VANCOUVER, BC / ACCESSWIRE / July 18, 2018 / Omni Commerce Corp. (TSX-V: OMNI; FRA: 0MZA) ("Omni" or the "Company") is pleased to announce that Mr. Todd Macdonald has joined the advisory board. Mr. Macdonald is an active partner of a General Motors and a Chrysler franchise dealership in British Columbia. He is also active in mergers and acquisitions involving land development and construction and has experience in corporate finance for public and private companies.
"Mr. Macdonald's business experience and tenacity make him a valuable addition to the Omni Advisory Board," said Mr. Anthony Srdanovic, Omni's Chief Executive Officer. "We believe he will be an ideal strategic advisor to bring the Company through its next stage of development."
Further to Omni's news release of July 4, 2018, Keir Reynolds has resigned as a director of the Company, effective as of July 3, 2018. In addition, although the Company previously advised that Mr. Reynolds would continue to serve as an advisor to the Company, the Company has since determined not to proceed with such appointment. The Company thanks Mr. Reynolds for his service and wishes him all the best in his future endeavors.
Omni is a Vancouver-based e-commerce company listed on TSX Venture Exchange. The Company aims to become a diversified investment and venture capital firm with a focus on e-commerce and the hemp and cannabis industries.
ON BEHALF OF THE BOARD
OMNI COMMERCE CORP.
Per: "Anthony Srdanovic"
Anthony Srdanovic, CEO
For further information, please contact:
Omni Commerce Corp.
Anthony Srdanovic, CEO
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Disclaimer for Forward-Looking Information
This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including: statements regarding the future strategy of the Company; potential future transactions; the sectors in which the Company is considering operating; the potential transfer of listing of the Company's common shares to the Canadian Securities Exchange; and the possible approvals of matters by shareholders of the Company. These forward-looking statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements and are frequently identified by words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions, expectations of future developments and other factors which management believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and, accordingly, undue reliance should not be placed thereon. Risks and uncertainties that may cause actual results to vary include, but are not limited to, failure by the Company to obtain shareholder approval of a proposed change of business or fundamental transaction if required; failure to obtain approval of the Company's shareholders for a transfer of listing of the Company's shares to the Canadian Securities Exchange; failure to obtain regulatory approval of the TSX Venture Exchange or the Canadian Securities Exchange, as applicable; failure to identify potential transaction opportunities with acceptable terms or that have the ability to increase shareholder value; risks related to investments and operations in the cannabis sector in the United States; and other factors beyond the Company's control, as well as the risks and uncertainties which are more fully described in our annual and quarterly management's discussion and analysis and in other filings made by the Company with Canadian securities regulatory authorities under the Company's profile at www.sedar.com. The Company disclaims any obligation to update or revise any forward-looking information or statements except as may be required by applicable law.
SOURCE: Omni Commerce Corp.