LGC Capital Ltd announces new addition to the executive team

Symbol: TSX-V: LG

MONTREAL, July 12, 2018 /CNW Telbec/ - LGC Capital Ltd. (TSXV: LG) ("LGC") The Company is pleased to report they have hired a Corporate Controller.

Ms. Kym No, CPA, CMA, was recently the CFO of a Toronto-based member investment firm that conducted business on behalf of their clients on a global basis.   With over 18 years of experience working in finance, accounting and taxation many of which were in the public sector at an international level, Ms. No brings additional depth and corporate governance to LGC's global investment portfolio of companies.

As Corporate Controller, Ms. No will be responsible for all the tasks normally associated with the position and work with LGC's Chief Executive and the Chief Financial Officers and be responsible for the preparation of related budgets, press releases, and other information destined for the investment community.

LGC Capital has also opened their new Toronto office within the downtown financial core, out of which the CEO and Corporate Controller will operate.  This office will also house the investee partners.

John McMullen, CEO of LGC stated, "I am very pleased to announce Ms. No has joined LGC's executive team.  Adding multiple levels of responsible corporate governance ensures that LGC Capital is even more equipped to achieve its corporate and investment goals within the global cannabis sector for our investors.  I and the rest of the LGC Executive team, along with our investee companies, look forward to working with Ms. No." 

About LGC (www.lgc-capital.com)

LGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSXV: LG).  LGC's objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services with an emphasis on significant investments in global medical cannabis sector.

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements with respect to LGC Capital Ltd. ("LGC") and Global Canna Labs (GCL), and their respective operations, strategy, investments, financial performance and condition. These statements generally can be identified by use of forward-looking words such as "may", "will", "expect", "estimate", "anticipate", "intends", "believe" or "continue" or the negative thereof or similar variations. The actual results and performance of LGC and GCL could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, government regulation and the factors described under "Risk Factors and Risk Management" in LGC's Management's Discussion and Analysis for the fiscal year ended September 30, 2017, as filed on SEDAR (www.sedar.com). The cautionary statements qualify all forward-looking statements attributable to LGC and persons acting on its behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release and neither LGC nor GCL has any obligation to update such statements, except to the extent required by applicable securities laws.

Caution Regarding Press Releases
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE LGC Capital Ltd

John McMullen, Chief Executive Officer, Tel.: [phone], Email: [email protected]; London contact: Anthony Samaha, Chief Financial Officer, Tel.: [phone]; Investor Relations: Dave Burwell, The Howard Group Inc., Tel.: [phone], Toll Free: 1-888-221-0915, Email: [email protected]