ARRIS HOLDINGS, INC. AND GLOBAL HEMP GROUP ATTRACT HIGH CALIBER ADVISORS

Surrey, British Columbia, Canada / January 16, 2014 / CNSX: AAF / Frankfurt: ANI / Arris Holdings Inc. (“Arris” or  the “Company”) and its subsidiary Global Hemp Group, Inc. are pleased  to announce the formation of its International Advisory!Board (“IAB”).

As  The  Company  begins  to  establish  its  global  base  of  operations,  this influential  group  of  international business leaders will provide unique perspective to the Board of Directors and CEO. Each of these individuals  brings a  wealth  of  knowledge  in  their  areas  of  expertise  and  will  contribute  significantly  to  the  overall  advancement of the hemp industry and the success of our company. Members of the IAB will introduce hemp  to  their  influential  global  network of  business  leaders,  and  potential  new markets that  span  across  many  industries.

Mr. Clement Aboge, Africa Frontier Partners, advises on matters concerning the development of hemp as an  agricultural crop in Africa to improve the quality of life of millions of people in the most impoverished regions.

Dr.  Bruce  F.  Mackler has extensive  experience  working  with  the  U.S.  Food  &  Drug  Administration  and vast  knowledge  of  scientific  and  regulatory  requirements.  Dr.  Mackler will  advise  on  FDA  due  diligence  and  implementing FDA strategies. In addition, as an attorney, Dr. Mackler has done extensive legal work with the  FDA and DEA.

Dr. Paul T. Perrault will advise the Company on agricultural  research and  rural development. His experience  working with World institutions all across Africa will contribute significantly to The Company’s social venture  projects.

Ms. Jan Strode, Chairman and CEO of CEO ADVISORS, Inc. is a nationally recognized expert in the strategic use  of  communications.  Ms.  Strode  manages  image  strategies  for  Fortune  500  companies  and  high  profile  individuals.

Dato  Dr.  Kim  Tan,  SpringHill  Management  Ltd.  brings  global knowledge  and  expertise  in  the  area  of social  venture  capital  investments. Dr. Tan’s experience  in  biotech and working with both NGO’s and government  agencies will be invaluable to The Company.

Charles Larsen says “The appointment of these influential business leaders to our International Advisory Board  is  the  culmination of years  of planning  and  preparation  that  has  lead to  the  development  of  these  key relationships.    These  advisors  add  a broad  base  of  experience  and  knowledge  that  is  complimentary and  synergistic, and adds strength and depth to our international Advisory Board. The Company, its shareholders  and our customers will benefit greatly from their advice“.

 

On behalf of the board

 

Charles Larsen

CEO

 

For additional information please call 1-604-592-6881 or 1-877-469-HEMP (4367)

 

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

 

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

 


DR. REID JILEK AND MR. DONALD STEINBERG APPOINTED TO ARRIS HOLDINGS INC.’S WHOLLY OWNED U.S. SUBSIDIARY GLOBAL HEMP GROUP, INC.

Surrey, British Columbia, Canada / December 18, 2013 / CNSX: AAF / Frankfurt: ANI / Arris Holdings Inc. (“Arris” or the “Company”) is pleased to announce the appointment of Dr. Reid Jilek and Donald Steinberg to the board of directors of its U.S. subsidiary, Global Hemp Group, Inc.

This newly formed Arris subsidiary will focus on opportunities unfolding in the emerging hemp industry in the
United States. Arris management expects double-digit growth in this sector for the next 3 to 5 years. Arris and
Global Hemp Group are positioning to capitalize on this anticipated rapid growth and the business
opportunities that are developing.

“I look forward to working with the Global Hemp Group team, helping guide the Company as it moves ahead
with its ambitious plans into this emerging industry,” said Mr. Steinberg

In the 1980’s Mr. Steinberg developed stock option programs that led to management of floor traders on
multiple option exchanges and provided him with invaluable insight into the public markets and public
company management. Donald is a serial entrepreneur and has launched multiple successful companies in his
career. Notably, Mr. Steinberg was the founder of the first publically traded medical marijuana company on
the U.S. stock market, Medical Marijuana, Inc., which provides him with unique insight and industry
experience that will be invaluable in the execution of the Global Hemp Group, Inc. business plan. Mr. Steinberg
also has extensive sales and marketing experience and has launched and managed several successful direct
sales platforms and will apply that knowledge and expertise to the Global Hemp Group sales and marketing
efforts as well as oversee company wide operations.

