Agra Ventures Grants Restricted Share Units

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VANCOUVER, British Columbia, Oct. 07, 2022 (GLOBE NEWSWIRE) — Agra Ventures Ltd.
(“AGRA”
or
the
“Company”)
(CSE: AGRA)
(OTC:
AGFAF), a growth-oriented and diversified company focused on the international cannabis industry, announces that it has granted 8,885,187 restricted share units (the “RSUs“) to certain directors, officers, and a consultant of the Company.

The RSUs are granted pursuant to the terms of the RSU Plan approved by the shareholders of the Company and are subject to the policies of the Canadian Securities Exchange.

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About
Agra Ventures Ltd.

Agra Ventures is a growth-oriented and diversified company focused on the international cannabis industry. The company is dedicated to the cultivation, distribution and marketing of high-quality cannabis and cannabis-infused products worldwide. Agra Ventures’ primary asset in Canada is Boundary Bay Cannabis located in Delta, BC, which is one of the largest cannabis greenhouse facilities focused on the cost-optimized cultivation of high-potency cannabis. Abroad, the company’s wholly owned subsidiary, Farmako GmbH, is focused on becoming Europe’s leading distributor of medical cannabis. Farmako currently has active product distribution operations in Germany and is fully licensed in the United Kingdom.

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For more information about Agra Ventures, please visit www.agraventures.com and its profile page on SEDAR at www.sedar.com.

ON
BEHALF
OF
THE
BOARD
OF
DIRECTORS

Nick Kuzyk, Interim CEO
E: [email protected]
T: (800) 783-6056

The
CSE
and
Information
Service
Provider
have
not
reviewed
and
does
not
accept
responsibility
for
the
accuracy
or
adequacy
of
this
release.

Forward-looking
Information
Cautionary
Statement

Except
for
statements
of
historic
fact
this
news
release
contains
certain
“forward-looking
information” within the meaning of applicable securities law. Forward-looking information is
frequently
characterized
by
words
such
as
“plan”
“expect”
“project”
“intend”
“believe”
“anticipate” “estimate” and other similar words or statements that certain events or conditions
“may” or “will” occur. Forward-looking statements are based on the opinions and estimates at
the date the statements are made and are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from those anticipated in the
forward-looking statements including but not limited to delays or uncertainties with regulatory
approvals
including
that
of
the
CSE.
There
are
uncertainties
inherent
in
forward-looking
information including factors beyond the Company’s control. There are no assurances that the
business
plans
for
Agra Ventures described
in
this
news
release
will
come
into
effect
on
the terms or time frame described herein. The Company undertakes no obligation to update
forward-looking information if circumstances or management’s estimates or opinions should
change except as required by law. The reader is cautioned not to place undue reliance on
forward-looking statements. Additional information identifying risks and uncertainties that could
affect financial results is contained in the Company’s filings with Canadian securities regulators
which
are
available
at
www.sedar.com.