NameSilo Technologies Corp. Announces Normal Course Issuer Bid
NameSilo Technologies Corp. Announces Normal Course Issuer Bid
The Company is commencing the NCIB because it believes that the current market price of its common shares may not fully reflect the underlying value of the Company's business and future prospects.CSE: URL / OTC: URLOF
CSE：URL/OTC：URLOF
VANCOUVER, BC, Sept. 22, 2023 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company") announces its intention to initiate a normal course issuer bid ("NCIB") through the facilities of the Canadian Securities Exchange. Under the NCIB, the Company intends to acquire up to 4,500,000 common shares (the "Shares") in the capital of the Company, representing approximately 4.91% of its issued and outstanding common shares. The NCIB will commence on September 26, 2023 and end no later than September 26, 2024.
溫哥華，卑詩省，9月2023年2月22日/PRNewswire/-NameSilo Technologies Corp.(CSE：URL)(PINKSHEETS：URLOF)(“該公司”)宣佈，它打算通過加拿大證券交易所的設施發起正常過程發行人投標(“NCIB”)。根據NCIB，本公司擬收購本公司股本中最多4,500,000股普通股(“股份”)，約佔其已發行及已發行普通股的4.91%。NCIB將於#年開始2023年9月26日不遲於此結束2024年9月26日。
The Company may terminate the NCIB earlier if it feels it is appropriate to do so. The Company has appointed Canaccord Genuity Corp. to conduct the NCIB. The purchase and payment of the Shares will be made in accordance with the requirements of the Canadian Securities Exchange and applicable securities laws. The actual number of Shares purchased, timing of purchases and share price will depend upon market conditions at the time and securities law requirements. All Shares acquired will be returned to treasury and cancelled.
如果公司認為適當，可以提前終止NCIB。該公司已指定Canaccel Genity公司進行NCIB。股票的購買和支付將根據加拿大證券交易所和適用的證券法的要求進行。實際購買的股份數量、購買時間和股價將取決於當時的市場狀況和證券法的要求。收購的所有股份將退還國庫並註銷。
The Company is commencing the NCIB because it believes that the current market price of its common shares may not fully reflect the underlying value of the Company's business and future prospects.
該公司之所以啟動NCIB，是因為它認為其普通股的當前市場價格可能不能完全反映公司業務的潛在價值和未來前景。
NameSilo Technologies Corp. invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. NameSilo does not invest on behalf of any third party and it does not offer investment advice.
NameSilo技術公司將其資本投資於管理層認為被低估並具有顯著升值潛力的公司和機會。該公司在公開和非公開市場進行投資，並專注於各種行業的機會，不包括資源和資源服務部門。NameSilo不代表任何第三方投資，也不提供投資建議。
NameSilo LLC is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, NameSilo is one of the fastest growing domain registrars in the world with approximately 4.67 million active domains under management from approximately 160 countries.
NameSilo LLC是一家低成本的域名註冊和管理服務提供商。作為經認可的ICANN註冊商，NameSilo是世界上增長最快的域名註冊商之一，管理著來自大約160個國家和地區的約467萬個活躍域名。
Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding potential future investments by the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's actual results to differ materially from those expressed or implied by the forward-looking statements.
本新聞稿中的某些陳述為前瞻性陳述，反映了管理層對公司未來潛在投資的期望。前瞻性陳述包括非純粹歷史性的陳述，包括有關對未來的信念、計劃、期望或意圖的陳述。此類陳述會受到風險和不確定因素的影響，這些風險和不確定因素可能會導致實際結果、業績或發展與陳述中包含的內容大不相同。不能保證前瞻性陳述中預期的任何事件都會發生，或者如果發生了，公司將從中獲得什麼好處。這些前瞻性陳述反映了管理層目前的觀點，並基於某些預期、估計和假設，這些預期、估計和假設可能被證明是不正確的。許多風險和不確定因素可能導致公司的實際結果與前瞻性陳述中明示或暗示的結果大相徑庭。
NEITHER THE CSE NOR ITS REGULATION SERVICES PROVIDERS (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CSE及其監管服務提供商(該術語在CSE的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
SOURCE NameSilo Technologies Corp.
來源：NameSilo Technologies Corp.
