NOT FOR DISSEMINATION IN
Each Unit is comprised of one common share of the Company and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of
The Company may pay finders' fees in connection with the private placement. Completion of the private placement is subject to certain conditions, including, but not limited to, the approval of the TSX-V.
Interlapse plans to use the funds towards further development of the Company's virtual currency and digital asset business.
This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "
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To learn more, visit www.interlapse.com.
Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements, including statements relating to the payment of finders' fees and planned use of proceeds from the private placement, that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse's strategic plan for the near and mid-term, including that regulatory approval of the private placement will be obtained in a timely manner, that all conditions precedent to completion of the private placement will be satisfied in a timely manner and that general economic and business conditions will not change in a materially adverse manner. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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