Coloured Ties has also entered into a Capital Markets Consulting Agreement with CULT, whereby Coloured Ties will provide services of Capital Market Advisor throughout the term of this Agreement (defined herein) in order to fulfil its obligations hereunder.
In consideration of the Services, CULT will issue the Coloured Ties 2,500,000 options at a deemed price of
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CULT is the first publicly-traded company of its kind in
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Almost every industry is going through major changes, and Pet brands are no exception. The pet food industry continues to grow, with worldwide sales in 2022 at
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Email: kal@colouredtiescapital.com
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.
The forward-looking statements contained in this news release present the expectations of the Company as of the date hereof and, accordingly, is subject to change after such date. Readers are cautioned not to place undue reliance on forward-looking statements.
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