PDC Biological Health Group Corporation
CNSX : PHG

June 11, 2015 14:00 ET

PDC Biological Health Group Corporation: Notice of Civil Claim

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 11, 2015) - PDC Biological Health Group Corporation (CSE:PHG) ("PDC" or the "Company") (PLAINTIFF) announces that it has file a Notice of Civil Claim in the supreme court of British Columbia against:

  1. The Defendant, Sanum Beteiligungsgesellschaft mbH ("Sanum") is a corporation incorporated pursuant to the laws of Germany.
  2. The Defendant, Sanum-Kehlbeck GmbH & Co. KG ("Sanum-Kehlbeck") is a corporation incorporated pursuant to the laws of Germany.
  3. Sanum and Sanum-Kehlbeck are related or affiliated corporations, although the full nature of their relationship is not known to the Plaintiff.
  4. At all material times, Sanum and Sanum-Kehlbeck produced and marketed homeopathic or related health products ("Sanum products").
  5. At all material times, the Defendant, Reiner Kehlbeck, owned a controlling interest or was the operating mind of Sanum and Sanum-Kehlbeck.
  6. At all material times, the Defendant, Marion Lembke, was employed by Sanum or Sanum-Kehlbeck.

RELIEF SOUGHT BY THE PLAINTIFF

  1. The Plaintiff claims the sum amount of $6,500,000.00, being the total amount of net profit it reasonably expected to earn under the Distribution Agreement.
  2. The Plaintiff claims general and special damages for its losses incurred as a result of its reliance on the agreements made with the Defendants, Sanum and Sanum-Kehlbeck.
  3. The Plaintiff claims general and special damages for its losses incurred as a result of its reliance on the fraudulent or negligent misrepresentations of the Defendants, Mr. Kehlbeck and Ms. Lembke.
  4. The Plaintiff claims interest pursuant to the Court Order Interest Act, R.S.B.C. 1996, c.79 from the date of this claim until the date of judgment.
  5. The Plaintiff claims costs.

Neither the Canadian Securities Exchange (CSE) nor its Regulation Services Providers (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business of the Company and the potential outcome of the Petition. These statements are subject to a number of risks and uncertainties, in particular there is no guarantee that the Petition will be resolved to the satisfaction of the Company. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf except as required by law.

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