Seaway Energy Services. announced that it has entered into a binding and definitive agreement with Sweet Earth Holdings Corporation (Sweet Earth). Under the Agreement, Seaway and Sweet Earth, an established hemp cultivator with a growing product line, will amalgamate into a wholly-owned subsidiary of the Company (Amalco) that was created for the purpose of the Agreement and is a corporation existing under the laws of the Province of British Columbia. Post amalgamation the team will be led by a balance team of financial, operational, research and product development experts. The management team consists of Peter Espig as Interim Chief Executive Officer (Director), Mr. Espig also currently serves as the CEO of Nicola Mining Inc., which has seen its market capitalization increase ten-fold during his tenure. Travis Luther as Chief Agricultural Officer (Director), Mr. Luther has utilized his expertise on structural optimization to create the perfect greenhouse environment for the Sweat Earth hemp strain and for product maximization. Farinaz Wadia as Senior Managing Director, Ms. Wadia is a co-founder of Forcefield Greenhouses based in Ashland, Oregon. Chris Cooper as Chief Financial Officer (Director), Chris has held a Director position in several private and public companies over the past 20 years. Leon Ho as Independent Director, Mr. Ho is a chartered professional accountant working at Cross Davis & Company LLP, a CPA firm specialized in providing accounting services to publicly listed entities, primarily in the mining sector. The amalgamation of Seaway and Sweet Earth also requires a change of management and Board of Directors, as highlighted
by the new team above. As the Company changes its business from a mining-focused platform to vertically integrated hemp cultivation and hemp product business, it also announced the resignation of John McCoach.