VANCOUVER, British Columbia / ACCESSWIRE / December 5, 2024 / Cypher Metaverse Inc. (CSE:CODE) (“CODE” or the “Company”) has entered into a debt settlement agreement between the Company and arm’s length third parties and related parties. I will announce what I have achieved. will issue 543,079 shares of common stock at a price of $0.70 per share for a total issue of $380,155.54. However, condition 4 applies. Monthly holding and exchange approval required.
Related Party Transactions The 107,057 shares issued are to three directors and executive officers, and this is a related party transaction. Because the fair market value of the outstanding shares is less than 25% of our market capitalization, we rely on the exemptions contained in Sections 5.5(a) and 5.7(a) of MI 61-101.
About Cipher Metaverse Co., Ltd.
Cypher Metaverse Inc. is focused on identifying and investing in early-stage opportunities across the digital landscape. The company leverages strategic relationships to drive innovation and growth, creating new possibilities and opportunities.
For more information, please contact us below.
Cipher Metaverse Co., Ltd.
George Tsafaras – Director
Phone: Toll Free 1 (778) 373-8578
Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of CSE) accepts responsibility for the adequacy or accuracy of this press release.
Forward-looking statements
This news release contains “forward-looking information” within the meaning of applicable securities laws. CODE believes that the expectations reflected in this forward-looking information are reasonable, taking into account the experience of its officers and directors, current conditions and anticipated future developments, and other factors it considers appropriate. However, you should not rely too much on them. CODE makes no guarantee that they will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Actual results or developments may differ materially from those contemplated in these statements, depending on the circumstances. The statements in this press release are made as of the date of this press release. CODE undertakes no obligation to comment on any analysis, forecast, or statement made by any third party with respect to CODE, except as required by securities laws.
Source: Cypher Metaverse Inc.
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