COIN Hodl Announces Delisting From the TSX Venture Exchange in Connection With Tokens.com Inc. Transaction
April 14 2021 - 9:03PM
COIN Hodl Inc. (TSXV: COIN) (“
COIN” or the
“
Company”) announces that in connection with the
Company’s proposed reverse takeover transaction (the
“
Transaction”) with Tokens.com Inc., the shares of
COIN will be delisted from the TSX Venture Exchange (the
“
Exchange”) at the close of business on or after
April 23, 2021 (the “
Delisting”) subject to
receipt of all necessary approvals. The exact delisting date will
be confirmed in a subsequent press release.
Further Information
Completion of the Transaction is subject
to a number of conditions, and, if applicable, disinterested
shareholder approval. Where applicable, the Transaction cannot
close until the required shareholder approval is obtained. There
can be no assurance that the Transaction will be completed as
proposed or at all.
Investors are cautioned that, except as
disclosed in the management information circular or filing
statement to be prepared in connection with the Transaction, any
information released or received with respect to the Transaction
may not be accurate or complete and should not be relied upon.
Trading in the securities of COIN should be considered highly
speculative.
The Exchange has in no way passed upon
the merits of the proposed Transaction and has neither approved nor
disapproved the contents of this press release.
For further information, please contact:
COIN Hodl Inc.Ben CubittChief Executive
OfficerTelephone: (416) 479-5407Email: ir@coinhodlinc.com |
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.
CAUTIONARY NOTE REGARDING
FORWARD-LOOKING INFORMATION:
This news release contains “forward-looking
information” and “forward-looking statements” (collectively,
“forward-looking statements”) within the meaning of applicable
Canadian securities laws. All statements other than statements of
historical fact are forward-looking statements, and are based on
expectations, estimates and projections as at the date of this news
release. Any statement that involves discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often using phrases such
as “expects”, “anticipates”, “plans”, “budget”, “scheduled”,
“forecasts”, “estimates”, “believes” or “intends”, or variations of
such words and phrases, or stating that certain actions, events or
results “may” or “could”, “would”, “might” or “will” be taken to
occur or be achieved, are not statements of historical fact and may
be forward-looking statements. In this news release,
forward-looking statements relate, among other things, to the
timing of the proposed Delisting. Forward-looking statements are
necessarily based upon a number of estimates and assumptions that,
while considered reasonable, are subject to known and unknown
risks, uncertainties and other factors which may cause actual
results and future events to differ materially from those expressed
or implied by such forward-looking statements. Such factors
include: general business, economic, competitive, political and
social uncertainties; delay or failure to receive any necessary
board, shareholder or regulatory approvals; that factors may occur
which impede or prevent Tokens’ future business plans; and other
factors beyond the control of COIN and Tokens. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on the forward-looking statements and
information contained in this news release. The terms and
conditions of the Transaction may change based on the receipt of
tax, corporate and securities law advice for each of the parties.
Except as required by law, COIN and Tokens assume no obligation to
update the forward-looking statements, whether they change as a
result of new information, future events or otherwise, except as
required by law.
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