Buzz Capital Announces Reinstatement of Trading, Appointment of New Directors and Officers, Completion of Escrow Transfer and Provides Early Warning Disclosure
Buzz Capital Announces Reinstatement of Trading, Appointment of New Directors and Officers, Completion of Escrow Transfer and Provides Early Warning Disclosure
On April 17, 2023, the Company announced that it would be applying to the Exchange for reinstatement of trading of the Company's common shares following termination of a proposed qualifying transaction. An application for reinstatement of trading was submitted which was accepted by the Exchange.Toronto, Ontario--(Newsfile Corp. - August 8, 2023) - Buzz Capital Inc. (TSXV: BUZ.P) ("Buzz" or the "Company"), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange"), announces that the Exchange has accepted the application for reinstatement of trading of the Company's common shares. Trading will be reinstated in the securities of the Company.
安大略省多伦多--(Newsfile Corp.-2023年8月8日)-Buzz Capital Inc.(多伦多证券交易所股票代码：BUZ.P)(“Buzz”或“公司”)，一家根据多伦多证券交易所创业板(“本交易所”)第2.4号政策定义的资金池公司，宣布本交易所已接受本公司普通股恢复交易的申请。本公司的证券将恢复交易。
Further to its news release of June 1, 2023, the Company also announces that it has completed certain changes in management and escrow share transfers.
继2023年6月1日发布新闻稿后，该公司还宣布，已完成某些管理层变动和托管股份转让。
Reinstatement of Trading
恢复营业
On April 17, 2023, the Company announced that it would be applying to the Exchange for reinstatement of trading of the Company's common shares following termination of a proposed qualifying transaction. An application for reinstatement of trading was submitted which was accepted by the Exchange.
2023年4月17日，本公司宣布，在终止拟议的符合资格的交易后，将向联交所申请恢复本公司普通股的交易。联交所已提交复牌申请，并获接纳。
Change of Management and Appointment of New Directors
管理层的变动和新董事的任命
Effective August 8, 2023, Mr. Chuck Rifici has resigned as director and officer of the Company and Mr. Hugo Alves has resigned as corporate secretary of the Company. Messrs. Lorne Gertner and W. Brett Wilson will continue to serve as directors of the Company.
自2023年8月8日起，查克·雷菲菲先生已辞去董事公司高级职员一职，雨果·阿尔维斯先生已辞去公司秘书一职。洛恩·格特纳先生和W·布雷特·威尔逊先生将继续担任公司董事。
The new directors and officers of Buzz are as follows:
Buzz的新董事和高级管理人员如下：
James W. Longshore - Director
Gregory M. Prekupec - Director, CEO and CFO
Brian MacIntosh - Secretary
詹姆斯·W·朗肖尔--董事
格雷戈里·M·普雷库佩克--董事首席执行官兼首席财务官
布莱恩·麦金托什--秘书
The Company has obtained the Exchange's final acceptance of the change in management.
本公司已取得联交所对管理层变动的最终接纳。
Escrow share transfers
托管份额转让
In conjunction with the change of management, the former directors, officers and a non-management seed shareholder have transferred their escrowed share holdings to the new directors and officers of the Company. An aggregate of 2,400,000 escrowed common shares have been transferred.
随着管理层的变更，前董事、高级管理人员和一名非管理种子股东已将其托管股份转让给本公司的新董事和高级管理人员。共有240万股托管普通股被转让。
The Company has obtained the Exchange's final acceptance of the escrow share transfers.
本公司已获得交易所对托管股份转让的最终接受。
Outlook
展望
As at the date hereof, the Company continues to have adequate cash resources (approximately $350,000) to continue to search for prospective opportunities to complete its qualifying transaction and maximize shareholder value.
截至本文日期，公司继续拥有充足的现金资源(约350,000美元)，以继续寻找潜在的机会，以完成其符合资格的交易并使股东价值最大化。
Early Warning Disclosure Pursuant to National Instrument 62-103
根据《国家文书62-103》进行的预警披露
In connection with the change of management and directors and escrow share transfers, each of Gregory M. Prekupec, Brian MacIntosh and James W. Longshore acquired ownership, control or direction over the 2.4 million Buzz common shares, in aggregate, requiring disclosure pursuant to the early warning requirements of applicable securities laws.
在管理层和董事的变动以及托管股份转让方面，格雷戈里·M·普雷库佩克、布莱恩·麦金托什和詹姆斯·W·朗肖尔各自获得了总计240万股Buzz普通股的所有权、控制权或指挥权，要求根据适用证券法的预警要求进行披露。
Prior to the completion of the escrow transfers, Gregory M. Prekupec and Brian MacIntosh had no ownership of, or exercised control or direction over, any voting or equity securities of the Company. James W. Longshore exercised control over 27,500 Buzz common shares through his spouse. In connection with the escrow transfers, each of Gregory M. Prekupec, Brian MacIntosh and James W. Longshore acquired ownership of 800,000 Buzz common shares.
在完成托管转移之前，格雷戈里·M·普雷库佩克和布莱恩·麦金托什对公司的任何投票权或股权证券没有所有权，或对其行使控制权或指挥权。詹姆斯·W·朗肖尔通过他的配偶控制了27,500股巴斯普通股。关于托管转让，格雷戈里·M·普雷库佩克、布莱恩·麦金托什和詹姆斯·W·朗肖尔各自获得了80万股巴斯普通股的所有权。
After completion of the escrow transfers, each of Gregory M. Prekupec and Brian MacIntosh own indirectly, or exercise control or direction over, 800,000 Buzz common shares, representing approximately 9.5% of the issued and outstanding Buzz common shares on both a non-diluted and fully-diluted basis. James W. Longshore owns directly or exercises control or direction over 827,500 Buzz common shares (which includes the holdings of his spouse) representing approximately 9.8% of the issued and outstanding Buzz common shares on both a non-diluted and fully-diluted basis.
