Buzz Announces Receipt of $250,000 Break Fee from Kaya
December 31 2018 - 9:00AM
Buzz Capital Inc. (“
Buzz”) (TSXV: BUZ.P) announced
today that it has received payment of a break fee in the amount of
CDN$250,000 from Kaya Inc. ("
Kaya") in connection
with the termination of the previously announced business
combination between Kaya and Buzz, such that each party is now free
to pursue alternative transactions.
With these additional funds available to it,
Buzz will continue to search for prospective opportunities to
complete its qualifying transaction and maximize value for
shareholders.
For Further Information, Please
Contact:
Buzz Capital Inc. Chuck Rifici, President and
CEO at 613-239-0531 ext. 1; or Tammie Brown, Director of Corporate
Services at 613-239-0531 ext. 3
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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