Completion

Crucial Innovations Corp. (OTC: CINV), Announces Completion

Crucial Innovations Corp. (OTC: CINV), Announces Completion

Las Vegas, Nevada, Oct. 26, 2022 (GLOBE NEWSWIRE) — Crucial Innovations Corp (OTC: CINV), a Nevada Company today announced that has completed its previously announced reverse merger by acquiring certain Medical Cannabis Operations in Zimbabwe, Africa from shareholders including JPD Capital PCC a Guernsey Investment fund with multiple investments in the medical cannabis sector in Africa and the U.K.¬†¬†

JPD Capital had agreed with CINV, to reverse its operations in Zimbabwe Africa, into CINV, these are operated via its subsidiary Eco Equity (Pty) Ltd, and the transaction has been completed with Eco Equity Pty Limited now a wholly owned subsidiary of CINV.  

The reverse merger values Eco Equity for $210,000,000 USD and completed as full consideration paid in full as all stock acquisition of Eco Equity Zimbabwe (Pty) Limited with all its Medical Cannabis cultivation assets, this is at the same value placed on the business by Baker Tilly International 

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