NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Shareholders Approve Proposed Forward Stock Split

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced that during its annual general and special meeting of shareholders on May 14, 2018, the proposed forward stock split of PreveCeutical’s issued and outstanding common shares on the basis of five new common shares for each one existing common share was approved by the company’s shareholders. Subject to approval by the Canadian Securities Exchange, the record date for the stock split will be May 24, 2018. On or about May 30, 2018, the company’s transfer agent will issue the additional number of common shares to shareholders of record as a result of the stock split. “We believe the stock split demonstrates the company’s continued commitment to broaden its shareholder base and we anticipate that the stock split will make PreveCeutical’s securities more accessible to investors and enhance liquidity for shareholders,” PreveCeutical CEO, president and chairman Stephen Van Deventer stated in the news release.

To view the full press release, visit http://nnw.fm/94qQ8

About PreveCeutical Medical Inc.

PreveCeutical is a health sciences company that develops innovative options for preventive and curative therapies utilizing organic and nature identical products. PreveCeutical aims to be a leader in preventive health sciences and currently has five research and development programs, including: dual gene therapy for curative and prevention therapies for diabetes and obesity; the Program; Nature Identical peptides for treatment of various ailments; non-addictive analgesic peptides as a replacement to the highly addictive analgesics such as morphine, fentanyl and oxycodone; and a therapeutic product for treating athletes who suffer from concussions (mild traumatic brain injury). PreveCeutical sells CELLB9®, an Immune System Booster. CELLB9® is an oral solution containing polarized and potentiated essential minerals extracted from a novel peptide obtained from Caribbean Blue Scorpion venom. This product is available on the company’s website. For more information about PreveCeutical, please visit www.PreveCeutical.com

More from NetworkNewsBreaks

NetworkNewsBreaks – Hammer Fiber Optics Holdings Corp. (HMMR) and 1stPoint Communications Announce Launch of Mobile Network Services Provider Program NetworkNewsBreaks – Emmis Communications Corp. (NASDAQ: EMMS) Posts Fiscal Q4, Full-Year Financial Results NetworkNewsBreaks – EVIO, Inc. (EVIO) Posts Fiscal Q2 2018 Financial Results

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Related News

Indonesia passes new terror law after attacks using children

May 28, 2018

JAKARTA, Indonesia — Indonesia's parliament unanimously approved a tougher anti-terrorism law on Friday, lengthening detention periods and involving the military in counter-terrorism operations, spurred into action by recent bombings that involved children as perpetrators. Rights groups had criticized some revisions as overly broad or vague and warned against rushing them into law. The scope for the military to become involved in counter-terrorism operations is contentious because it backtracks on two decades of keeping soldiers out of areas under civilian authority. President Joko "Jokowi" Widodo had threatened to impose the changes by special decree if parliament didn't rapidly approve them. Changes...

Indonesia's parliament approves tougher anti-terror laws

May 28, 2018

JAKARTA (Reuters) - Indonesia's parliament approved on Friday tougher anti-terrorism laws as it seeks to combat a surge in homegrown Islamist militancy, days after suicide bombings claimed by Islamic State killed more than 30 people in the city of Surabaya.Revising a 2003 law became a top priority for the world's biggest Muslim-majority in the wake of the Surabaya attacks, which were the deadliest since 2002 bombings on the tourist island of Bali.The revised law will allow police to preemptively detain suspects for longer and prosecute those who join or recruit for militant groups. (Reporting by Tabita Diela; Writing by Ed...

Indonesia ride app Go-Jek to add 4 Southeast Asian nations

May 28, 2018

JAKARTA, Indonesia — Indonesian ride-hailing app Go-Jek will expand into Thailand, Vietnam, Singapore and the Philippines in the next few months, it said Thursday, stepping up competition with rival Grab for Southeast Asian customers. Go-Jek, which currently only operates in Indonesia, said it will spend $500 million on the regional expansion. It's potentially good news for consumers in Southeast Asia after competition between ride-hailing apps lessened with Uber's agreement in March to sell its failing business in the region to Singapore-based Grab. Go-Jek, which got a cash injection from investors including Google and Tencent earlier this year, said its overseas...

Indonesian ride-hailing firm Go-Jek says to expand abroad

May 28, 2018

SINGAPORE (Reuters) - Indonesian ride-hailing and online payment firm Go-Jek on Thursday said it would enter Vietnam, Thailand, Singapore and the Philippines in the next few months, investing $500 million in its international push.The move will start with ride-hailing services before expanding to other sectors, Go-Jek said in a statement."People in Vietnam, Thailand, Singapore and the Philippines don't feel that they're getting enough (choice) when it comes to ride-hailing," CEO Nadiem Makarim said in the statement.The announcement comes after Uber Technologies Inc [UBER.UL] sold its Southeast Asian operations to local competitor Grab.Go-Jek said it was working with regulators and other...

Mobile payment firms struggle to dethrone cash in Southeast Asia

May 28, 2018

By Aradhana Aravindan and Khanh VuSINGAPORE/HANOI (Reuters) - Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash. She is among hundreds of millions of people whom firms such as Softbank Group-backed Grab and China's Tencent want to win over as they try to tap into Southeast Asia's burgeoning internet sector.More than 70 percent of the region's 600 million-plus people do not use banks - higher than the global average of about 30 percent - and e-commerce is projected to hit $88 billion by 2025.But...