(via TheNewswire)
In conjunction with this private placement, the Company intends, by resolution of the directors, to consolidate the issued and outstanding shares of the Company on a one-new-share-for-3-old-shares basis and change its name to
The common shares issuedpursuant to the private placementto subscribers resident in
For more information on Block One please visit the Company's website at: www.blockonecap.com.
ON BEHALF OF THE BOARD
"David Berg"
Interim Chief Executive Officer and Director
Email: info@blockonecap.com
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.
This news release contains forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the economic environment in which it operates. Although Block One believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.Factors that could cause actual results to differ materially from those in forward-looking statements include costs affecting profitability, availability of capital and financing on acceptable terms, general economic, market or business conditions, including the general risks associated with regulatory changes, availability of personnel, on a timelybasis, accidents, and uninsured risks,. These forward-looking statementsspeak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.
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Copyright (c) 2020 TheNewswire - All rights reserved., source