RAMM Pharma Corp. Commences Trading on the Canadian Securities Exchange Under Ticker Symbol “RAMM” and Provides Corporate Update

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Subscription Receipt Financing
In connection with its public listing RAMM has recently completed a non-brokered private placement for aggregate gross proceeds of approximately C$35.3 million at a price of $1.35 per subscription receipt. Upon the completion of the listing transactions, the subscription receipts were converted on a one-for-one basis into a total of 26,165,109 RAMM Shares on October 28, 2019.” data-reactid=”24″>Subscription Receipt Financing
In connection with its public listing RAMM has recently completed a non-brokered private placement for aggregate gross proceeds of approximately C$35.3 million at a price of $1.35 per subscription receipt. Upon the completion of the listing transactions, the subscription receipts were converted on a one-for-one basis into a total of 26,165,109 RAMM Shares on October 28, 2019.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Directors, Officers &amp; Management” data-reactid=”25″>Directors, Officers & Management

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Jack Burnett (Chairman, Chief Executive Officer and Director)
Mr. Burnett is a successful entrepreneur with over 40 years’ experience in the capital markets and international corporate leadership roles. Mr. Burnett has led companies from inception to acquisition in multiple industries including real estate, insurance and telecom. His deep global business relationships span both private and public markets where he has been a director, officer and majority shareholder of successful multinational companies.” data-reactid=”26″>Jack Burnett (Chairman, Chief Executive Officer and Director)
Mr. Burnett is a successful entrepreneur with over 40 years’ experience in the capital markets and international corporate leadership roles. Mr. Burnett has led companies from inception to acquisition in multiple industries including real estate, insurance and telecom. His deep global business relationships span both private and public markets where he has been a director, officer and majority shareholder of successful multinational companies.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Guillermo Delmonte (Chief Operating Officer)
Mr. Delmonte is a Certified Public Accountant from the ORT University of Uruguay and holds a Financial Advisor certificate from the Institut d’Estudis Financers Barcelona, Spain. Mr. Delmonte has over five years of experience in management and business development of cannabis in the international markets. Prior to joining RAMM, Mr. Delmonte was the President of the International Division of Organigram Inc. (OGI.V), a major Canadian licensed producer of cannabis, where he successfully oversaw Organigram’s first international expansion. Prior to its acquisition by Aurora Cannabis Inc. (ACB), Mr. Delmonte served as Director and Chief Executive Officer at ICC Labs, the first South American cannabis company to go public. Mr. Delmonte has also held financial and business development leadership roles at companies including BBVA Bank, Technit Group, Credit Agricole Bank, United Nations Uruguay and Bank ITAU.” data-reactid=”27″>Guillermo Delmonte (Chief Operating Officer)
Mr. Delmonte is a Certified Public Accountant from the ORT University of Uruguay and holds a Financial Advisor certificate from the Institut d’Estudis Financers Barcelona, Spain. Mr. Delmonte has over five years of experience in management and business development of cannabis in the international markets. Prior to joining RAMM, Mr. Delmonte was the President of the International Division of Organigram Inc. (OGI.V), a major Canadian licensed producer of cannabis, where he successfully oversaw Organigram’s first international expansion. Prior to its acquisition by Aurora Cannabis Inc. (ACB), Mr. Delmonte served as Director and Chief Executive Officer at ICC Labs, the first South American cannabis company to go public. Mr. Delmonte has also held financial and business development leadership roles at companies including BBVA Bank, Technit Group, Credit Agricole Bank, United Nations Uruguay and Bank ITAU.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Matias Piñeiro (Chief Financial Officer)
Mr. Piñeiro is a public accountant and experienced finance professional with a demonstrated history of directing comprehensive finance and accounting operations and providing leadership. Skilled in technology, financial reporting, budgeting and financial statements auditing, with a focus on driving operational performance, profitability, controls and continuous improvement. From 2017 to 2019, Mr. Piñeiro served as the accounting and reporting line manager for Syngenta AG, a global company that produces agrochemicals and seeds and is based in Basel, Switzerland, from 2016 to 2017 served as corporate financial controller for a subsidiary of UG International Holdings operating in the agriculture, renewable energy, real estate and cannabis markets in South America. From 2012 to 2016, Mr. Piñeiro was an audit manager with KPMG, and is currently an assistant professor of FS Audit and Professional Reports of Public Accountants at the Faculty of Economics Sciences and Administration at Universidad de la República Oriental del Uruguay (UDELAR).” data-reactid=”28″>Matias Piñeiro (Chief Financial Officer)
Mr. Piñeiro is a public accountant and experienced finance professional with a demonstrated history of directing comprehensive finance and accounting operations and providing leadership. Skilled in technology, financial reporting, budgeting and financial statements auditing, with a focus on driving operational performance, profitability, controls and continuous improvement. From 2017 to 2019, Mr. Piñeiro served as the accounting and reporting line manager for Syngenta AG, a global company that produces agrochemicals and seeds and is based in Basel, Switzerland, from 2016 to 2017 served as corporate financial controller for a subsidiary of UG International Holdings operating in the agriculture, renewable energy, real estate and cannabis markets in South America. From 2012 to 2016, Mr. Piñeiro was an audit manager with KPMG, and is currently an assistant professor of FS Audit and Professional Reports of Public Accountants at the Faculty of Economics Sciences and Administration at Universidad de la República Oriental del Uruguay (UDELAR).

