MRBLF - Marble Financial Update
(TheNewswire)
Vancouver, B.C. - TheNewswire - August 27, 2021 - Marble Financial Inc.(CSE:MRBL ) ( OTC:MRBLF ) ( FSE:2V0) (CNSX:MRBL.CN) (“Marble”or the “Company”) an AI-driven financialtechnology company that educates and helps Canadians better understandand manage their current cash flow and credit towards a betterfinancial future , wishes to advise that all$1,303,000 in principal amount of Convertible Debentures(“CD’s”) issued on April 07, 2021 and expiring July 07, 2022(see News Release dated April 08, 2021) have been extended to December31, 2022. Upon conversion, the term of the underlying warrants hasalso been extended from January 07, 2023 to June 30, 2023.
The Company has also granted 25,000 stock options underthe company's stock option plan to an employee. These options areexercisable at $0.17 and have a term of five years.
About Marble Financial Inc. (CSE:MRBL; OTC: MRBLF; FSE:2V0) Marbles’proprietary MyMarble platform utilizes the power ofmachine learning, data science, and artificial intelligence, inleveraging its proven data-driven strategies through technologysolutions Inverite, Score-Up, Fast Track and Maestro to engage in andnavigate a clear path towards financial wellbeing and a meaningfulcredit score, since 2016, Marble is proud to have empowered thousandsof marginalized consumers to a positive financial future, and wecontinue to establish ourselves as leaders in financial wellnessthrough the licensing of our proprietary products on the MyMarble Platform.
For further information, please visit the company’swebsite at: http://mymarble.ca
Mike Marrandino,
Executive Chairman
T:(855) 661-2390 ext. 104
Email: ir@marblefinancial.ca
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITSREGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITYFOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
Caution Regarding Forward-LookingInformation
This release contains "forward-lookinginformation" as such term is used in applicable Canadiansecurities laws. The use of any of the words "target","plans", "anticipate", "continue","estimate", "expect", "may","will", "project", "should","believe" and similar expressions are intended to identifyforward-looking statements. Such forward-looking information is basedon management's expectations and assumptions, including statementsrelating to the Company's business, operations and development plans.In making the forward-looking statements included in this newsrelease, the Company has applied several material assumptions,including but not limited to, that the Company's financial conditionand development plans do not change as a result of unforeseen events,current economic trends, and that the Company will receive allrequired regulatory approvals, including Canadian Securities Exchangeapproval. Forward-looking information is subject to a variety of risksand uncertainties and other factors that could cause plans, estimatesand actual results to vary materially from those projected in suchforward-looking information. Factors that could cause theforward-looking information in this news release to change or to beinaccurate include general economic, market or business conditions;changes in the Company's financial condition and development plans;and other risks and uncertainties as set forth in the Company's mostrecent continuous disclosure filings filed under the Company's profileat www.sedar.com . Although theCompany has attempted to take into account important factors thatcould cause actual costs or results to differ materially, there may beother factors that cause actual results not to be as anticipated,estimated or intended. There can be no assurance that such statementswill prove to be accurate as actual results and future events coulddiffer materially from those anticipated in such statements. Theforward-looking information included in this release is expresslyqualified in its entirety by this cautionary statement. Accordingly,readers should not place undue reliance on forward-lookinginformation. The Company undertakes no obligation to update theseforward-looking statements, other than as required by applicablelaw.
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