CBD Med Research Corp. Announces New Terms of Financing

October 03, 2014 4:46 PM EDT | Source: Stock Trend Capital Inc.

Vancouver, British Columbia--(Newsfile Corp. - October 3, 2014) - CBD Med Research Corp. (TSXV: CBM.H) (the "Company) announces a unit private placement of up to $300,000. The Company will issue up to 6,000,000 units composed of one share and a four year share purchase warrant ("Warrant") at a deemed unit price of $0.06. The Warrant is convertible into one share at a price of $0.07 in year one, $0.08 in year two, $0.09 in year three and $0.10 in year four.

The shares and any shares issued upon exercise of the Warrants will be subject to a four-month hold period from the date of issue. The private placement is subject to the acceptance of the TSX-V.

Finder's fees may be paid. The proceeds shall be used for general corporate working capital purposes and to seek business opportunities.

Previous unit private placements announced in the summer of 2014, did not close.

On Behalf of the Board,
CBD Med Research Corp.

"Gary F. Zak"
President and CEO

Email: gzak1@shaw.ca
Tel: 604-802-7551

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.

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com.

*THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES*

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