Reklaim Signs Letter of Intent to Acquire Multimedia Lists Inc. - Seite 2

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Ira Levy, CFO

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Investor Relations:

Sean Peasgood, Sophic Capital  

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This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include statements based on current expectations involving several risks and uncertainties without limitation and are not guarantees of Reklaim’s future performance. Actual results and future events could differ materially from those anticipated in such information. These statements are based upon the current
expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to: Reklaim’s ability to obtain TSX Venture Exchange approval for the acquisition of MML; Reklaim’s ability to close the acquisition of MML; the total consideration required to acquire MML may vary and may be higher than anticipated; MML’s ability to remain cash flow positive; Reklaim’s ability to effectively integrate MML’s business and double its revenue immediately following closing of the acquisition of MML; the effects of changes in privacy laws governing data brokers and other privacy businesses, including but not limited to effects on revenue and compliance; expectations regarding current and future trends in the privacy market and business landscape; Reklaim’s ability to execute on its strategic plan; the effects of changes in Apple’s privacy policy, the removal of certain third-party cookies from Google’s browser, state-level privacy changes and other developments affecting the privacy industry and companies; the uncertainty surrounding the spread of COVID-19 and the impact it will have on Reklaim’s operations and economic activity in general; and the risks and uncertainties discussed in Reklaim’s most recent annual and quarterly reports filed with the Canadian securities regulators and available on Reklaim’s profile on SEDAR at www.sedar.com, which risks and uncertainties are incorporated herein by reference. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by law, Reklaim does not intend and undertakes no obligation to update any forward-looking statements to reflect, in particular, new information or future events.