Pele Mountain Resources Enters into Letter of Intent with Bhang Corporation Relating to a Proposed Reverse Take-Over

TORONTO, June 19, 2018 (GLOBE NEWSWIRE) — Pele Mountain Resources Inc. (TSXV:GEM) (“Pele” or the “Company”) today announced that it has entered into a non-binding letter of intent (the “LOI”) with Bhang Corporation (“Bhang”), a privately —