Alliance Growers Corp.

  • Date: 2016-01-26

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ALLIANCE GROWERS CORP. NEWS RELEASE CHANGE OF DIRECTORS AND CREATION OF ADVISORY BOARD January 26, 2016 – Vancouver, B.C. – Alliance Growers Corp. (CSE: ACG) (the “Company” or “Alliance”) is pleased to announce a change in the directors and the formation of an Advisory Board. Change of Directors Matthew Jackson has resigned as a director, effective January 12, 2016. The Company wishes to thank Mr. Jackson for his contribution to the Company and wish him well in the future. Effective January 12, 2016 Sina Pirooz has been appointed to the Board of Directors. Mr. Pirooz is a registered and practicing pharmacist and a professional member of the College of Pharmacists of British Columbia since 2002, with over ten years of pharmaceuticals and pharmacy management experience. As President of SP RX Services, an established pharmacy consulting company, Mr. Pirooz provides consulting, pharmacist and pharmacy management services to many of Canada's largest and established drug store chains, pharmacy chains and independent pharmacies and drug stores, including Shoppers Drug Mart, Rexall Drugs, Pharmasave and Guardian Pharmacies. He is also actively engaged in the sales, marketing and export of pharmaceuticals and OTC drugs and health supplements to the Middle East. As owner of a compounding pharmacy in Vancouver, Mr. Pirooz has been compounding and dispensing pharmaceuticals for over ten years. Mr. Pirooz will be assisting Alliance with certain product development with his expertise in compounding, sales, marketing and export of pharmaceuticals. Appointment of Advisory Board Ian Lambert, Strategic Advisor Mr. Lambert holds a Bachelor of Commerce degree in quantitative analysis and computer science from the University of Saskatchewan. His strengths are in corporate management, structuring and strategic planning, regulatory compliance with both the SEC and Canadian regulatory authorities, public financing arrangements and investor and institutional marketing activities. Mr. Lambert's broad exposure to a wide range of business activities includes oil & gas development, marketing, manufacturing, mobile technology, data processing operations and software development, as well as precious metals and mineral exploration and development. He is currently a director and / or officer and advisor to several Canadian public and private companies. As CEO and a director of Trade Winds Venture Inc., a TSX Venture Top 50 company developing a 4.65 million ounce gold project in Ontario for twenty one years, Mr. Lambert successfully completed the sale of Trade Winds Ventures to Detour Gold Corporation, valued at $84 million. In addition to serving as management of a variety of public companies, he has acted as Chair of several corporate committees, including Corporate Governance, Audit, and Compensation.

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Charles Rendina, Regulatory and Financial Advisor Mr. Rendina is an international business lawyer, licensed to practice law in Washington and British Columbia, with over 26 years of experience advising business clients in the USA and Canada on various cross border transactional matters. Mr. Rendina has provided advice and services negotiating mergers and acquisitions, negotiating and documenting significant loan transactions, intellectual property license agreements, private placements and other financings. He is currently the owner of Rendina Law Firm and a principal of Fourwall Solutions LLP, a real estate development partnership, a director of Fourwall Financial Inc. and managing partner in Opportunity Northwest LLC. Opportunity Northwest is managed by highly experienced professionals dedicated to facilitating business growth and economic development in Whatcom County working with and complementing the activities of State and Local Government agencies, private sector service providers, Chambers of Commerce and other associated business organizations. Opportunity Northwest provides services specific to the needs of their clients, typically early to mid-stage companies, often considering relocation or expansion into the USA from Canada or other out-of-State locations. Mr. Rendina’s experience in the financial services sector includes work as a licensed financial advisor for a large U.S. broker/dealer and more recently, a partner in Seedfundr.com. Seedfundr.com is one of the first business crowdfunding platforms in British Columbia that enables entrepreneurs starting new companies to raise capital from investors, customers, and friends. Robert Carveth, Biotechnology and Government Relations Advisor Mr. Carveth is a natural leader with effective networks developed in academic, business, government, and not-for-profit communities at the provincial, national and international level. As the Director, Industry Liaison, Office of the Dean of Science from 1996 to 2002, Mr. Carveth increased awareness within the business community and with venture capitalists, facilitating industry access to UBC-Faculty of Science research expertise, facilities and technologies. In the process, Mr. Carveth facilitated the formation of a number of spin-off companies. As Director, Science Communications, Office of the Dean of Science from 1993 – 2002, Mr. Carveth fostered relations with internal/external communities served by UBC including: other UBC faculties, departments, and administrative units; alumni, primary and secondary schools and post-secondary educational institutions, industry/business communities, government and the public sector. He developed the ongoing volunteer-based Faculty of Science Outreach Program Mr. Carveth gained international business experience as the Director of Mexican Affairs from 2005 through 2007 for client Pacific Seafood Group, the largest seafood company in the United States, and as Business Development Advisor to Power Air Canada Corporation, a BC technology company organized to commercialize zinc air fuel cells. Robert Carveth has been the President of Consilium Enterprises Inc. since 2002 connecting innovative technology, finance, and management, for clients in Canada, United States, and Mexico. Mr. Carveth will act as the Biotechnology and Government Relations Advisor to Alliance, bringing his expertise in provincial, national, and international government, structure, function, processes, regulatory, and relations matters as well experience in early stage technology companies, university research and development, intellectual property, commercialization and licensing.

3 The Board of Directors welcomes these three new Advisors and looks forward to working closely with them in order to enable the Company to flourish in a manner consistent with the best interests of the Company's shareholders simultaneously creating value for all stakeholders. About Alliance Growers Corp. The Company currently holds 50% of the issued and outstanding shares of BC Maramed Production Ltd. (“BCMM”). BCMM owns a leasehold interest and equipment for an 11,000 square foot production facility in Kelowna, British Columbia and is in the process of applying to become a Licensed Producer of medical marijuana under Health Canada’s new Marihuana for Medical Purposes Regulations (“MMPR”). Pursuant to amendment agreements with certain BCMM shareholders, the Company agreed to acquire an additional 12.5% interest in BCMM upon BCMM becoming a Licensed Producer.

On behalf of the board of directors of ALLIANCE GROWERS CORP. “Dennis Petke” Dennis Petke, CEO For more information, contact Dennis Petke Tel: 778-331-4266