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DevvStream Announces Warrant Amendment

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Vancouver, British Columbia–(Newsfile Corp. – April 14, 2023) – DevvStream Holdings Inc. (NEO: DESG) (FSE: CQ0)(“DevvStream” or the “Company“), a carbon credit investment and streaming firm specializing in technology solutions, announces that it plans to reprice an aggregate of 6,249,998 subordinate voting share purchase warrants. Each warrant currently entitles the holder to purchase one subordinate voting share of the Company at a price of $1.50 per share. The Company intends to reduce the exercise price of the warrants from $1.50 to $1.20 per share.

The warrant amendment requires shareholder approval in accordance with Policy 10.09(2) of the Neo Exchange’s listing manual. Pursuant to the exemption in 10.09(2), the Company expects to obtain written consents from over 50 per cent of the disinterested shareholders of the Company for the amendment.

The completion of the warrant amendment remains subject to receipt of the aforementioned disinterested shareholders, as well as the acceptance of the Neo Exchange.

About DevvStream

DevvStream is a technology-based ESG company that advances the development and monetization of environmental assets, with an initial focus on carbon markets. DevvStream works with governments and corporations worldwide to achieve their sustainability goals through the implementation of curated green technology projects that generate renewable energy, improve energy efficiencies, eliminate or reduce emissions, and sequester carbon directly from the air. DevvStream also helps these organizations meet their net zero goals by providing them access to high-quality carbon credits.

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For more information, please visit www.devvstream.com.

On Behalf of the Company,

Sunny Trinh
CEO
[email protected]

Contact Investor Relations:
Leo Karabelas
Focus Communications
[email protected] | Tel: +1 647 689 6041

Disclaimer

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This news release contains forward-looking statements, including statements that are not historical facts. All statements other than statements of historical fact included in this release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, and which are described in the Company’s public filings available under its profile at www.sedar.com. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company does not intend to update any of the included forward-looking statements except as required by Canadian securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162376

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Climate Tech VC Cerulean Ventures to Hold Biodiversity Roundtable during UN Biodiversity COP 16, Cali, Colombia

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CfPA Announces 2024 Regulated Investment Crowdfunding Summit: a growing economic force powering American entrepreneurism and innovation

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ICI Bucharest and AGERPRES launched the project “Agerpres Daily News | Hold History”

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Today, October 21, 2024, at the Victoria Palace, the official launch of the “Agerpres Daily News | Hold History”, initiated by ICI Bucharest and the National Press Agency AGERPRES, with the support of the Ministry of Research, Innovation and Digitization. The event marked an important step in combating disinformation and promoting authentic journalism by integrating blockchain technology and non-fungible tokens (NFTs).

The project “Agerpres Daily News | Hold History’ aims to transform authentic and verified news into unique NFTs, giving consumers the opportunity to own a piece of the most relevant moments in daily news. These NFTs, available on the ICI D|Servicesplatform, each represent a ‘time capsule’, immortalizing significant moments in national and global current affairs. NFTs are released daily in limited editions and are accompanied by photos, article snippets or digital art.

The project includes a loyalty program for NFT collectors, who can access special rewards such as digital art pieces, exclusive content, or invitations to events organized by AGERPRES. An innovative feature, “NFT-to-Vote”, is also being explored, whereby NFT holders will be able to influence future news topics. This initiative marks a new way of interacting with news, where audiences can not only consume but own and actively participate in everyday history.

Bogdan Ivan, the Minister of Research, Innovation and Digitalization, emphasized in his speech the importance of this project: “In a world dominated by digital challenges, the use of blockchain to guarantee the authenticity and truthfulness of information is essential. The launch of is another crucial step in building a safe and well-informed digital ecosystem.”

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Adrian-Victor Vevera, the general director of ICI Bucharest, highlighted the added value of the project: “I believe that the young people present in this room are the future consumers of this program, a project that appeared as a continuation of the first collections of NFTs launched with Agerpres. We started with a necessity – validated news and ended up using blockchain technology to certify and validate the news. Other blockchain technology projects will be launched in November this year, so I invite you to stay tuned.”

Claudia-Victoria Nicolae, the general director of AGERPRES, drew attention to the importance of integrating the needs of the new generation: “It is time to adapt and innovate in order to reach young people with the quality information they need. “Agerpres Daily News | Hold History” is not only a step forward for journalism but a necessity in the digital age.”

The event was attended by students at the Faculty of Journalism and Communication Sciences of the University of Bucharest and students at the Romanian-American University, who appreciated the educational and informative potential of this initiative. The project is an essential tool in the fight against disinformation, giving citizens the opportunity to easily collect and verify authentic information.

The post ICI Bucharest and AGERPRES launched the project “Agerpres Daily News | Hold History” appeared first on HIPTHER Alerts.

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