THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) — Routemaster Capital Inc. (the “Firm” or “Routemaster”) (NEO: DEFI, GR: RMJR) is happy to announce a non-brokered personal placement financing of as much as 5,000,000 widespread shares of the Firm (every a “Frequent Share”) at a worth of C$2.00 per Frequent Share for gross proceeds of as much as C$10,000,000 (the “Providing”).
Closing of the Providing is anticipated to happen on or about March 3, 2021. All securities issued in reference to the Providing can be topic to a statutory maintain interval of four-months and at some point. Completion of the Providing is topic to a variety of circumstances, together with with out limitation, receipt of NEO Inventory Change approval.
In reference to the Providing, a finder’s payment could also be payable in accordance with the insurance policies of the NEO Inventory Change. Routemaster intends to make use of the proceeds of the Providing to increase the Firm’s enterprise, for potential funding alternatives and normal company functions.
The securities to be provided pursuant to the Providing haven’t been, and won’t be, registered below the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities legal guidelines, and might not be provided or bought in america or to, or for the account or advantage of, United States individuals absent registration or any relevant exemption from the registration necessities of the U.S. Securities Act and relevant U.S. state securities legal guidelines. This information launch shall not represent a suggestion to promote or the solicitation of a suggestion to purchase securities in america, nor shall there be any sale of those securities in any jurisdiction through which such supply, solicitation or sale could be illegal.
About Routemaster Capital Inc.:
Routemaster Capital Inc. is a Canadian firm that carries on enterprise with the target of enhancing shareholder worth by way of constructing and managing property within the decentralized finance sector.
For additional info, please contact:
Chief Government Officer
+41 76 548 54 65
Cautionary word relating to forward-looking info:
This press launch accommodates “forward-looking info” throughout the that means of relevant Canadian securities laws. Ahead-looking info consists of, however is just not restricted to, statements with respect to the Providing; the Defi Holdings enterprise; the pursuit by Routemaster of funding alternatives; and the deserves or potential returns of any such investments. Typically, forward-looking info could be recognized by way of forward-looking terminology reminiscent of “plans”, “expects” or “doesn’t anticipate”, “is anticipated”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or state that sure actions, occasions or outcomes “might”, “may”, “would”, “would possibly” or “can be taken”, “happen” or “be achieved”. Ahead-looking info is topic to identified and unknown dangers, uncertainties and different components that will trigger the precise outcomes, degree of exercise, efficiency or achievements of the Firm, because the case could also be, to be materially completely different from these expressed or implied by such forward-looking info. Though the Firm has tried to establish essential components that might trigger precise outcomes to vary materially from these contained in forward-looking info, there could also be different components that trigger outcomes to not be as anticipated, estimated or supposed. There could be no assurance that such info will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking info. The Firm doesn’t undertake to replace any forward-looking info, besides in accordance with relevant securities legal guidelines.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.