Blockchain
P2Earn Closes First Tranche of Private Placement
Vancouver, British Columbia–(Newsfile Corp. – April 3, 2023) – P2Earn Inc. (CSE: PXE) (FSE: WH4) (the “Company” or “P2E“) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement of common shares (each, a “Common Share“) in the capital of the Company (the “Private Placement“) (see the news release of the Company dated March 29, 2023).
The Company issued a total of 5,349,997 Common Shares at a price of $0.075 per Common Share for total gross proceeds of $401,250, thereby raising the minimum amount set out the Company’s offering document relating to the Private Placement, which can be accessed under the Company’s profile at www.sedar.com and on the Company’s website at http://p2earn.io.
The Common Shares to be issued pursuant to this tranche of the Private Placement will be distributed in offshore jurisdictions pursuant to Ontario Securities Commission Rule 72-503 – Distributions Outside Canada and, as such, will not be subject to a statutory hold period in accordance with applicable Canadian securities laws.
The Company intends to use the net proceeds from the Private Placement for general working capital purposes. The Company expects to complete subsequent tranches of the Private Placement on or before April 21, 2023. No bonus, finder’s fee, commission, agent’s option or other compensation is payable in connection with the Private Placement.
For Further information:
Eugene Valaitis, Director
(214)-864-5958
P2 EARN INC.
First Canadian Place
100 King Street West, Suite 5600
Toronto, Ontario M5X1C9
Tel: 214-864-5958
Certain statements contained in this press release constitute “forward-looking information” as such term is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to the Company are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information, including but not limited to: completion of the Life Private Placement, if it is to complete at all; and intended use of proceeds of the Private Placement. Such statements reflect the Company’s current views and intentions with respect to future events, and current information available to the Company, and are subject to certain risks, uncertainties and assumptions.
Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Examples of such risk factors include, without limitation, credit; market (including equity, commodity, foreign exchange and interest rate); liquidity; operational (including technology and infrastructure); reputational; insurance; strategic; regulatory; legal; environmental; capital adequacy; the general business and economic conditions in the regions in which the Company operates; the ability of the Company to execute on key priorities, including the successful completion of acquisitions, business retention, and strategic plans and to attract, develop and retain key executives; difficulty integrating newly acquired businesses; the ability to implement business strategies and pursue business opportunities; disruptions in or attacks (including cyberattacks) on the Company’s information technology, internet, network access or other voice or data communications systems or services; the evolution of various types of fraud or other criminal behavior to which the Company is exposed; the failure of third parties to comply with their obligations to the Company or its affiliates; the impact of new and changes to, or application of, current laws and regulations; decline of reimbursement rates; a novel business model; dependence on key suppliers; the overall difficult litigation environment; increased competition; increased funding costs and market volatility due to market illiquidity and competition for funding; the availability of funds and resources to pursue operations; critical accounting estimates and changes to accounting standards, policies, and methods used by the Company; the occurrence of natural and unnatural catastrophic events and claims resulting from such events; as well as those risk factors discussed or referred to in the Company’s disclosure documents filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com.
Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.
The CSE has not reviewed, approved or disapproved the content of this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/161171
Blockchain
RevoluPAY Enhances Financial Solutions for Humanitarian Aid with MillionBridges and the Norwegian Refugee Council
Blockchain
No plans for total crypto ban in Russia, lawmaker says
A lawmaker in Russia has stated that there are no plans for a total ban on cryptocurrencies in the country. This statement provides clarity on the regulatory stance of the Russian government regarding cryptocurrencies and addresses concerns about potential prohibitive measures.
The clarification from the lawmaker indicates that while Russia may be considering regulations to govern the use and trading of cryptocurrencies, there are no intentions to outright ban their existence or usage. This stance suggests a more nuanced approach to cryptocurrency regulation, aiming to balance innovation and development in the digital asset space with regulatory oversight and consumer protection.
The statement may help alleviate uncertainty and fears within the cryptocurrency community in Russia, as well as among international investors and stakeholders. Clear regulatory guidelines and a willingness to engage with the crypto industry can foster a more conducive environment for innovation, investment, and economic growth.
The lawmaker’s assertion that there are no plans for a total crypto ban in Russia provides reassurance to market participants and signals a potentially more constructive approach to cryptocurrency regulation in the country. It remains to be seen how regulatory frameworks will evolve in Russia, but this statement suggests a willingness to engage in dialogue and develop regulations that support the growth of the crypto industry while addressing regulatory concerns.
Source: crypto.news
The post No plans for total crypto ban in Russia, lawmaker says appeared first on HIPTHER Alerts.
Blockchain
A New Cyberpunk-Inspired Meme Coin on the Solana Blockchain Set to Revolutionize the Crypto World
A new cyberpunk-inspired meme coin on the Solana blockchain is poised to revolutionize the crypto world. This announcement highlights the emergence of innovative projects and tokens in the cryptocurrency space, leveraging the unique features and capabilities of blockchain technology.
The new meme coin, inspired by the cyberpunk genre, represents a novel approach to engaging with the crypto community and capturing the imagination of enthusiasts and investors. By tapping into the cultural aesthetics and themes of cyberpunk, the project aims to differentiate itself in a crowded market and attract attention from a diverse audience.
Built on the Solana blockchain, the meme coin benefits from the platform’s high throughput, low transaction fees, and scalability, offering users a fast and efficient experience for transacting and interacting with the token. This choice of blockchain infrastructure reflects a strategic decision to leverage cutting-edge technology and capitalize on the growing popularity of Solana within the cryptocurrency ecosystem.
The press release suggests that the new meme coin has the potential to disrupt the crypto world and redefine the meme coin landscape. By combining elements of cyberpunk culture with blockchain technology, the project aims to create a unique and engaging experience for users while delivering value and utility to holders of the token.
The announcement of a cyberpunk-inspired meme coin on the Solana blockchain underscores the dynamic and innovative nature of the cryptocurrency industry. As blockchain technology continues to evolve and mature, we can expect to see more creative projects and tokens emerge, pushing the boundaries of what is possible in the crypto world.
Source: tech.einnews.com
The post A New Cyberpunk-Inspired Meme Coin on the Solana Blockchain Set to Revolutionize the Crypto World appeared first on HIPTHER Alerts.
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