June 19 (Reuters) - Asiabasemetals Inc ABZ.V :
* ASIABASEMETALS INC. ANNOUNCES SIGNING OF COOPERATION AGREEMENT WITH CITY WITHIN THE EUROPEAN UNION TO OBTAIN LEGAL CANNABIS SECTOR LICENSE
* ASIABASEMETALS - CO INTENDS TO INCORPORATE A WHOLLY-OWNED SUBSIDIARY TO ACQUIRE CITY-NEW-SUB-CO-LTD.
* ASIABASEMETALS- ONCE CITY-NEW-SUB-CO-LTD OBTAINS MEDICAL-CANNABIS-PERMIT CITY WILL TRANSFER SHARES OF CITY-NEW-SUB-CO-LTD TO ASIABASEMETALS INC
* ASIABASEMETALS - UNIT TO BUY CITY-NEW-SUB-CO TO FACILITATE POTENTIAL SPIN-OUT ON PLANNED 1 NEW SPIN-OUT CO SHARE FOR EACH EXISTING SHARE