Cluny Capital Completes Shares for Debt
2020年7月29日 - 3:16AM
Cluny Capital Corp. (the “
Company”) (TSXV:CLN.H),
a capital pool company pursuant to Policy 2.4 of the TSX Venture
Exchange (the “
TSXV”), announces the completion of
two shares for debt transactions. Pursuant to the transactions, the
Company issued an aggregate of 1,058,535 common shares at a
deemed price of $0.06 per share in satisfaction of $63,512.19 of
indebtedness currently owed to two arm’s length parties pursuant to
the previously announced unsecured convertible debentures for an
aggregate principal amount of $56,500. The Company determined to
satisfy the indebtedness with common shares in order to preserve
its cash for use on working capital and the identification and
evaluation of a Qualifying Transaction. All shares issued in
satisfaction of the indebtedness are subject to a four month hold
period from the date of issuance.
Including the issuance of shares detailed in
this news release, there are now currently 14,692,235 common shares
of the Company issued and outstanding.
Forward-Looking Statements
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, 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: 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; general economic, market and business conditions; and
risks related to COVID-19 including various recommendations,
orders and measures of governmental authorities to try to limit
the pandemic, including travel restrictions, border closures,
non-essential business closures, quarantines,
self-isolations, shelters-in-place and social distancing,
disruptions to markets, economic activity, financing, supply
chains and sales channels, and a deterioration of general
economic conditions including a possible national or global
recession; 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 Canada and available
at www.sedar.com. Should any factor affect the Company in an
unexpected manner, or should assumptions underlying the
forward-looking information prove incorrect, the actual results or
events may differ materially from the results or events predicted.
Any such forward-looking information is expressly qualified in its
entirety by this cautionary statement. Moreover, the Company does
not assume responsibility for the accuracy or completeness of such
forward-looking information. The forward-looking information
included in this news release is made as of the date of this news
release and the Company undertakes no obligation to publicly update
or revise any forward-looking information, other than as required
by applicable law.
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. James GreigDirectorCluny Capital
Corp(778) 788-2745james_greig@hotmail.com
Cluny Capital (TSXV:CLN.H)
過去 株価チャート
から 11 2024 まで 12 2024
Cluny Capital (TSXV:CLN.H)
過去 株価チャート
から 12 2023 まで 12 2024