NEX COMPANIES
CBD MED RESEARCH CORP. ("CBM.H") BULLETIN TYPE: Shares for Debt, Remain Halted BULLETIN DATE: February 17, 2016 NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 851,023 shares at a deemed value of $0.06 per share to settle outstanding debt for $51,061.37.
Number of Creditors: 7 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares Barry Hemsworth Y $4,253.42 $0.06 70,890 Kenneth Phillippe Y $4,212.33 $0.06 70,205 Dr. K. Sethu Raman Y $11,443.29 $0.06 190,721 Gary F. Zak Y $6,639.73 $0.06 110,662
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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