Global Blockchain Announces 2-for-1 Stock Split
2018年2月23日 - 2:59AM
ADVFN Crypto NewsWire
VANCOUVER, British Columbia, Feb. 22, 2018 -- InvestorsHub
NewsWire -- Global Blockchain Technologies Corp. (the
“Company” or “GBT”) is pleased to
announce that its Board of Directors has approved a stock split
whereby each issued and outstanding common share will effectively
be split into two (2) common shares. On March 7, 2018 (the
“Mailing Date”), the distribution of the
additional common shares as a result of the split will take
place. One (1) additional common share will be issued for
every one (1) existing common share held by shareholders as at the
close of business on the record date of March 1, 2018 (the
“Record Date”). The Company’s common shares
are expected to begin trading on a split-adjusted basis on March 1,
2018 and on a post-split basis on March 5, 2018 (the
“Effective Date”). In accordance with the
Company’s Articles, shareholder approval was not required for the
stock split.
The Company will not be changing its name, Cusip or its current
trading symbol in connection with the stock split. The number
of authorized shares of common stock and the par value per share
will remain unchanged.
Management of the Company believes that the stock split will
make the stock more attractive to a larger portion of the investing
community.
On behalf of:
GLOBAL BLOCKCHAIN TECHNOLOGIES CORP.
“Theo van der Linde”
Theo van der Linde, director & CFO
Phone: 604-687-2038
Cautionary Note Regarding Forward-Looking
Information
This news release contains “forward-looking information” within
the meaning of applicable securities laws. Generally, any
statements that are not historical facts may contain
forward-looking information, and forward-looking information can be
identified by the use of forward-looking terminology such as
“plans”, “expects” or “does not expect”, “is expected”, “budget”,
“scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or
“does not anticipate”, or “believes”, or variations of such words
and phrases or indicates that certain actions, events or results
“may”, “could”, “would”, “might” or “will be” taken, “occur” or “be
achieved”. Forward-looking information includes, but is not limited
to the Company’s goal of streamlining the current arduous, lengthy
and complicated process that interested investors need to undergo
in order to gain exposure to the cryptocurrency space with a view
to becoming the first vertically integrated originator and manager
of top-tier blockchains and digital currencies. The Company has no
assets and its business plan is purely conceptual in nature and
there is no assurance that it will be implemented as set out
herein, or at all. Forward-looking information is based on certain
factors and assumptions the Company believes to be reasonable at
the time such statements are made, including but not limited to:
statements and expectations regarding the ability of the Company to
(i) successfully engage senior management with appropriate industry
experience and expertise, (ii) gain access to and acquire a basket
of cryptocurrency assets and pre-ICO and ICO financings on
favourable terms or at all, (iii) successfully create its own
tokens and ICO’s, and (iv) execute on future M&A opportunities
in the cryptocurrency space; receipt of required regulatory
approvals; the availability of necessary financing; permitting and
such other assumptions and factors as set out herein.
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information, including but not limited to: risks
related to changes in cryptocurrency prices; the estimation of
personnel and operating costs; general global markets and economic
conditions; risks associated with uninsurable risks; risks
associated with currency fluctuations; competition faced in
securing experienced personnel with appropriate industry experience
and expertise; risks associated with changes in the financial
auditing and corporate governance standards applicable to
cryptocurrencies and ICO’s; risks related to potential conflicts of
interest; the reliance on key personnel; financing, capitalization
and liquidity risks including the risk that the financing necessary
to fund continued development of the Company’s business plan may
not be available on satisfactory terms, or at all; the risk of
potential dilution through the issuance of additional common shares
of the Company; the risk of litigation. Although the Company has
attempted to identify important factors that could cause actual
results to differ materially from the forward-looking information
set out in this presentation, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such forward-looking information will prove to
be accurate, as actual results and future events could differ
materially from those anticipated in such information. Accordingly,
readers should not place undue reliance on forward-looking
information. Forward-looking statements are made based on
management's beliefs, estimates and opinions on the date that
statements are made and the Company undertakes no obligation to
update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required
by laws. Investors are cautioned against attributing undue
certainty to forward-looking statements.
Neither the CSE nor its Regulation Services Provider (as that
term is defined in the policies of the CSE) accepts responsibility
for the adequacy or accuracy of this release.
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