Metasphere Labs Inc. Announces Successful Name Change and New Stock Ticker Symbol Activation

VANCOUVER, British Columbia, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce the successful completion of its corporate name change from Looking Glass Labs Ltd. to Metasphere Labs Inc. As of today, the Company's new stock ticker symbol "LABZ" is also active on the Cboe Canada. This milestone marks a significant step in the Company’s evolution and its renewed commitment towards developing Web3 applications with a positive impact on our planet.

The transition to Metasphere reflects the Company's broader vision and dedication to leveraging the latest in blockchain technology to foster sustainable and impactful solutions across various sectors. With this new identity, Metasphere aims to be at the forefront of innovation, addressing pressing global challenges through Web3 applications.

Shareholders and investors are reminded that no action is required on their part in relation to the name change. Existing share certificates bearing the old name continue to be valid and will not need to be exchanged. The Company’s ISIN and CUSIP numbers have been updated to CA59140M1086 and 59140M108, respectively, in alignment with the rebranding.

In conjunction with the rebranding, Metasphere invites its stakeholders and the broader community to visit its new website at https://metasphere.earth to learn more about the Company’s direction, projects, and the impact of its Web3 initiatives.

Natasha Ingram, CEO of Metasphere Labs Inc., commented on the rebranding, "The name Metasphere Labs Inc. encapsulates our mission to pioneer the intersection of technology and sustainability. Our focus on Web3 applications is more than just an exploration of the digital frontier; it's a commitment to creating solutions that have a meaningful, positive impact on our planet. This name change represents not just a new chapter for our company, but a renewed promise to our community and the world at large."

Metasphere looks forward to engaging with its partners, customers, and the global community under its new identity, driving innovation and positive change through Web3 technologies.

ABOUT METASPHERE LABS

Headquartered in Vancouver, British Columbia, Metasphere Labs ("LABZ") develops metaverse environments, DAO solutions, gamification, and Web3 / blockchain monetisation strategies aiming to solve social coordination problems for acting on climate change and making a positive impact on the planet.