PUSOF - Pushfor Investments Inc. Provides Clarification on the November 8 2021 Announcement
(TheNewswire)
Surrey, B.C. - TheNewswire - November 19 , 2021 , Pushfor Investments Inc. ( CSE:PUSH ) ( OTC:PUSOF ) ( FSX:713 ) (CNSX:PUSH.CN) (the “ Company ” or“ Pushfor ”) wishes to retract disclosure andissue a clarifying statement on its announcement dated November 8,2021.
The Company wishes to correct its previous disclosureand confirm that on November 8, 2021, the Company, ProfessionalTrading Services S.A. (“ PTS ”) and AFX Networks Inc. (“ AFX ”) entered intoa definitive share purchase agreement pursuant to which the Companyhas agreed to acquire 100% of the issued and outstanding shares of AFXowned and controlled by PTS for an aggregate sum of USD $1,450,000,payable as follows upon the closing of the acquisition: the Company will remit the sum of USD $250,000 and willtransfer 15,000,000 common shares in the share capital of Pushfor toPTS valued at a per-share price of CAD $0.10, for a total share valueof approximately USD $1,200,000 (the “ Acquisition ”). TheAcquisition has been unanimously approved by the Company’s board ofdirectors. The Acquisition is set to close in the coming days, subjectto the satisfaction of customary closing conditions.
About AFX Networks Inc.
AFX is a freight logistics company that provides anintegrated cloud platform ecosystem for various logistics verticals.The AFX proprietary network platform combines a seamless environmentfor our agents, customers and vendors to disrupt a fragmented industrysector.
About Pushfor InvestmentsInc .
Pushfor invests in both publicand private companies in the technology space, along with variousother cutting-edge solutions in Canada and the United States. TheCompany’s services involve giving investors a technology-basedportfolio of the latest products in an integrated model as across-technology investment platform. The Company’s common sharestrade on the Canadian Securities Exchange (“ CSE ”) under thesymbol PUSH, in Europe on the Frankfurt Stock Exchange(“ FSX ”) under the symbol 713 and in the United States on theover-the-counter market (“ OTC ”) under the symbol PUSOF.
Cautionary Note RegardingForward-Looking Statements
All statements contained in this press release aboutanticipated future events constitute forward-looking statements.Forward-looking statements involve risks and uncertainties, as theyreflect management's current beliefs and are based on informationcurrently available to management. Actual results may differmaterially from those anticipated in the statements made. Theforward-looking statements are expressly qualified in their entiretyby this cautionary statement. The forward-looking statements are madeas of the date of this news release, and Pushfor assumes no obligationto update or revise them to reflect new events or circumstances exceptas expressly required by applicable securities law. Furtherinformation regarding the uncertainties and risks can be found in thedisclosure documents filed by Pushfor with the securities regulatoryauthorities, available at www.sedar.com .
On Behalf of the Board
Michael D. Noonan
Chief Executive Officer and ChiefFinancial Officer
For further information :
Tel: (604) 357-4730
Email: info@pushinvesting.com
pushinvesting.com
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