
the date the statements are made and are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from those anticipated in the
forward-looking statements including but not limited to delays or uncertainties with regulatory
approvals
including
that
of
the
CSE.
There
are
uncertainties
inherent
in
forward-looking
information including factors beyond the Company’s control. There are no assurances that the
business
plans
for
Agra Ventures described
in
this
news
release
will
come
into
effect
on
the terms or time frame described herein. The Company undertakes no obligation to update
forward-looking information if circumstances or management’s estimates or opinions should
change except as required by law. The reader is cautioned not to place undue reliance on
forward-looking statements. Additional information identifying risks and uncertainties that could
affect financial results is contained in the Company’s filings with Canadian securities regulators
which
are
available
at
www.sedar.com.
