CBD MED Research Corp. Announces Partial Closing of a $300,000 Private Placement

February 04, 2015 10:39 AM EST | Source: Stock Trend Capital Inc.

Vancouver, British Columbia--(Newsfile Corp. - February 4, 2015) - CBD MED Research Corp. (TSXV: CBM.H) ("The Company") announced in the fall of 2014 a private placement of 5,000,000 units priced at 0.06 cents to raise up to $300,000 for general working capital with a one year warrant exercisable at $0.08 cents.

Today the Company completed a partial closing of $124,000 and issued 2,066,666 common shares and 2,066,666 common share purchase warrants exercisable for one year from the closing date, expiring at the close of business on February 3, 2016 at a price of $0.08 per share. The shares issued today and shares issued on exercise of the warrants are restricted from trading until June 5, 2015.

Finder's fees of $1,284.00 were paid.

On behalf of the Board of Directors,

CBD Med Research Corp.

"Gary F. Zak"
President, 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 business , changes in forecast prices, changes in the availability of funding for proposed business plans, unanticipated changes in key management personnel and general economic conditions. 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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