Matica Enterprises Facilitates Dealer Floor Plan Financing for New Electric Boat Subsidiary - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - October 9, 2015) - Matica Enterprises (CSE: MMJ) (FSE: 39N) (OTC Pink: MQPXF) recently signed a letter of intent to acquire 51% of Montreal-based Riopel Marine Inc., which operates as Canadian Electric Boat Company, a manufacturer of high-end electric powered pleasure boats.

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The company designs and builds a number of different models of electric powered boats, ranging from small launches than run at 10 kilometres an hour, to speedboats, running at up to 65 kilometres per hour, powered by lithium-ion batteries. For more information on the electric powered boats, visit www.electricboats.ca.

Matica has now arranged for Meadowbank Asset Management to provide dealer floor plan financing, which will allow various boat dealers and marinas to carry a sufficiently large amount of inventory. Matica will also be providing marketing and financing support to the company as it continues to develop sales worldwide, especially in the important California and Florida markets.

Matica is involved in several other business sectors including the Grumpy Lizard graphite project in Nevada, and Buckingham graphite project in western Quebec, a well-known historic graphite producing area.

Boris Ziger, CEO, stated: "As part of our commitment to developing sources of large flake graphite, as used in lithium-ion battery packs for electric vehicles among other uses, we are pleased to become associated with a growing end user. This is a company that merges traditional design and quality with modern power alternatives. CEBC is on the forefront of the electric vehicle industry and Matica hopes to foster their research and development of electric power options."

The company also holds a 50% interest in THC Dispensaries Canada, a Nova Scotia applicant under the Canadian Marijuana for Medical Purposes Regulations.

The shares are trading at $0.04 and with 85 million shares outstanding, the company is capitalized at $3.4 million.

For more information on the company, please visit their website www.maticaenterprises.com or contact Boris Ziger, CEO, at 416-304-9935 or email info@maticaenterprises.com.

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