Dr. Reid Jilek says, “I am very excited to be joining Global Hemp Group and to utilize my network of international contacts to tap the brain power and technologies that are required for the evolution of this new and exciting sustainable industry”

Dr. Jilek has advanced degrees in the medical, life science and engineering disciplines. He was both a Presidential Fellow and a White House Fellow Candidate. He has published over 40 papers in national and international peer–reviewed journals. After completing his National Library of Medicine Post-Doctoral developing computer and mathematical models for Malaria, he decided to utilize his medical and scientific background in a business development capacity by acting as a VP of Business Development for private and public companies and a research institute. He was a founding member of Frederick Research Center and of Asia Pacific Alliance Company. He has served on the Board of Directors, Scientific or Medical Advisory Boards, or Advisory Boards for more than 40 private and public companies since 1990, in the US, Canada, Mexico, Japan, Taiwan, China, Portugal, Moscow, Israel and Germany. He has also served as the CEO of four companies and is now a member of the Advisory Board for the Hemp Industrial Innovation Institute. Dr. Jilek’s extensive network of business, political, environmental and social leaders in the world provides Global Hemp Group with a unique source of knowledge and expertise that is invaluable to the company

On behalf of the board

Charles Larsen
CEO

For additional information please call 1-604-592-6881 or 1-877-469-HEMP (4367)

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

 


CHARLES LARSEN APPOINTED PRESIDENT AND CEO OF ARRIS

FOR IMMEDIATE RELEASE

Surrey, British Columbia, Canada / December 12, 2013 / CNSX: AAF / Frankfurt: ANI / ARRIS HOLDINGS INC. (“Arris” or the “Company”) is pleased to announce that Mr. Charles Larsen has joined its board of directors, replacing Mr. Jack Bal who has agreed to step down. Mr. Larsen will also be replacing Ms. Sandy Janda as President and Chief Executive Officer. Ms. Janda will remain on the board as an independent director.

Arris is launching a new subsidiary to focus on developing projects in the Hemp industry. Mr. Larsen will head this new subsidiary as well as Arris Holdings Inc. Mr. Larsen brings to Arris a great deal of experience and expertise in the Hemp industry. The appointment of Mr. Larsen to the board marks the beginning of a new era for Arris. The Company will immediately begin shifting its business model to focus on the emerging global hemp industry. This industry is poised for rapid growth in 2014 and beyond. The current global hemp market is currently estimated to be only $500-600 million with the potential however to grow tenfold in the next 3-5 years.

Arris will hold its Annual General Meeting on February 7, 2014 at which time shareholders will be requested to
vote on a proposed name change to Global Hemp Group, Inc. and on a 5 for 1 forward stock split.

“I am looking forward to working with the Arris team which will soon be expanded with the addition of several business, political, and scientific experts as the Company moves forward into this rapidly emerging industry. Hemp has broad applications across all sectors and industries and is one of the most underutilized commodities in the world. Global Hemp Group, Inc. will create vertical integration all along the supply chain, helping this global industry expand at a rapid pace, with strength and stability, while creating jobs, generating taxable revenue and improving the environment.”, said Mr. Larsen.

Mr. Larsen has more than 30 years of experience working in government, public, private and start-up companies as an executive manager. He has experience in high volume securities trading; corporate and public debt, equities, options and futures, as well as being an experienced portfolio manager, securities trader and C level executive. Mr. Larsen has been involved in the highest levels of strategic planning, mergers & acquisitions, financial and operational restructuring, public and private corporate finance, governance and compliance. He has proven track record of success at every level of business management. Mr. Larsen is Chairman of the Advisory Board for the Hemp Industrial Innovation Institute (www.Hemp-iii.org) and he is an advisor to the North American Industrial Hemp Council (www.NAIHC.org).

