CBD Med Research Corp. Announces Private Placement Increase

February 24, 2015 2:13 PM EST | Source: Stock Trend Capital Inc.

Vancouver, British Columbia--(Newsfile Corp. - February 24, 2015) - Further to the CBD Med Research Corp. (TSXV: CBM.H) ("The Company") news release of February 4, 2015 regarding the completed partial closing of $124,000.00 of a previously announced private placement of 5,000,000 units priced at 0.06 cents to raise up to $300,000.00 for general working capital with a one year warrant exercisable at 0.08 cents with a one year term.

The Company is pleased to announce an increase size of the previously announced 5,000,000 units to 8,333,333 units to raise a total of $500,000.00.

The 8,333,333 units are priced at 0.06 cents to raise up to $500,000 for general working capital with a one-year warrant exercisable at $0.08 cents.

Finders Fees may be paid of 8% cash.

The private placement is subject to TSX approval.

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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