Phivida Holdings Inc. Commences Trading As "CSE:VIDA"

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Phivida Holdings Inc. Commences Trading As "CSE:VIDA"

Canada NewsWire

 /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, Dec. 19, 2017 /CNW/ - Phivida Holdings Inc. ("Phivida") is pleased to announce that it has been officially approved for trading on the Canadian Securities Exchange. Phivida Holdings Inc. Common Shares are approved to commence trading today under the symbol "VIDA". For information on Phivida branded products please visit www.phivida.com. For copies of news releases and marketing materials please refer to SEDAR (www.sedar.com). Investor relations information is available at https://phivida.com/pages/corporate-overview or upon request at [email protected] or +1 (844) 744-6646 (ext. #2).

Phivida Holdings Inc. (CNW Group/Phivida Holdings Inc.)

Phivida Holdings Inc.

Phivida (pronounced "fiii-vee-daa") is publicly traded company on the Canadian Securities Exchange under the ticker symbol "VIDA". Phivida is a premiere brand of cannabidiol ("CBD") infused functional foods and beverages and clinical health products, poised for global distribution. Using nanoencapsulation technology, Phivida converts lipid based cannabinoids into water soluble delivery format enhancing prospective bioavailability and timed released within the body. Phivida's nanoencapsulated CBD is infused into CBD beverages which contain a proprietary blend of phytonutraceuticals targeting key health benefits for which cannabinoids are widely studied. Celebrating; Health and Wellness, In Harmony™, Phivida's mission is to be a leader in the alternative health sector and the quality standard in the global CBD infused foods, beverages and clinical products market.

Forward-Looking Statements

This press release contains "forward-looking information" within the meaning of Canadian securities laws, which may include, but are not limited to statements relating to the trading date of the Common Shares. Such forward-looking information reflects Phivida's views with respect to future events and is subject to risks, uncertainties and assumptions, including those set out in the Prospectus, the risk that closing of the Offering will be delayed and the risk that the Offering may not be completed. Phivida does not undertake to update forward-looking statements or forward-looking information, except as required by law.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The common shares have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

SOURCE Phivida Holdings Inc.

View original content with multimedia: http://www.newswire.ca/en/releases/archive/December2017/19/c7228.html

Copyright CNW Group 2017

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