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POH.H

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Share Name Share Symbol Market Type
TSXV:POH.H TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Planet Organic Health Corp.: Corporate Update

11/04/2013 6:56pm

Marketwired Canada


Planet Organic Health Corp. (TSX VENTURE:POH.H), Mr. Ronald Francisco, President
and Chief Executive Officer of Planet Organic Health Corp. (the "Corporation"),
announces that pursuant to the Corporation's Annual General and Special Meeting
of Shareholders held on November 27, 2012, the shareholders approved, among
other things, up to a maximum of a one for ten (1:10) consolidation of the
Corporation's common shares. The Corporation has submitted all applicable
documents to the TSX Venture Exchange (the "TSXV") and the common shares will be
posted for trading on a consolidated basis once the TSXV approves the
consolidation, which is expected to occur shortly. In accordance with the share
consolidation, shareholders of the Corporation will be entitled to receive one
post-consolidation common share of the Corporation (new share) for every ten
pre-consolidation common shares of the Corporation (old shares) currently held.
The Corporation currently has 34,664,794 common shares issued and outstanding
and will have 3,466,479 post-consolidation common shares issued and outstanding.
The Corporation will not be changing its' name and the trading symbol will
remain "POH.H". 


Letters of transmittal to be used to exchange share certificates representing
old shares for share certificates representing new shares were mailed to
registered shareholders on March 28, 2013. 


Corporate Activity

The Corporation, which is listed on the NEX board of the TSXV, currently has no
operating assets or business. The Corporation will remain on the NEX until it
acquires new assets or businesses, which would result in the Corporation once
again meeting the TSXV's minimum listing requirements. 


READER ADVISORY

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL
ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES
HAVE NOT BEEN, AND WILL NOT 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 U.S. PERSONS UNLESS REGISTERED OR EXEMPT
THEREFROM.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Planet Organic Health Corp.
David Heighington
Director
(403) 237-0018
(403) 264-5444 (FAX)

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