On behalf of the board

“Sandy Janda”
CEO

For additional information please call 1-604-592-6881 or 1-877-469-HEMP (4367).

This press release, required by applicable Canadian laws, is not for distribution to U.S. news services or for dissemination in the United States, and does not constitute an offer of the securities described herein. These securities have not been registered under the 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 U.S. persons unless registered or unless an exemption from such registration is applicable.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

 

 


ARRIS HOLDINGS INC. WELCOMES JACK BAL TO THE BOARD

SURREY/February 14, 2013/ CNSX:AAF/ Arris Holdings Inc. (“Arris” or the “Company”) announces that Mr. Jack Bal has joined the board of directors. He is a local businessman and an experienced board member. Mr. Bal has joined the board to fill a vacancy created by the resignation of Mr. Rana Vig. The Company thanks him for his service and wishes him well as he pursues other interests.

On behalf of Arris Holdings Inc.

“Lucky Janda”
President and
Chief Executive Officer

For additional information about Arris Holdings Inc. please call 604-592-6881

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Arris Holdings Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

 


ARRIS CONDUCTS NON-BROKERED FINANCING

Surrey, British Columbia, January 3, 2013/ARRIS HOLDINGS INC. (“Arris” or the “Company”) (CNSX:AAF/Frankfurt:O3X) announces that it will be conducting a non-brokered private placement of up to two million units at a price of $.075 per unit (the “Units”) to raise up to an aggregate total of $150,000.00 (the “Financing”). Each unit will consist of one common share in the equity of Arris and one share purchase warrant (the “Warrant”). Each Warrant entitles the holder to purchase one additional common share at a price of $.10 per share for a period of two (2) years.

The funds raised from the Financing will be used for working capital. It is not known at this time if there will be a finder’s fee payable in connection with this financing.

On behalf of the Board of Directors

“Lucky Janda”
CEO

Tel.: (604) 592-6881

 

This press release, required by applicable Canadian laws, is not for distribution to U.S. news services or for dissemination in the United States, and does not constitute an offer of the securities described herein. These securities have not been registered under the 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 U.S. persons unless registered or unless an exemption from such registration is applicable.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Ona Power Corp., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


ARRIS HOLDINGS ANNOUNCES RESULTS OF AGM AND PROVIDES UPDATE ON LOI

VANCOUVER, British Columbia, Canada /April 25, 2012/ CNSX:AAF/ Arris Holdings Inc. (“Arris” or the “Company”) is pleased to provide the results of its Annual General Meeting of shareholders, held on April 19, 2012 in Vancouver, BC (the “Meeting”). At the Meeting, shareholders voted in favour of motions to elect the Company’s nominees for director: Lucky Janda, Chand Jagpal, and Rana Vig. Shareholders appointed ACAL Group, Chartered Accountants as Arris’ auditor and approved the Company’s stock option plan. Immediately following the Meeting, the board re-appointed the following senior officers: Lucky Janda as CEO and President, and Jamie Lewin as CFO.

Arris also advises that it has cancelled the letter of intent (the “Letter of Intent”) to acquire AlgaeCan Biotech Inc., as announced in our news release dated February 22, 2012. The Company continues to pursue other investment opportunities and will continue to assess, explore and, if feasible, seek out further potential opportunities for the Company and its shareholders.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its
contents.

 

“Lucky Janda”
President & CEO

For additional information about Arris Holdings Inc. please call 604-685-2542

 

Except for historic information, the matters discussed in this document contain certain forward-looking statements. These statements involve known and unknown risks, delays, uncertainties and other factors not under the Corporation’s control that may cause actual results, levels of activity, performance or achievements to be materially different from the results, levels of activity, performance, achievements or expectations expressed or implied by these forward-looking statements.

 

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

 


ARRIS HOLDINGS ANNOUNCES LETTER OF INTENT TO ACQUIRE ALGAECAN BIOTECH INC.

