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Quadron Capital Corporation (CSE: QCC) New Listing

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The company has entered into a letter of intent to acquire Cybernetics Control Systems. Cybernetics currently provides its automation and design services to over 30 customers across a broad range of industries, including Teck, SkyTrain, Pretivm Gold and the Department of Fisheries, amongst others.

Additional Information:

Company: Quadron Capital Corporation
Website: http://www.quadroncapital.ca
Stock Symbol: CSE: QCC
Date Published: Mar 2, 2017
Transcript: Available

Video Transcript:

I’m Isabelle Chatelain for Investmentpitch Media

Quadron Capital Corporation is the latest new listing on the Canadian Securities Exchange, and trades under the symbol “QCC”.

The company has entered into a letter of intent to acquire Cybernetics Control Systems. (www.cyberneticcontrols.com)

Cybernetics currently provides its automation and design services to over 30 customers across a broad range of industries, including Teck, SkyTrain, Pretivm Gold and the Department of Fisheries, amongst others.

Specific to the cannabis industry, Cybernetics has developed electronic/automated products and systems relating to LED lighting systems and nutrient mixing/sensing systems which are designed to increase efficiencies and reduce costs associated with these two main components of the cannabis growing lifecycle.

Rosy Mondin, President and CEO, stated: "With the acquisition of Cybernetics, Quadron immediately increases revenue and will be able to greatly reduce its R&D costs as we continue to design, manufacture, and supply innovative, safe, compliant and efficient cannabis extraction systems and products. Furthermore, Cybernetics meets Quadron's criteria of acquiring revenue generating businesses that also have an opportunity to grow their operations organically."

Quadron will issue 2,700,000 shares at a deemed price of $0.25 to the shareholders of Cybernetics.

Up to an additional 6,150,000 shares may be issued upon Cybernetics meeting certain revenue milestones.

Quadron operates through its two subsidiaries.

Soma Labs Scientific, provides research, services and production equipment to the biotech and bioceutical industries, including cannabis extraction and processing equipment that is being leased and/or sold to industry participants.

Greenmantle Products, which supplies ancillary cannabis products, such as customized dispensing devices such as vaporizer pens, and consumption type products such as branded encapsulation products to authorized cannabis industry participants,

The shares are trading at $0.31, and with 45.1 million shares outstanding, the company is capitalized at $14 million.

For more information about the company, please visit the company’s website www.quadroncapital.ca, contact Rosy Mondin, President and CEO, at 604-346-8118 or by email at rosy@quadroncapital.ca.

Investor relations is handled by Caleb Jeffries at KIN Communications, who can be reached at 866-684-6730 or by email at caleb@kincommunications.com.



I’m Isabelle Chatelain for Investmentpitch Media