Vancouver, British Columbia – November 18, 2019 – Harrys Manufacturing Inc. (CSE:HARY, OTCQB:WSRRF) (“Harrys” or the “Company”) announces that, subject to approval of the Canadian Securities Exchange, is amending the exercise price and term of an aggregate of 11,244,737 common share purchase warrants (the “Warrants”), issued in connection with the non-brokered private placements that closed on December 4, 2017, December 19, 2017 and January 12, 2018 (the “Offerings”). The exercise price of the Warrants is being re-priced to $0.39 from $0.50 and the term is being extended to January 12, 2021. Finder’s Warrants issued in connection with the Offerings are not eligible for amendment. All other terms of the Warrants shall remain the same.
Harrys is a distributor and manufacturer of affordable, high quality, organically grown tobacco cigarettes to international customers. Harrys utilizes various types of tobacco and blend components from Canadian growers to satisfy customer demands sand preferences for products that meet Health Canada standards. Harrys management team brings over 50 years of combined experience in the domestic and international tobacco industry.
For more information, please visit: www.harrysmfg.com
ON BEHALF OF THE BOARD
“Kevin Kohanik” Director and CEO
For further information, please contact:
Glenn Little, Corporate Communications
Telephone: 604-565-5100 Email:
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, including the Canadian Securities Exchange approval for the amendment to the terms of the Warrants are forward-looking statements and contain forward-looking information. Generally, forward looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including that the Company’s will be successful in amending the terms of the Warrants. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forwardlooking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the approval of the CSE. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.