VANCOUVER, British Columbia, Canada /February 22, 2012/ CNSX:AAF/ Arris Holdings Inc. (“Arris” or the
“Company”) is pleased to announce that it has executed a letter of intent (the “Letter of Intent”) to acquire
AlgaeCan Biotech Inc., a British Columbia company that has perfected a proprietary system to produce
Astaxanthin – the microalgae based antioxidant commonly found in salmon and krill oil.

“We are pleased to have the opportunity to acquire and invest into a green technology producing such a powerful antioxidant with such tremendous potential to increase shareholder value. Astaxanthin has been clinically proven to have numerous health benefits and its significance is justified by the recent increase in worldwide demand,” states Mr. Parminder Singh, Chairman of Arris Holdings Inc. “We commend the team at AlgaeCan for their devotion over the past three years under the mentorship of industry expert Dr. John Benemann in successfully developing a pilot plant producing such a beneficial nutriceutical.”

Under the terms of the Letter of Intent, the Company will issue 41,500,000 common shares to the shareholders of AlgaeCan Biotech Inc. for the acquisition on or before April 18, 2012. The Company will complete its due diligence process and enter into a Definitive Acquisition Agreement while seeking approval from appropriate regulatory bodies and shareholders.

The Company is actively pursuing other investment opportunities and will continue to assess, explore and, if
feasible, seek out further potential opportunities for the Company and its shareholders.

 

ABOUT ALGAECAN BIOTECH INC

AlgaeCan is a Canadian Biotech company focused on the production of health enhancing nutritional supplements from microalgae. AlgaeCan has developed systems, protocols, and proprietary know-how for the rapid growth and harvest of a youth enhancing natural compound from algae that produces the strongest antioxidant known to man, Astaxanthin. AlgaeCan will eventually develop its own brand of Astaxanthin related consumer products such as cosmetics and nutritional supplements. AlgaeCan also intends to expand its business into the production of other algae related nutriceuticals and health science products.

 

On Behalf of the Board:

Navchand Jagpal, Director
Arris Holdings Inc.

For additional information about Arris Holdings Inc. please call 604-685-2542

 

Except for historic information, the matters discussed in this document contain certain forward-looking statements. These statements involve known and unknown risks, delays, uncertainties and other factors not under the Corporation’s control that may cause actual results, levels of activity, performance or achievements to be materially different from the results, levels of activity, performance, achievements or expectations expressed or implied by these forward-looking statements.

 

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release


ARRIS HOLDINGS INC. APPOINTS MR. PARMINDER SINGH TO ITS BOARD OF DIRECTORS

VANCOUVER, British Columbia, Canada /February 16, 2012/ CNSX:AAF/ Arris Holdings Inc. (“Arris” or the “Company”) February 15, 2012, Vancouver, BC Arris Holdings Inc. (CNSX: AAF) (or the “Company”) announces the appointment of Mr. Parminder Singh to the Board of Directors. Mr. Singh brings over 25 years of professional experience in the building, operating, and managing of international businesses for private companies, government clients, and multi-national corporations. He is currently the President of Intellectual Ventures Canada. Prior to that, he was the Managing Director of the Microsoft Canada Development Centre. He also served as Director of Business Development for Xbox and the Home Entertainment Division in Japan. He sits on the Board of Directors of Junior Achievement of British Columbia and DigiBC, and serves as an advisor to Canada’s Centre for Wireless and Digital Health innovation. He has held executive positions at companies in Canada and the US including: Ensequence, Telesat Canada, Motorola, Teledesic, Microsoft, FreeInternet Networks, and 5th Link Software. Mr. Singh will devote time as required to properly manage the Company’s business affairs.

The Company also announces that it has accepted the resignation of Mr. Lucky Janda from the Board of Directors. The Company would like to take this opportunity to thank Mr. Janda for his service and guidance during his tenure as a director.

On Behalf of the Board:

Navchand Jagpal, Director
Arris Holdings Inc.

