In connection with the LOI, BMBG advanced a loan to Hot Tomali in the aggregate amount of
About BMGB
BMGB is a capital pool company in accordance with Exchange Policy 2.4 and its principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.
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Cautionary Statements and Note Regarding Forward-Looking Information
Certain statements contained in this news release constitute 'forward looking information' as such term is defined in applicable Canadian securities legislation. The words 'may', 'would', 'could', 'should', potential', 'will', 'seek', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' and similar expressions as they relate to the Company, including the Company's goal of completing a Qualifying Transaction, are intended to identify forward looking information. All statements other than statements of historical fact may be forward looking information. Such statements reflect the Company's current views and intentions with respect to future events, and current information available to the Company, and are subject to certain risks, uncertainties and assumptions. Material factors or assumptions were applied in providing forward looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward looking information to vary from those described herein should one or more of these risks or uncertainties materialize. These factors include, without limitation: receipt of applicable director, shareholder and regulatory approval of a Qualifying Transaction; changes in law; the ability to implement business strategies and pursue business opportunities; state of the capital markets; the availability of funds and resources to pursue operations; as well as general economic, market and business conditions, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of
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