Harrys Announces it has Reached a Memorandum of Understanding with the We Wai Kai Nation for Further Business Development
Vancouver, British Columbia – TheNewswire - September 10, 2024 – Harrys Manufacturing Inc. (CSE: HARY) (the “Company”, “Harrys”, “we” or “our” or “us”), a national cigarette company in Canada, is very pleased to announce it has reached a Memorandum of Understanding (the “MOU”) with the We Wai Kai Nation of Vancouver Island and Mainland of British Columbia. The MOU features the negotiation of a land sublease and other business and relationship-building opportunities. The Company has provided the We Wai Kai Nation a deposit of $10,000 which shall be returned to the Company in the event a definitive lease agreement is not executed.
“We are pleased to enter into this Memorandum of Understanding with Harrys Manufacturing Inc. This partnership aligns with our economic development strategy and represents an important step forward in strengthening the employment opportunities for our Nation,” says We Wai Kai Nation Chief Ronnie Chickite. “As we continue to uphold our traditional laws and values, we look for sustainable ventures that contribute positively to our community. We believe this collaboration reflects our commitment to responsible development and long-term growth for future generations of the We Wai Kai people.”
“We feel that the agreement aligns with the We Wai Kai Nation mission to support the growth of business and employment for the members of the Nation while upholding the traditional laws and values held by the people,” says Colin Doylend, Chief Operating Office at Harrys. He continues, “We feel this aligns with Harrys vision to be recognized as the premier tobacco marketer in Canada and contributes to our efforts to develop sustainable and energy-efficient manufacturing and distribution facilities constructed in British Columbia.”
ON BEHALF OF THE BOARD
Nick Brusatore
CEO
For further information, please contact:
Corporate Communications
Telephone: 604-565-5100
Email: IR@HarrysMFG.com
Information in this news release concerning the Company’s products is intended for the exclusive use of market investors and is not in any way intended to promote tobacco products to consumers, which is prohibited by Canadian law.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.
Forward Looking Statements
This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.