托管转让完成后，格雷戈里·M·普雷库佩克和布莱恩·麦金托什各自间接拥有、或控制或指导80万股Buzz普通股，在非稀释和完全稀释的基础上，约占已发行和已发行Buzz普通股的9.5%。詹姆斯·W·朗肖尔直接拥有、控制或管理827,500股Buzz普通股(包括其配偶持有的股份)，相当于非稀释和完全稀释基础上已发行和已发行的Buzz普通股的约9.8%。
As Gregory M. Prekupec, Brian MacIntosh and James W. Longshore are considered to be acting jointly and in concert as a group in connection with the acquisition of the escrow shares, the group will own directly and indirectly, or exercises control or direction over, 2,427,500 Buzz common shares, representing approximately 28.86% of the issued and outstanding Buzz common shares on both a non-diluted and fully-diluted basis.
由于格雷戈里·M·普雷库佩克、布莱恩·麦金托什和詹姆斯·W·朗肖尔被认为是作为一个集团在收购托管股份方面共同行动，该集团将直接和间接拥有2,427,500股Buzz普通股，或对其实施控制或指导，在非稀释和完全稀释的基础上，约占已发行和已发行Buzz普通股的28.86%。
Each of Gregory M. Prekupec, Brian MacIntosh and James W. Longshore: (i) acquired the Buzz common shares in connection with the escrow transfer; (ii) hold the Buzz common shares for investment purposes; and (iii) do not have any current intention to increase or decrease their beneficial ownership or control or direction over any additional securities of the Company. Each of Gregory M. Prekupec, Brian MacIntosh and James W. Longshore may, from time to time and depending on market and other conditions, acquire additional Buzz common shares through market transactions, private agreements, treasury issuances, convertible securities or otherwise, or may sell all or some portion of the Buzz common shares they each own or control, or may continue to hold the Buzz common shares.
Gregory M.Prekupec、Brian MacIntosh和James W.Longshore各自：(I)就托管转移收购Buzz普通股；(Ii)出于投资目的持有Buzz普通股；及(Iii)目前无意增加或减少他们对本公司任何额外证券的实益拥有权或控制权或指挥权。格雷戈里·M·普雷库佩克、布莱恩·麦金托什和詹姆斯·W·朗肖尔均可根据市场和其他条件，不时通过市场交易、非公开协议、国库发行、可转换证券或其他方式获得额外的巴斯普通股，或出售他们各自拥有或控制的全部或部分巴斯普通股，或可能继续持有巴斯普通股。
This portion of this news release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues of the Canadian Securities Administrators, which also requires an early warning report to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters. A copy of the early warning reports will be filed by Gregory M. Prekupec, Brian MacIntosh and James W. Longshore in accordance with applicable securities laws and will be available on the Company's issuer profile on SEDAR at .
本新闻稿的这一部分是根据国家文书62-103发布的-预警系统及相关收购竞标和内幕报告问题它还要求向适用的证券监管机构提交一份预警报告，其中包含与上述事项有关的其他信息。根据适用的证券法，格雷戈里·M·普雷库佩克、布莱恩·麦金托什和詹姆斯·W·朗肖尔将提交一份预警报告，并将在SEDAR上的公司发行人简介中查阅。
About Buzz Capital Inc.
关于Buzz Capital Inc.
Buzz, a capital pool company within the meaning of the policies of the Exchange, was incorporated February 15, 2017 and was listed on the Exchange on August 21, 2017. Buzz does not have any operations and has no assets other than cash. Buzz's business is to identify and evaluate businesses and assets with a view to completing a qualifying transaction under the policies of the Exchange.
Buzz是联交所政策所指的资金池公司，于2017年2月15日注册成立，并于2017年8月21日在联交所上市。Buzz没有任何业务，除了现金之外没有其他资产。Buzz的业务是识别和评估业务和资产，以期根据交易所的政策完成符合条件的交易。
For further information please contact:
欲了解更多信息，请联系：
Buzz Capital Inc.
Gregory M. Prekupec, C.E.O.
Telephone: 416-504-5805
Email: gprekupec@dipchand.com
Buzz Capital Inc.
格雷戈里·M·普雷库佩克，首席执行官
电话：416-504-5805
电子邮件：gprekupec@dipchand.com
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
本新闻稿中的信息包括与管理层对未来事件、预期、计划和前景的看法有关的某些信息和声明，这些信息和声明构成前瞻性声明。这些陈述是基于受重大风险和不确定因素影响的假设。由于这些风险和不确定因素，以及各种因素的影响，实际结果、预期、成就或业绩可能与这些前瞻性陈述中预期和表明的大不相同。尽管该公司认为前瞻性陈述中反映的预期是合理的，但它不能保证任何前瞻性陈述的预期将被证明是正确的。除非法律另有要求，否则公司无意更新或修改任何前瞻性陈述，以反映实际结果，无论是由于新信息、未来事件、假设的变化、影响这些前瞻性陈述的因素的变化或其他原因。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所风险交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
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要查看本新闻稿的源版本，请访问
