Toronto, Ontario – (Newsfile Corp. – November 15, 2021) – County Capital 2 Ltd. (TSXV: CTWO.P) (“CC2“or the”company“) and Givex Corporation (“Givex“) are pleased to announce that following the successful completion of the negotiated and non-negotiated subscription receipt offers by Givex for total gross proceeds of $ 22,000,000 previously announced on November 12, 2021, CC2 has filed its declaration of deposit (the “Declaration of deposit“) on SEDAR in connection with the proposed business combination between Givex, CC2 and a wholly owned subsidiary of CC2 (the”Proposed operation“). The Proposed Transaction, once completed, should result in the reverse takeover of CC2 (after completion of the Proposed Transaction, the”Resulting emitter“) and will constitute the Qualifying Transaction of CC2, as such term is defined in the policies of the TSX Venture Exchange. The Proposed Transaction is expected to close on or about November 25, 2021.

Givex and CC2 have received conditional approval to list the common shares of the Resulting Issuer on the Toronto Stock Exchange (the “”TSX“) under the ticker symbol” GIVX “after completion of the proposed transaction. Final approval is subject to Givex and the resulting issuer compliance with certain customary conditions required by the TSX. CC2 will issue a press release once that the TSX will have confirmed the date for trading of the shares is expected to begin on the TSX.

Investors are encouraged to view CC2’s SEDAR profile filing statement at www.sedar.com as well as CC2’s press releases dated October 5, 2021, October 12, 2021 and November 12, 2021. The filing statement provides detailed information on, among others, the Proposed Transaction, CC2, Givex and the Resulting Issuer. Investors are cautioned that, unless otherwise specified in the statement of deposit, any information disclosed or received in respect of the proposed transaction may not be accurate or complete and should not be relied upon.

ABOUT GIVEX

Givex is a financial technology company with 20 years’ experience of sustainable and profitable growth that has developed and marketed a cloud-based omnichannel technology platform, seamlessly integrating gift and loyalty programs, point systems flexible sales and payment services for enterprise-level retail. and hotel traders around the world. With customers including some of the world’s largest brands, Givex’s platform is currently deployed in more than 90,000 customer sites in 70 countries.

ABOUT THE COUNTY CAPITAL

CC2 brings together an elite group of industry leaders with a mandate to create and complement a series of professionally managed seed capital companies. For more information on CC2 and the Capital Seed Company Program, please visit www.countycapital.ca.

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements, including, but not limited to, statements regarding the future plans and intentions of the Company, the listing of the resulting issuer’s shares on the TSX, and the completion of the proposed operation and timing thereof. Whenever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe” ”,“ Estimate ”,“ potential ”or negative or other variations of these words, or similar words or expressions, have been used to identify these forward-looking statements. These statements reflect the current beliefs of management and are based on information currently available to management as of the date hereof.

Forward-looking statements involve important risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be carefully considered and readers should not place undue reliance on forward-looking statements. Although the forward-looking statements contained in this press release are based on what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and neither the Company nor Givex assumes any obligation to update or revise them to reflect new events or circumstances, except as required by law. .

For more information, please contact:

County Capital 2 Ltd.
Robert Munro, CEO and CFO
Telephone: 416.272.1140
Email: [email protected]
Website: www.countycapital.ca

Givex Company
Don Gray, CEO
Telephone: 416.350.9660 ext. 2227
Email: [email protected]
Website: www.givex.com

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release. .

Completion of the proposed transaction is subject to receipt of all required regulatory, stock exchange, judicial or government approvals, authorizations and consents, as well as the approval of the shareholders of CC2 and Givex. If so, the proposed Transaction cannot be completed until the required shareholder approval has been obtained. There can be no assurance that the proposed transaction will be completed as proposed or that it will be completed.

Investors are cautioned that, except as disclosed in the statement of custody filed by CC2, any information disclosed or received regarding the proposed transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be viewed as highly speculative.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103559

About The Author

William Macleod

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