VANCOUVER, Aug. 15, 2018 /CNW/ - August 3, 2018 – Kulwant
Malhi (the "Acquiror") owns or controls an aggregate
of 23,630,500 common shares (the "Shares") of GrowMax
Resources Corp. (TSX-V:GRO, the "Issuer"), representing
approximately 11.05% of the Issuer's issued and outstanding Shares.
The Acquiror, through a series of transactions in the public market
acquired the Shares on the public market through the facilities of
the TSX Venture Exchange by way of direct ownership of a total of
22,130,500 Shares and by way of indirect ownership through BullRun
Capital Inc., a private company over which the Acquiror has control
and direction, of a total of 1,500,000 Shares.
At the date of this press release, the Acquiror holds a total of
23,630,500 Shares of the Issuer, representing a security holding
percentage of 11.05% of the 213,925,645 issued and outstanding
Shares in the share capital of the Issuer.
The Shares of the Issuer are listed on the TSX Venture Exchange
and trade under the trading symbol "GRO". The Shares were acquired
for investment purposes. Depending on market conditions, the
Acquiror may in the future increase or decrease their investment in
the Issuer.
An Early Warning Report respecting this acquisition has been
filed on the System for Electronic Document Analysis and Review
("SEDAR") under the Issuer's profile and can be viewed at
www.sedar.com.
(Signed) Kulwant Malhi
SOURCE BullRun Capital Inc.