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Winston Resources Provides Update Regarding Distribution of Common Shares of Abattis Bioceuticals to Shareholders01.06.2018 | 15:00 Uhr | CNW
VANCOUVER, June 1, 2018 - Winston Resources Inc. ("Winston" or the "Company") (CSE: WRW) (FSE:WNT) is pleased to announce that further to its news release on May 24, 2018, the Company intends to complete the distribution (the "Distribution") of a total of 15,000,000 common shares (the "Abattis Shares") of Abattis Bioceuticals Corp. ("Abattis") on or about June 8, 2018 on a pro rata basis to the Company's shareholders of record as of January 23, 2018 (the "Winston Shareholders"). Each Winston Shareholder is entitled to receive approximately 0.5968 of one Abattis Share for each common share of Winston held.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. In particular, this release contains forward-looking information relating to the intention of the Company to complete the Distribution, the related transactions and the business of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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