May 30 (Reuters) - Sol Global Investments Corp SOL.CD :
* SOL GLOBAL AND GOLDSTREAM MINERALS ANNOUNCE PROPOSED REVERSE TAKEOVER BY CANNCURE INVESTMENTS
* SOL GLOBAL INVESTMENTS- CO TO SPIN OUT ITS MULTI-STATE OPERATOR TO MAXIMIZE SHAREHOLDER VALUE AND ENABLE CANNCURE'S GROWTH WITH PURE PLAY USA STRATEGY
* PROPOSED TRANSACTION WILL NOT BE COMPLETED WHILE GOLDSTREAM IS LISTED ON NEX BOARD OF TSX VENTURE EXCHANGE
* SOL GLOBAL INVESTMENTS-ENTITY RESULTING FROM PROPOSED DEAL TO CONTINUE CARRY ON BUSINESS OF CANNCURE AS MULTI-STATE VERTICALLY INTEGRATED CANNABIS CO
* SOL GLOBAL INVESTMENTS -PROPOSED DEAL TO BE STRUCTURED AS AMALGAMATION, ARRANGEMENT, TAKEOVER BID, SHARE PURCHASE OR OTHER SIMILAR FORM ACCEPTABLE TO GOLDSTREAMM CANNCURE
* SOL GLOBAL- DEAL WILL BE STRUCTURED AS AMALGAMATION, ARRANGEMENT, TAKEOVER BID, SHARE PURCHASE OR OTHER SIMILAR FORM MUTUALLY ACCEPTABLE TO COS
* SOL GLOBAL- COMMON SHARES OF COMPANY WILL REMAIN HALTED UNTIL ALL NECESSARY FILINGS HAVE BEEN ACCEPTED BY APPLICABLE REGULATORY AUTHORITIES
* SOL GLOBAL - HOLDERS OF COMMON SHARES OF CANNCURE WILL RECEIVE SHARES OF RESULTING ISSUER IN EXCHANGE FOR CANNCURE SHARES ON 1:1 EXCHANGE RATIO