CALGARY, Alberta, Jan. 03, 2023 (GLOBE NEWSWIRE) -- FluroTech Ltd. ("FluroTech" or the "Company") (TSXV: TEST) announces that it has entered into a Share Purchase Agreement ("Agreement") to sell all of the shares of FluroTest Diagnostic Systems Ltd., a wholly-owned subsidiary of the Company, to an arm's length individual (the "Purchaser"). The Purchaser has agreed to pay total cash consideration of $1.00 in lawful Canadian currency. The completion of the transaction is effective December 31, 2022.
Additionally, the Company announces the cancellation of an aggregate of 3,435,050 options to purchase Common shares previously granted under the Company's stock option plan (the "Stock Option Plan") to certain directors, officers and employees (the "Cancelled Options").
Under the Stock Option Plan, the Company may grant up to an aggregate 12,068,554 stock options. As of the date of this release, the Company has 5,996,097 options outstanding, that will likely be forfeited over the next 90 days.
Cautionary Statement Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking information generally refers to information about an issuer's business, capital, technology or operations that is prospective in nature. The forward-looking information in this news release includes the completion of the Agreement, the ability of the parties to complete the transactions as contemplated in the Agreement and disclosure about the future plans of the Company. The Company made certain material assumptions, including but not limited to prevailing market conditions and general business, economic, competitive, political and social uncertainties, to develop the forward-looking information in this news release. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
The Company assumes no obligation to update or revise the forward-looking information in this news release unless it is required to do so under Canadian securities legislation.
Neither the 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 of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state and may not be offered or sold within the United States or to or for the benefit or account of U.S. persons, absent such registration or an applicable exemption from such registration requirements.
For general FluroTech inquiries:
FluroTech Ltd.
Danny Dalla-Longa, CEO
info@flurotest.com
加拿大阿爾伯塔省卡爾加裡,2023年1月3日(環球通訊社)--FluroTech Ltd.(“FluroTech“或”公司“)(多倫多證券交易所股票代碼:TEST)宣佈已簽訂股份購買協定(”協定)將本公司的全資附屬公司FluroTest診斷系統有限公司的全部股份出售給符合公平原則的個人(採購商“)。買方已同意以合法加拿大貨幣支付總現金代價1.00美元。交易完成後將於2022年12月31日生效。
此外,公司宣佈取消之前根據公司的股票期權計劃授予的購買普通股的總計3,435,050股普通股的期權。股票期權計劃)致某些董事、高級職員及僱員(已取消的選項“)。
根據股票期權計劃,公司最多可授予12,068,554份股票期權。截至本新聞稿發佈之日,該公司有5,996,097份未償還期權,這些期權可能會在未來90天內被沒收。
關於前瞻性資訊的警示聲明
本新聞稿包含加拿大證券法所指的“前瞻性資訊”。前瞻性資訊一般是指有關發行人的業務、資本、技術或業務的前瞻性資訊。本新聞稿中的前瞻性資訊包括協定的完成情況、雙方完成協定中預期的交易的能力以及對公司未來計劃的披露。為了發展本新聞稿中的前瞻性資訊,該公司做出了某些重大假設,包括但不限於當前的市場條件和一般商業、經濟、競爭、政治和社會的不確定性。不能保證這些陳述將被證明是準確的,因為實際結果和未來事件可能與這些陳述中預期的大不相同。因此,讀者不應過分依賴前瞻性陳述。
公司沒有義務更新或修改本新聞稿中的前瞻性資訊,除非加拿大證券法要求它這樣做。
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所創業板政策中定義)均不對本新聞稿的充分性承擔責任。
本新聞稿不構成出售任何證券的要約,也不構成購買任何證券的要約邀請。此處描述的證券沒有也不會根據1933年修訂的《美國證券法》或任何州的證券法進行註冊,如果沒有此類註冊或適用的豁免,不得在美國境內或為美國人的利益或賬戶進行發售或出售。
對於FluroTech的一般查詢,請訪問:
FluroTech Ltd.
丹尼·達拉-朗加,首席執行官
郵箱:Info@fluroest.com