(TheNewswire)
April 24, 2018 / TheNewswire / Calgary, Alberta - Cerus Energy Group (TSXV:CEA) (“Cerus” or the “Company”) is pleased to report that (Cerus subsidiary) Camarico Group’s wholly owned subsidiary Canadian Botanical Distributors Ltd. has launched GroSho, a full-service commercial marijuana facility development and supply entity. GroSho is being developed as a one-stop shop for large-scale growers, marijuana developments and operators engaged in developing, equipping and supplying the marijuana industry.
GroSho will also provide custom and comprehensive engineering, fabrication and technical services to customers from conception to prototype proofing, to installation. This service will include metal and aluminum fabrication, repair and alteration services overseen by the Company’s engineering and technical teams.
Cerus is very excited with the development of GroSho, that will not only support the organic growth plan of Camarico but will also develop and fill the much-needed engineering and operational services niche, required by the world’s nascent marijuana industry. GorSho will operate under the trade name of Canadian Botanical Distributors Ltd., within the portfolio of Camarico Group Ltd.
For more information on Cerus Energy Group and the
Camarico Group operations,
please visit www.cerusenergy.com and
www.camarico.ca.
About Cerus Energy Group Ltd.
Cerus is a Tier 2 Canadian-based oil and gas exploration company trading on the TSX Venture Exchange with property assets in both Alberta and Saskatchewan.
For further information, please contact:
Bruce Scafe, Secretary
1-877-737-8864 or bscafe@cerusenergy.com
Alternate Contact.
Mackenzie Loree, CEO
1-403-861-6779 or mloree@cerusenergy.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING INFORMATION
Certain information in this news release is forward-looking within the meaning of certain securities laws, and is subject to important risks, uncertainties and assumptions. This forward-looking information includes, among other things, information with respect to the Company’s beliefs, plans, expectations, anticipations, estimates and intentions. The words “may”, “could”, “should”, “would”, “suspect”, “outlook”, “believe”, “anticipate”, “estimate”, “expect”, “intend”, “plan”, “target” and similar words and expressions are used to identify forward-looking information. The forward-looking information in this news release describes the Company’s expectations as of the date of this news release. The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from a conclusion, forecast or projection in such forward-looking information include, among others, risks arising from general economic conditions and adverse industry events.
When relying on forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION ON AT ANY PARTICULAR TIME.
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