FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1. | Name and address of Company: |
Leading Brands, Inc. | |
33 West 8thAvenue – Unit 101 | |
Vancouver BC V5Y 1M8 | |
Item 2. | Date of Material Change: |
October 31, 2016 | |
Item 3. | News Release: |
A news release announcing the material change was issued on October 31, 2016 for Canadian and U.S. distribution through GlobeNewswire. | |
Item 4. | Summary of Material Change: |
The Company announced the sale of its Edmonton bottling plant land and building. | |
Item 5. | Full Description of Material Change: |
The Company has entered into a binding agreement to sell its Edmonton bottling plant land and building. The transaction is for all cash on closing and is scheduled to complete on February 1, 2017. | |
Item 6. | Reliance on subsection 7.1(2) of National Instrument 51-102: |
Not applicable | |
Item 7 | Omitted Information: |
Not applicable | |
Item 8 | Executive Officer: |
Ralph D. McRae, Chief Executive Officer | |
(604) 675-2779 | |
Item 9. | Date of Report: |
October 31, 2016 |