For additional information about Arris Holdings Inc. please call 604-685-2542

 

Except for historic information, the matters discussed in this document contain certain forward-looking statements. These statements involve known and unknown risks, delays, uncertainties and other factors not under the Corporation’s control that may cause actual results, levels of activity, performance or achievements to be materially different from the results, levels of activity, performance, achievements or expectations expressed or implied by these forward-looking statements.

 

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release


ARRIS HOLDINGS INC. COMPLETES PRIVATE PLACEMENT

Not for dissemination in the US or to US wire services

Surrey, British Columbia, Canada /January 10, 2012/ CNSX:AAF/ ARRIS HOLDINGS INC. (“Arris”or the “Company”) is pleased to announce that, further to our news release of January 4, 2013, the private placement of 2,000,000 units at a price of $0.75 per unit (the “Units”) is now closed and the Company has raised $150,00.00 CDN to be used for general working capital purposes. Each unit consists of one common share in the equity of the Company and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of $0.10 per share for a period of two years from the date of completion of the private placement. The shares will be subject to a statutory holding period.

No finder’s fees will be paid will paid in connection with this financing.

Further information regarding the Company can be found on SEDAR at www.SEDAR.com and by viewing the CNSX
website.

On behalf of the Board of Directors

“Lucky Janda”
CEO
Tel.: (604) 592-6881

 

This press release, required by applicable Canadian laws, is not for distribution to U.S. news services or for dissemination in the United States, and does not constitute an offer of the securities described herein. These securities have not been registered under the 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 U.S. persons unless registered or unless an exemption from such registration is applicable.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Ona Power Corp., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

 


ARRIS HOLDINGS INC. AND CIELO GOLD CORP. COMPLETE PLAN OF ARRANGEMENT AND ANNOUNCE THAT CIELO GOLD WILL TRADE ON CNSX AS OF AUGUST 3, 2011

VANCOUVER, British Columbia, Canada /August 2, 2011/ CNSX:AAF/ Arris Holdings Inc. (“Arris” or the “Company”) and Cielo Gold Corp. (“Cielo Gold”) are pleased to announce that they have completed the plan of arrangement (the “Arrangement”) as outlined in the Company’s management information circular dated March 11, 2011 (available on SEDAR).

 

Cielo Gold to Trade on CNSX

Cielo Gold has received final approval from the Canadian National Stock Exchange (the “Exchange” or “CNSX”) and will begin trading on the Exchange on Wednesday, August 3, 2011 under the symbol “CMC”.

 

About the Arrangement

As announced in Arris’ news release dated June 9, 2011, the Arrangement received shareholder approval at the annual and special meeting of Arris’ shareholders held on April 28, 2011 and the Supreme Court of British Columbia provided final approval for the Arrangement by order dated May 6, 2011. Cielo Gold received conditional listing approval from the Exchange on June 9, 2011 (the “Effective Date”) and, as of the Effective Date the Company and Cielo Gold completed the transfer of Arris’ equity portfolio (the “Equity Portfolio”) to Cielo Gold in exchange for Cielo Gold issuing 21,583,372 common shares (the “Cielo Gold Shares”) to the Company as consideration for the Equity Portfolio. Cielo Gold will use the Equity Portfolio to generate funds for its operations and to further Cielo Gold’s exploration plans for the Midge property (formerly referred to as the “Gold Hill Property”).

Under the terms of the Arrangement, Cielo Gold required listing approval from the Exchange as the final condition for completion of the Arrangement; the Exchange granted its final approval on July 18, 2011. Arris and Cielo Gold are proceeding with the distribution of the shares in Cielo Gold to the Arris shareholders of record as at May 2, 2011 (the “Share Distribution Record Date”). As of the Share Distribution Record Date, those shareholders of record will receive their pro-rata share of the Cielo Gold Shares whereby each Arris shareholder will hold one common share in the capital of Cielo Gold for each Arris share held as of the Share Distribution Record Date. The Cielo Gold Shares will be delivered to the Arris shareholders by first class mail or courier on or after July 28, 2011.

