(TheNewswire)
Vancouver, BC – TheNewswire - May 3, 2021 - G2 Technologies Corp. (CSE:GTOO ) (CNSX:GTOO.CN) ( OTC:GTGEF ) ( FWB:1NZ.F) (the “ Company ” or“ G2 ”) is pleasedto report that the British Columbia Securities Commission hasdiscontinued proceedings against the Company in connection with the“BridgeMark Group” securities litigation.
On November 26, 2018, the Executive Director of theBritish Columbia Securities Commission had issued a Temporary Orderand Notice of Hearing under section 161 of the Securities Act (British Columbia) (the “Temporary Order”), namingvarious respondents, including the Company.
On April 29, 2021, the British Columbia SecuritiesCommission filed a Notice of Discontinuance in the Supreme Court ofBritish Columbia whereby the proceedings against the Company inconnection with the Temporary Order were discontinued .
“We are pleased to put these proceedings behind us aswe work to enhance shareholder value through the implementation of ourbusiness plan”, says Slawek Smulewicz, Chief Executive Officer andDirector of the Company.
On Behalf of the Board,
“ SlawekSmulewicz ”
Slawek Smulewicz
Chief Executive Officer and Director
O: +1 778 7754985
About G2Technologies Corp.
G2 Technologies Corp. isfocused on developing opportunities in energy and emerging technologysectors. G2’s head office is located in Vancouver, Canada.
The Canadian Securities Exchange hasneither approved nor disapproved the information contained herein.
Forward-Looking StatementsCaution . This news releaseincludes forward-looking statements that are subject to risks anduncertainties. All statements within, other than statements ofhistorical fact, are to be considered forward-looking. The Companyprovides forward-looking statements for the purpose of conveyinginformation about current expectations and plans relating to thefuture and readers are cautioned that such statements may not beappropriate for other purposes. By its nature, this information issubject to inherent risks and uncertainties that may be general orspecific and which give rise to the possibility that expectations,forecasts, predictions, projections or conclusions may not prove to beaccurate, that assumptions may not be correct and that objectives,strategic goals and priorities may not be achieved. These risks anduncertainties include but are not limited those identified andreported in the Company’s public filings under the Company’s SEDARprofile at www.sedar.com. Although the Company has attempted toidentify important factors that could cause actual actions, events orresults to differ materially from those described in forward-lookinginformation, there may be other factors that cause actions, events orresults not to be as anticipated, estimated or intended. There can beno assurance that such information will prove to be accurate as actualresults and future events could differ materially from thoseanticipated in such statements. The Company disclaims any intention orobligation to update or revise any forward-looking information,whether as a result of new information, future events or otherwiseunless required by law.
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