North America Frac Sand : NAFS Acquires 100% Stake Equity in Eterna Primavera Ventures S.A.S.

NAFS Acquires 100% Stake Equity in Eterna Primavera Ventures S.A.S.Press Release | 08/23/2022

North America Frac Sand, Inc. (OTC: NAFS) announces the acquisition of (EPV) Eterna Primavera Ventures S.A.S. of the Republic of Colombia, a.k.a. Web 3 Holdings. Web 3 Holdings develops, acquires and expands Web 3.0 assets with its primary focus in the global events industry. The Company has developed a series of events called Xpo.Crypto through its deEvents platform. deEvents is leveraging leading edge technology to bring Web 3.0 into events and conferences. The Company is addressing the fast-growing cryptocurrency adoption in Latin America to expand its business by bringing Web 3.0 to the events space and other industries.

Mr. Frank Yglesias, CEO of NAFS commented, "The acquisition of Web 3 Holdings will strengthen the value of the company and during the weeks to come NAFS will be making many quick changes, to adjust to the fast pace environment that the team at Web 3 Holdings envisions to be the new direction of the company."

ABOUT EPV and Web 3 Holdings
EPV a.k.a. Web 3 Holdings is a Web 3.0 events and technology Company creating and leveraging cutting edge developed decentralized applications at hosted events including conferences, XPO.CRYPTO, Music, Dance, Art, NFT and Metaverse events. Xpo.Crypto is a new conference event combining Web 3.0 technology, art, music and culture during its VIP Week November 8-13, 2022 and the conference dates November 12-13, 2022. Visitors from over thirty countries will be attending this unique Blockchain industry event with content on NFTs, Defi, Metaverse, Bitcoin Mining, Stablecoins, Payments, Regulation and Security.

ABOUT NAFS
North America Frac Sand, Inc., is a decentralized finance (DeFi) holding company that actively seeks to drive investments into worldwide industry leading DeFi companies, contributing to the continued development and expansion of the world's leading DeFi projects. The Company will look to identify investment opportunities in the high growth DeFi sector within Latin America and the Caribbean. The Company will focus on investments in DeFi, or decentralized finance otherwise known as open finance, a disruptive technology that uses the blockchain technology to create lower cost, more efficient and secure way of providing services.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact included in this presentation are forward-looking statements. These statements relate to analyses and other information, which are based on forecasts of future results and estimates of amounts not yet determinable. These statements also relate to our future prospects, developments, and business strategies. These forward-looking statements may be identified by the use of terms and phrases such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "will" and similar terms and phrases, including references to assumptions. However, these words are not the exclusive means of identifying such statements. Although we believe that our plans, intentions, and expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that we will achieve those plans, intentions, or expectations. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected or may prove unachievable.

The Company's business and prospects must be considered in light of the risks, expenses, and difficulties frequently encountered by companies working with new and rapidly evolving technologies such as blockchain. These risks include, but are not limited to, an inability to create a viable product and risks related to the issuance of tokens. The Company cannot assure you that it will succeed in addressing these risks, and our failure to do so could have a material adverse effect on our business, financial condition, results of operations, and prospects. There can be no assurance as to whether or when (if ever) the Company will achieve profitability or liquidity.

The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events, or otherwise, except as otherwise required by law.

FRANJOSE YGLESIAS
North America Frac Sand, Inc.
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