 

About Arris after the Arrangement

Following completion of the Arrangement, the Company’s common shares will continue to be listed on the Exchange; each Arris Shareholder will continue to be a shareholder of the Company; and Arris will hold the Maggie Gold property, acquired from Choice Gold Corp. in March 2011. Prior to the acquisition of the Maggie Gold property, Arris Holdings Inc and Choice Gold Corp. had a director in common; however, at the time of the acquisition the companies were not related. Arris intends to evaluate, and if deemed appropriate, pursue a work program on the Maggie Gold property, located near Squamish, BC, and to continue its pursuit of potential properties of merit. The Company’s management includes a strong mix of financial, technical, and entrepreneurial expertise capable of pursuing the exploration and development of its mining prospects.

Mr. Lucky Janda, president and CEO of Arris commented, “Our strong management team and its combined experience will allow us to evaluate additional resource prospects for acquisition that can add to and build upon Arris’ current base. The spin out of Cielo Gold and the acquisition of the Maggie Gold property takes us in a new direction — one that includes a more active, hands-on approach to the Canadian junior resource market — and one that we believe has the potential to build lasting shareholder value.” Arris will continue to trade on the CNSX under the symbol AAF.

 

About Cielo Gold after the Arrangement

Cielo Gold’s primary business after the arrangement will be the advancement of the Midge project; the Midge property is a 578 hectare property comprised of two claim blocks located in the Kamloops mining division of British Columbia (the “Midge Property”). An updated Technical Report under National Instrument 43-101 entitled “Summary Report on the Midge (formerly Gold Hill) Project” dated July 5, 2011 has been added to the SEDAR website under Cielo Gold’s profile. In addition to the Technical Report, shareholders will find Cielo Gold’s material documents available for review under Cielo Gold’s profile as of the date of this news release. Following the Arrangement Cielo Gold will pursue further investigation of its Midge Property; the ultimate target at the Property consists of both high-grade gold-silver veins and vein systems that have potential to host bulk-tonnage low-grade gold deposits. As noted above, the technical report, dated July 5, 2011, prepared under the terms of National Instrument 43-101, on the Midge Property is available on SEDAR under Cielo Gold’s profile. In addition, Cielo Gold’s team will to continue to seek out possible future acquisitions of projects of merit, aimed at building stakeholder value. Currently, the directors of Cielo Gold are Mr. Lucky Janda; Mr. Thomas Tough, P.Eng.; and Mr. Rana Vig. Mr. Larry Tsang, CA has been appointed as the Company’s CFO. This team has many years combined experience in the junior resource sector and public company stewardship. Mr. Janda advised that, “In keeping with our philosophy of forward-looking leadership, we intend to build on this board’s strengths by seeking out new board members to join this team, members who will continue the work started by the present board and who will advance Cielo Gold’s interest in the Midge Property and any other properties of merit that Cielo Gold may acquire.”

 

Qualified Person

Thomas R. Tough, P.Eng., a qualified person as that term is defined by National Instrument 43-101, has supervised the preparation of the scientific and technical information that forms the basis for this news release and has approved the disclosure herein. Mr. Tough is not independent of Cielo Gold, as he is a director.

This press release should be read together with, and is qualified in its entirety by, the more detailed information contained in the management information circular dated March 11, 2011, available on SEDAR under the Company’s profile and under Cielo Gold Corp.’s profile at www.sedar.com.

 

On behalf of the boards of directors of Arris Holdings Inc. and Cielo Gold Corp.

 

“Lucky Janda”
President and
Chief Executive Officer

For additional information about Arris Holdings Inc. please call 604-685-2542

 

Except for historic information, the matters discussed in this document contain certain forward-looking statements. These statements involve known and unknown risks, delays, uncertainties and other factors not under the Corporation’s control that may cause actual results, levels of activity, performance or achievements to be materially different from the results, levels of activity, performance, achievements or expectations expressed or implied by these forward-looking statements.

 

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

 

 

 


Contact

PHONE : 424.354.2998
EMAIL : info@globalhempgroup.com

Address

#106 – 1169 Mt. Seymour Road, North Vancouver BC V7H 2Y4

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