checkAd

     101  0 Kommentare DLT Resolution Inc. Provides Shareholder Update - Seite 2

    Drew Reid, Executive Chairman of DLT, commenting on the foregoing, expressed gratitude to the Ontario Securities Commission for its support and commitment to maintaining robust capital markets. Mr. Reid emphasized the importance of refocusing DLT's efforts on its ongoing growth initiatives while remaining hopeful for future opportunities for disenfranchised shareholders within Ciscom: "The unwinding of the Share Exchanges and the subsequent arrangements with the Subject Shareholders of Ciscom allow us to control share dilution and sharpen our focus on the many growth opportunities we are pursuing. While the Ciscom shares held by the Concerned Shareholders cannot be consolidated at this stage without great expense and regulatory burdens, the voice of the Concerned Shareholders has consolidated and is growing. DLT will continue to keep a watchful eye on Ciscom-related developments and will not hesitate to advance the interests and objectives of the Concerned Shareholders."

    Additional Information - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues

    The following is provided pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an Early Warning Report regarding the unwinding of the share exchanges described above (the "Unwinding"), DLT Resolution Inc., of 5940 S Rainbow Blvd, Ste. 400, Las Vegas, NV 89118, United States. Immediately prior to the Unwinding, DLT beneficially owned and/or exercised control or direction over 21,682,615 (42.05%) common shares of Ciscom Corp, of 20 Bay St. Suite 1110 Toronto, Ontario, M5J 2N8, Canada . Immediately after the Unwinding, DLT beneficially owned and/or exercised control or direction over nil common shares of Ciscom, representing 0% of the issued and outstanding ‎common shares on a non-‎diluted basis. The closing price per Ciscom common share on the Canadian Securities Exchange on May 2, 2024 was $0.09.

    A copy of the Early Warning Report disclosing the unwinding transaction described herein will be filed on Ciscom's SEDAR+ profile at www.sedarplus.ca and can be obtained from DLT at 5940 S Rainbow Blvd Ste. 400, Las Vegas, NV, 89118, United States, or phone: 1 (800) 463-5465.

    About DLT Resolution Inc.

    Amplifying Value - Where strategic acquisitions meet innovation in the dynamic world of technology and beyond. As a US publicly traded acquisition company, we specialize in revitalizing and amplifying businesses. Our mission is to navigate through suppressed profits and tightening credit markets, empowering small to mid-sized companies with seamless succession plans. By offering them the opportunity to transition their existing ownership for publicly traded shares, we ensure increased valuations and liquidity, driving growth and profitability for all stakeholders. Join us in reshaping the future of business.

    Seite 2 von 3



    Accesswire
    0 Follower
    Autor folgen
    Mehr anzeigen
    We’re a newswire service standout and fast becoming an industry disruptor. We provide regional, national and global news to thousands of clients around the world. We’re also leading the way in social engagement, targeting and analytics.
    Mehr anzeigen

    Verfasst von Accesswire
    DLT Resolution Inc. Provides Shareholder Update - Seite 2 LAS VEGAS, NV / ACCESSWIRE / May 3, 2024 / DLT Resolution Inc. (OTC PINK:DLTI) ("DLT"), a US publicly traded acquisition company specializing in revitalizing and amplifying businesses, today provided an update with respect to its previously …