Two Hands Corporation Announces Results of Special Meeting
As a result of the Transaction,
At the Meeting, the Company's shareholders also approved and authorized the Company's Board of Directors (the "Board") to amend the Articles of the Company to effect a change of the Company's name to such name as the Board determines appropriate, subject to the approval of the Canadian Securities Exchange (the "CSE").
The Company's shareholders did not approve the proposed consolidation of the Common Shares (the "Consolidation") on the basis of 1 post-consolidation Common Share for every 20,000 pre-consolidation Common Shares outstanding (the "Consolidation Ratio"). As a result, the Consolidation has not been approved and will not be completed.
About
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
Neither the CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. Forward looking statements in this news release include statements regarding the expected change of name of the Company. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors that could materially affect such forward-looking information are described under the heading "Risk Factors" in the Company's final long-form prospectus dated
For further information, please visit www.twohands.ca.
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