Solanbridge Group Inc Announces LOI with Germain Paul and Associates and First Halifax Financial Corp

HOUSTON, May 12, 2014 /PRNewswire/ -- Solanbridge Group Inc (OTC: SLNX) is pleased to announce a Letter of Intent (LOI) between Mr. Beaver Paul of Germain Paul and Associates, a Quebec corporation, and Mr. Earle G. Hickey of First Halifax Financial Corporation, Inc., a Nova Scotia corporation. These corporations have joined with Solanbridge to develop medical marijuana opportunities throughout all of Canada, including Nova Scotia.  Charles R. Shirley, Managing Director of SLNX stated, "We are proud to have Mr. Beaver Paul join us. He has tremendous experience working with First Nations throughout Canada and that experience will lead to profitable joint ventures with several First Nations.  And we are also proud to have Mr. Earle Hickey join SLNX with his four decades of experience in business finance."

Mr. Paul is a member of the Tobique First Nation, New Brunswick.  For 20 years, he has worked within the federal public service, private sector, and First Nation governments. Mr. Paul is currently a Partner with Germain Paul and Associates (GPA) focused on assisting First Nation governments to establish and achieve their strategic objectives. Most recently he has worked with the Mi'gmawei Mawiomi Secretariat to develop the 150 MW Mesgi'g Ugjus's'n Wind Farm. Prior to establishing GPA he was the Regional Manager for the National Centre for First Nations Governance where he worked closely with First Nation governments. In the past he held the position of President and CEO of the Tobique Economic Development Corporation where he was responsible for the management of five band-owned companies operating in forestry, fishery, construction, trucking and retailing sectors. In addition, Mr. Paul held the position of Manager of Aboriginal Relations with Maritimes and Northeast Pipeline (M&NP), a company owned by a consortium of large multinational energy companies.  He was responsible for Aboriginal relations. Mr. Paul also worked for the Listuguj Mi'gmaq Government, as the Manager of Corporate Services successfully coordinating the launch of an economic development corporation for the Listuguj Mi'gmaq First Nation. He has completed a Masters in Public Management at the University of Quebec, Ecole nationale d'administration publique.

Mr. Hickey is President of First Halifax Financial Corporation, Inc. Mr. Hickey also participates in the construction industry as a contractor. Mr. Hickey owns and manages commercial real estate as well as other investment portfolios. His real estate holding company is 2219746 Nova Scotia Ltd., in which he serves as the President and Director, and has since 1993 to the present.  He has also served as President and Director of Maritime Iron Inc. since 1996 to the present.  Mr. Hickey has operated the commercial construction and renovations firm Blackberry Contracting Inc. since 2000 to the present.  Moreover, he has managed H&S Financial Holdings, a mortgage brokerage house, as President and director since to 2004 to the present.

The MOU that was originally signed on March 29, 2014, has been cancelled and replaced with the LOI mentioned above.

Shirley also stated that on May 7, 2014, the Company has cancelled and retired another 500 million common stock shares of SLNX. Shirley pointed out that the Company filed two disclosure and compliance documents with OTC Markets on May 9, 2014, verifying the most recent cancelation.

About Solanbridge Group Inc

Solanbridge Group Inc is based in Spring, Texas and is a diversified holding company looking to expand into the medical marijuana industry by developing commercial grower's licenses in all Canadian medical marijuana jurisdictions, with the partnership of First Nations and developing CBD-infused products in Colorado and Nevada through its subsidiary Tasty Greenz LLC. SLNX's other subsidiary, David's Steak and Seafood, Melbourne Beach, Florida, is a classic, upscale steak house, which presents polished dining in an atmosphere of timeless elegance, offering guests the finest cuts of choice USDA meats, and fresh seafood.

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company.

SOURCE Solanbridge Group Inc