Private placement Canadian stock exchange: SUN.CN

VANCOUVER, British Columbia, March 03, 2020 (GLOBE NEWSWIRE) – via NetworkWire Wildflower Brands Inc. (CSE: SUN) (the Company) announces that it will complete a private placement of units (units) at a price of CA $ 0.15 per unit for total gross proceeds of up to $ 530,000. Funding is fully subscribed and will end this week. Each unit will consist of one common share of the issuer and one share purchase warrant (Mandate). Each warrant will allow its holder to acquire one common share of the company at a price of $ 0.30 for a period of 12 months following the closing date of the private placement.

The proceeds of the financing will be used for working capital and to begin the design and allow the work for the two Ontario stores of the Company which it currently leases.

The securities issued will be subject to a four-month hold period. No research costs will be paid on the funds collected.

ABOUT WILD FLOWER BRANDS

Wildflower Brands is a Vancouver-based company that builds reputable brands and quality products that integrate the synergistic effects of plants and their extracts.

On behalf of the Board of Directors

William MacLean
___________________

William MacLean
Director and CEO

Warning and forward-looking statements

This new Release contains forwardlooking statements and forwardlooking information in the direction of in force securities laws. These statements report at future events or future performance. All other statements than statements of historical fact may to be forwardlooking statements or information. ForwardSearch statements and information are often, but not always, identified by the use of words such as "appear", "search", "to anticipate", "plan", "Continue", "estimate", "approximate", "wait", "may", "will", "project", "predict", "potential", "targeting", "intention", "could", "could", "should", "believe", "would" and the like expressions.

Forward-looking statements and information are provided for the purpose of providing information about the Company's current expectations and management plans for the future. Readers are cautioned that the use of such statements and information may not be appropriate for other purposes, such as making investment decisions. From the frontstatements and information regarding future events and conditions through their very nature they involve inherent risks and uncertainties. Real results could differ significantly from those currently planned due to a number of factors and risks. These include, but are not limited to, the risks associated with the marijuana industry in general, such as operational risks related to growth; competition; incorrect assessment of the value and potential benefits of various transactions; ability to access sufficient capital from internal and external sources; failure to obtain regulatory approvals and other required approvals and changes in legislation, including but not limited to, tax laws and government regulations. As a result, readers should not place undue reliance onforward-looking statements, timing and information contained in this press release. Readers are cautioned that the above list of factors is not full.

L & # 39; beforethe statements and information contained in this press release are made as of the date hereof and no commitment is made to publicly update or reviseforward-looking statements or information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws or the Canadian Stock Exchange. Forward-looking statements or information in this press release are expressly qualified by this warning.

the Canadian Securities Exchange Inc. at in no way success sure the merits of the offers transaction and neither approved nor disapproved the content of this press Release.

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