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Dr. Armando Blankleider (Director)
Dr. Blankleider is a Medical Doctor and the founder and President of Medic Plast. Dr. Blankleider has directly led Medic Plast’s initiatives for the design and introduction of new products, as well as in the design and monitoring of teams for the development of production processes and the general management of Medic Plast. Dr. Blankleider also has a depth of experience in Quality Management ISO Standards, has acted as a delegate to develop the Rules of Good Manufacturing Practices for medical products for the private sector within the MERCOSUR and is an active participant in international conferences for the medical and pharmaceutical products industry globally.” data-reactid=”29″>Dr. Armando Blankleider (Director)
Dr. Blankleider is a Medical Doctor and the founder and President of Medic Plast. Dr. Blankleider has directly led Medic Plast’s initiatives for the design and introduction of new products, as well as in the design and monitoring of teams for the development of production processes and the general management of Medic Plast. Dr. Blankleider also has a depth of experience in Quality Management ISO Standards, has acted as a delegate to develop the Rules of Good Manufacturing Practices for medical products for the private sector within the MERCOSUR and is an active participant in international conferences for the medical and pharmaceutical products industry globally.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Dr. Leticia Cuñetti (Chief Medical Officer)
Dr. Cuñetti is a Medical Doctor, nephrologist and pharmacologist. She holds a Masters degree in Donation and transplantation of organs and tissues from the Universidad de Barcelona, Spain, and is a fellow of the International Society of Nephrology. She served as nephrology assistant from 2006 to 2012 and as Associate professor of Pharmacology in the Medical School of the Universidad de la Republica, Uruguay, from 2000 to 2017. Currently Dr. Cuñetti is the Vice-President of the Uruguayan Endocannabinoid Society (SUEN).” data-reactid=”30″>Dr. Leticia Cuñetti (Chief Medical Officer)
Dr. Cuñetti is a Medical Doctor, nephrologist and pharmacologist. She holds a Masters degree in Donation and transplantation of organs and tissues from the Universidad de Barcelona, Spain, and is a fellow of the International Society of Nephrology. She served as nephrology assistant from 2006 to 2012 and as Associate professor of Pharmacology in the Medical School of the Universidad de la Republica, Uruguay, from 2000 to 2017. Currently Dr. Cuñetti is the Vice-President of the Uruguayan Endocannabinoid Society (SUEN).

