Tracker Ventures Corp. is pleased to announce, following its press releases dated March 5, 2021 and December 8, 2020, that it has received conditional approval from the Canadian Securities Exchange for the Company’s acquisition of Contakt World Technologies Corp . . The Acquisition will constitute a “fundamental change” to the Company, as that term is defined in the rules and policies of the CSE. The acquisition is …
Tracker Ventures Corp. (CSE: TKR) (FSE: B2I) (the “Company” or “Tracker”) is pleased to announce, following its press releases dated March 5, 2021 and December 8, 2020, that it has received conditions the approval of the Canadian Securities Exchange (“CSE”) for the Company’s acquisition (the “Acquisition”) of Contakt World Technologies Corp. (“Contakt World”). The Acquisition will constitute a “fundamental change” to the Company, as that term is defined in the rules and policies of the CSE. The acquisition is to be completed by way of a triangular merger, pursuant to a merger agreement dated December 3, 2020 between the Company, its wholly owned subsidiary, 1276313 BC LTD., Contakt World, Contakt LLC and certain founding shareholders of Contact World.
Final approval and completion of the Acquisition is subject to the satisfaction of conditions precedent, including, without limitation: (i) completion of concurrent financing for minimum gross proceeds of $ 540,000; (ii) the completion of the name change of the Company to “Contakt World Technologies Corp”; (iii) completion of all outstanding CSE application documents and payment of fees in accordance with CSE policies; and (iv) the shareholders of the Company who approved the Acquisition.
A copy of the Acquisition Form 2A Registration Statement has been prepared in accordance with CSE policies and will be available on SEDAR at www.sedar.com and the CSE website prior to the start of trading on the CSE.
Tracker Ventures Contact
Chief Financial Officer and Director
For more information, investors should consult the documents filed by the Company which are available on www.sedar.com.
About Contakt World
Contakt World is a technology company and advertising agency that innovates in public health with the goal of becoming the most reliable, accessible and scalable digital public health and safety platform in the world, meeting the needs of a post-pandemic world. Contakt World combines aggressive research and development, human-centered design, next-generation data integrations, and strategic healthcare partnerships to build and strengthen mutual trust within communities, thereby contributing to the health equity for users around the world. Contakt World’s first suite of tools emerges from the coronavirus emergency to manage the pandemic through innovative contact tracing and case management spanning multiple modes of communication. For more information, please visit the company’s website at www.contakt.world.
About Tracker Ventures Corp.
Tracker Ventures (CSE: TKR) (OTC: TLOOF) (FSE: B2I) is an analytics software company that harnesses blockchain technology and digital assets to transform and modernize multiple industries. Tracker takes a diverse approach to the analytical and technological space, offering practical solutions in the healthcare, finance, logistics and pharmacy industries. The company’s turnkey real-time tracking solutions deliver the very latest in IoT and AI innovations, delivering valuable data and business intelligence to some of the world’s leading brands.
Certain information contained in this press release contains statements that reflect “forward-looking information” as that term is defined in Canadian securities laws (“forward-looking statementsThese forward-looking statements are often identified by words such as “intends”, “anticipates”, “expects”, “believes”, “anticipates”, “likely” or similar words. More specifically, this press release includes forward-looking statements concerning the completion of the acquisition and the timing thereof, the conditions precedent to the completion of the acquisition, the future business plans of the Company once the acquisition is completed. completed and approval by the CSE of the registration statement on Form 2A in connection with the Acquisition. Forward-looking statements reflect the respective expectations, estimates or projections of the Company and Contakt World regarding future results or events, on the basis of opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although the Company and Contakt World believe that the expectations reflected in the statements are made. Forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and forward-looking statements should not be relied upon because unknown or unforeseeable factors could cause results to differ materially from those reflected in forward-looking statements. Some of the key factors that could cause actual results to differ materially include the following: Are the parties able to meet the relevant conditions precedent under the Acquisition Merger Agreement? and whether the parties are able to obtain all regulatory and corporate approvals necessary for the acquisition. Forward-looking statements may also be affected by risks and uncertainties in Tracker’s business, including those described in the Company’s public documents available at www.SEDAR.com. The Company assumes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
The Canadian Securities Exchange (CSE) has not reviewed, approved or disapproved of the contents of this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89166