Chemesis International Inc. Comments on Recent Market Activity
Chemesis International Inc. Comments on Recent Market Activity
July 27, 2020
Vancouver, BC – Chemesis International Inc. (the “Company”) (CSE: CSI.U) (OTC: CADMF) (FRA: CWAA) wishes
to make the following statements regarding recent market activity concerning its common shares traded on
the OTCQB marketplace.
The Company became aware of certain promotional activity on its securities on July 22, 2020 when it received
correspondence from OTC Markets. The Company has no knowledge of any promotional activity other than its
understanding that there appears to have been promotional material describing the prospects of its business,
recent press releases and the investment opportunity related to its securities. Although the Company has no
way of directly correlating such promotions to their impact on its securities, the effect of this on the Company’s
securities may have resulted in an incremental increase in trading volume, in addition to recent press releases
by the Company regarding the clo se of equity financings for aggregate proceeds of $2,617,650, change in the
Company’s trading currency to USD and settlement of liabilities with equity.
The promotional material presents a general overview of the Company’s business and operations, includin g
citing recent press releases. It contains some speculative language and forward -looking statements about
investment potential, but the Company does not believe it contains any materially false or misleading
statements about the Company and its products. The Company engaged Promethean Marketing on July 10,
2020 for the purpose of marketing, and while the promotional material referenced above was not directly
procured or paid for by the Company, the Company was not at any time provided a copy of such materi als by
Promethean Marketing, and the Company had no editorial control over the content, the Company
acknowledges that it may have indirectly contributed to the creation and distribution of such material due to
its engagement of Promethean Marketing.
The Company routinely responds to inquiries from shareholders, potential investors, and investment analysts,
and generates its own marketing materials. However, to the Company’s knowledge, none of its officers,
directors, any controlling shareholders, or any thi rd- party service providers have, directly, or indirectly,
authorized or been involved in any way (including payment to a third party) with the creation or distribution
of promotional materials that make any false or misleading claims about the Company or its securities.
Since July 27, 2019, the Company has engaged the following third -party providers of investor relations, public
relations, marketing and other related services: Promethean Marketing LLC, CDMG Inc., Invictus Investor
Relations, Inc. and Stone Bridge Partners LLC.
Upon inquiry of management, directors, control persons and third -party service providers, during the past 90
days, no such persons purchased or sold securities of the Company. The Company has not issued any shares or
convertible ins truments that allow conversion to equity securities at prices constituting a discount to the
current market rate at the time of the issuance.
On Behalf of The Board of Directors
Josh Rosenberg
President
Investor Relations:
1 (604) 398-3378
Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable
securities laws. Although the Company believes that the expectations reflected in the forward-looking information are reasonable,
there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on
forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual
results, performance and developments to differ materially from those contemplated by these statements. Except as required by
law, the Company expressly disclaims any obligation and does not intend to update any forward -looking statements or forward-
looking information in this news release. Although the Company believes that the expectations reflected in the forward -looking
information are reasonable, there can be no assurance that such expectations will prove to be correct. The statements in this news
release are made as of the date of this release.
The CSE has not reviewed, approved or disapproved the content of this press release