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Edelma Ros (Chief Technical Director)
Ms. Ros is a Pharmaceutical Chemist specializing in Pharmaceutical Care at the Universidad de la Republica, Uruguay. Ms. Ros is a proven specialist in the pharmaceutical and cosmetic formulation industry, leading Medic Plast’s technical direction for more than 15 years and has created more than a hundred registered pharmaceutical products.” data-reactid=”31″>Edelma Ros (Chief Technical Director)
Ms. Ros is a Pharmaceutical Chemist specializing in Pharmaceutical Care at the Universidad de la Republica, Uruguay. Ms. Ros is a proven specialist in the pharmaceutical and cosmetic formulation industry, leading Medic Plast’s technical direction for more than 15 years and has created more than a hundred registered pharmaceutical products.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Daniel Augereau (Director)
Mr. Augereau is a seasoned executive who has held senior leadership and board-level positions at companies spanning a diverse mix of industries over a 50+ year career. Since 2005, Mr. Augereau has served as the Chairman and Chief Executive Officer of Synergie SA (SDG.NX), the French leader of temporary work and human resources management services for the industry, tertiary, logistics, medical, building and public works sectors.” data-reactid=”32″>Daniel Augereau (Director)
Mr. Augereau is a seasoned executive who has held senior leadership and board-level positions at companies spanning a diverse mix of industries over a 50+ year career. Since 2005, Mr. Augereau has served as the Chairman and Chief Executive Officer of Synergie SA (SDG.NX), the French leader of temporary work and human resources management services for the industry, tertiary, logistics, medical, building and public works sectors.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Eric Klein (Director)
Mr. Klein focuses on complex mergers, acquisitions, divestitures, financings as well as joint ventures and business valuations of mid-sized Canadian corporations. With more than 30 years of experience, he focuses on providing results-driven corporate finance services for mid-market Canadian companies. Recently, Mr. Klein was a senior executive with Dundee Corporation. Prior to that Mr. Klein was the founder and Managing Director of the Corporate Finance, Valuations &amp; Transaction practice of Farber Financial Group, a consulting company. Mr. Klein is a graduate of McGill University with a B.Comm and a graduate Diploma in Public accounting, and holds designations as a Chartered Public Accountant and Chartered Business Valuator.” data-reactid=”33″>Eric Klein (Director)
Mr. Klein focuses on complex mergers, acquisitions, divestitures, financings as well as joint ventures and business valuations of mid-sized Canadian corporations. With more than 30 years of experience, he focuses on providing results-driven corporate finance services for mid-market Canadian companies. Recently, Mr. Klein was a senior executive with Dundee Corporation. Prior to that Mr. Klein was the founder and Managing Director of the Corporate Finance, Valuations & Transaction practice of Farber Financial Group, a consulting company. Mr. Klein is a graduate of McGill University with a B.Comm and a graduate Diploma in Public accounting, and holds designations as a Chartered Public Accountant and Chartered Business Valuator.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Matthew Bajurny (Director)
Mr. Bajurny is a CPA with a Bachelor of Commerce in Accounting from the University of Guelph and brings to the board strong financial literacy skills further developed through over his years of professional experience in financial statement audit at public accounting firms PwC LLP and Crowe Mackay LLP and as the CFO of a publicly listed Canadian corporation and other directorship positions.” data-reactid=”34″>Matthew Bajurny (Director)
Mr. Bajurny is a CPA with a Bachelor of Commerce in Accounting from the University of Guelph and brings to the board strong financial literacy skills further developed through over his years of professional experience in financial statement audit at public accounting firms PwC LLP and Crowe Mackay LLP and as the CFO of a publicly listed Canadian corporation and other directorship positions.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="About RAMM Pharma Corp.
Lead by renowned cannabis industry experts and backed by successful pioneers in the cannabis sector, RAMM is a leader in the field of cannabinoid pharmacology and product formulation for cannabis-based pharmaceuticals and other cannabis-based products. Founded in 1988 in Montevideo, Uruguay, the Company is a well established pharmaceutical and medical product business that has developed medically registered and approved plant-derived cannabinoid pharmaceutical products. The Company currently has multiple approved and registered products that have been authorized for sale in Uruguay and compassionate use in several Latin American countries, as well as a pipeline of new products in various stages of approval and development produced in the Company’s state of the art Good Manufacturing Practice (GMP) certified cannabis formulation facility. With its large-scale cultivation facility, the combined operations are expected to provide for complete vertical integration. Further to its industry leading activities in the cannabis sector, the Company operates a successful pharmaceutical, cosmetic and nutraceutical product development and medical services business which has been servicing the local market for 30 years.” data-reactid=”35″>About RAMM Pharma Corp.
Lead by renowned cannabis industry experts and backed by successful pioneers in the cannabis sector, RAMM is a leader in the field of cannabinoid pharmacology and product formulation for cannabis-based pharmaceuticals and other cannabis-based products. Founded in 1988 in Montevideo, Uruguay, the Company is a well established pharmaceutical and medical product business that has developed medically registered and approved plant-derived cannabinoid pharmaceutical products. The Company currently has multiple approved and registered products that have been authorized for sale in Uruguay and compassionate use in several Latin American countries, as well as a pipeline of new products in various stages of approval and development produced in the Company’s state of the art Good Manufacturing Practice (GMP) certified cannabis formulation facility. With its large-scale cultivation facility, the combined operations are expected to provide for complete vertical integration. Further to its industry leading activities in the cannabis sector, the Company operates a successful pharmaceutical, cosmetic and nutraceutical product development and medical services business which has been servicing the local market for 30 years.

RAMM Pharma Corp. includes wholly owned subsidiaries Medic Plast SA, Yurelan SA and Ramm Pharma Holdings Corp.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Additional information about the Company is available at www.rammpharma.com.” data-reactid=”37″>Additional information about the Company is available at www.rammpharma.com.

For further information, please contact:

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Guillermo Delmonte
Chief Operating Officer
(484)-474-0932
[email protected]” data-reactid=”39″>Guillermo Delmonte
Chief Operating Officer
(484)-474-0932
[email protected]

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Cautionary Note Regarding Forward-Looking Information” data-reactid=”40″>Cautionary Note Regarding Forward-Looking Information

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward looking statements relate, among other things, the Company’s strategies and objectives, and future expansion plans. ” data-reactid=”41″>This news release contains “forward-looking information“ and “forward-looking statements“ (collectively, “forward looking statements“) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward looking statements relate, among other things, the Company’s strategies and objectives, and future expansion plans.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the commencement of trading of the common shares of RAMM on the Canadian Securities Exchange; fluctuations in general macroeconomic conditions; fluctuations in securities markets; expectations regarding the size of the Uruguayan, Latin American, and international medical and recreational cannabis markets and changing consumer habits; the ability of the Company to successfully achieve its business objectives; plans for expansion; political and social uncertainties; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on cultivation, production, distribution and sale of cannabis and cannabis related products in Uruguay or internationally; and employee relations. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law. ” data-reactid=”42″>These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the commencement of trading of the common shares of RAMM on the Canadian Securities Exchange; fluctuations in general macroeconomic conditions; fluctuations in securities markets; expectations regarding the size of the Uruguayan, Latin American, and international medical and recreational cannabis markets and changing consumer habits; the ability of the Company to successfully achieve its business objectives; plans for expansion; political and social uncertainties; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on cultivation, production, distribution and sale of cannabis and cannabis related products in Uruguay or internationally; and employee relations. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.” data-reactid=”43″>No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.