VANCOUVER, BC / ACCESSWIRE / November 13, 2019 / 1169032 B.C. LTD. (the “Company”) announces that it has mutually terminated its letter of intent to acquire with PayVida Solutions Inc. (“PayVida”) due to the inability of the parties to agree on a viable transaction to close on the proposed acquisition.
Management will continue to source viable business opportunities for the Company and its shareholders.
For further information please contact:
Ron Ozols, V.P. Communications
Cautionary Note Regarding Forward Looking Information
This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) the inability to complete the Arrangement; and (ii) other factors beyond the Company’s control. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.
SOURCE: 1169032 B.C. LTD.
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