Montréal – TheNewswire - September 27, 2021 – ZeU Technologies, Inc. (CSE:ZEU) (CSE:ZEU) (OTC:ZEUCF) wishes to announce that it will unwind the Share Purchase Agreement with MoneyLine Sports Inc that had previously been reported in News Releases dated May 6, 2021, and August 11, 2021.
The Share Purchase Agreement was to acquire all of the issued and outstanding shares of MoneyLine Sports Inc and its wholly-owned subsidiary, MoneyLine Sports Acquisition Corp., through ZeU Gaming Inc., a wholly-owned subsidiary of ZeU Technologies, Inc, for a total consideration of CDN$1,501,500.
As per the date of this press release, ZeU has not completed the due diligence required to finalize the transaction and has received notice from MoneyLine management on Friday, September 24, of their intent to withdraw from the proposed transaction. ZeU's management will take the actions required to unwind the transaction. No securities have been issued in relation to this proposed transaction.
ON BEHALF OF THE BOARD OF DIRECTORS
"Frank Dumas"
Frank Dumas President & CEO
About ZeU
ZeU is a forward-thinking Canadian technology company that has developed a state-of-the-art DLT protocol, providing the foundation for the next generation of encrypted and distributed networks. Thanks to its high level of sophistication, ZeU's technology maximizes transparency, security and scalability as well as big data management. ZeU's strategy is to monetize DLT transactions in diverse sectors such as payment, gaming, data, and healthcare.
The CSE has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this press release.
Copyright (c) 2021 TheNewswire - All rights reserved.
蒙特雷亞爾-新聞通訊社-2021年9月27日– Zeu Technologies,Inc.(CSE:Zeu)(CSE:Zeu)(場外交易:ZEUCF)希望宣佈,它將解除與MoneyLine Sports Inc.的股票購買協議,該協議此前曾在2021年5月6日和2021年8月11日的新聞稿中報道過。
股票購買協議是通過Zeu技術公司的全資子公司Zeu Gaming Inc.收購MoneyLine Sports Inc.及其全資子公司MoneyLine Sports Acquisition Corp.的所有已發行和流通股,總代價為1,501,500加元。
截至本新聞稿日期,Zeu尚未完成敲定交易所需的盡職調查,並已於9月24日(星期五)收到MoneyLine管理層的通知,表示他們打算退出擬議的交易。Zeu的管理層將採取必要的行動解除交易。與這項擬議交易相關的證券尚未發行。
我謹代表董事會
“弗蘭克大仲馬“
弗蘭克·大仲馬總統 & 首席執行官
關於宙斯
Zeu是一傢俱有前瞻性的加拿大科技公司,它開發了最先進的DLT協議,為下一代加密和分佈式網絡奠定了基礎。由於其高度的複雜性,Zeu的技術最大限度地提高了透明度、安全性和可擴展性,以及大數據管理。Zeu的戰略是將支付、遊戲、數據和醫療等不同行業的DLT交易貨幣化。
這個CSE有在……裏面不是道路通過在這個優點的這個交易記錄和有兩樣已批准也不是不批准內容的這按下放手。
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