Medcolcanna Organics Inc. announced the completion of its business combination with Medcolcanna (BVI) Inc. pursuant to which the Company and the Private Company have completed a reverse takeover of the Company by the current shareholders of the Private Company. Upon closing of the transaction, the board of directors and management of the Company were reconstituted as follows, in place of the previous officers and directors and officers of Integrated Energy Storage Corp. (IES): Felipe De La Vega, Chief Executive Officer and a Director; Chris Reid, Chief Financial Officer; Nicolas Rodriguez, Chief Operating Officer; Peter Yates, Corporate Secretary; Robert Metcalfe, Director (Chairman); Thor Borresen, Director; and Pablo Vieira, Director.