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Pushfor Investments Inc. Provides Clarification on the November 8, 2021, Announcement

Pushfor Investments Inc. Provides Clarification on the November 8, 2021, Announcement

(TheNewswire)


Pushfor Investments Inc.

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 and
issue a clarifying statement on its announcement dated November 8,
2021.

The Company wishes to correct its previous disclosure
and confirm that on November 8, 2021, the Company, Professional
Trading Services S.A. (“

PTS
”) and AFX Networks Inc. (“
AFX
”) entered into
a definitive share purchase agreement pursuant to which the Company
has agreed to acquire 100% of the issued and outstanding shares of AFX
owned 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 will
transfer 15,000,000 common shares in the share capital of Pushfor to
PTS valued at a per-share price of CAD $0.10, for a total share value
of approximately USD $1,200,000 (the “
Acquisition
”). The
Acquisition has been unanimously approved by the Company’s board of
directors. The Acquisition is set to close in the coming days, subject
to the satisfaction of customary closing conditions.

About AFX Networks Inc.

AFX is a freight logistics company that provides an
integrated cloud platform ecosystem for various logistics verticals.
The AFX proprietary network platform combines a seamless environment
for our agents, customers and vendors to disrupt a fragmented industry
sector.

About Pushfor Investments
Inc.

Pushfor
invests in both public
and private companies in the technology space, along with various
other cutting-edge solutions in Canada and the United States. The
Company’s services involve giving investors a technology-based
portfolio of the latest products in an integrated model as a
cross-technology investment platform. The Company’s common shares
trade on the Canadian Securities Exchange (“
CSE
”) under the
symbol PUSH, in Europe on the Frankfurt Stock Exchange
(“
FSX
”) under the symbol 713 and in the United States on the
over-the-counter market (“

OTC
”) under the symbol PUSOF.

Cautionary Note Regarding
Forward-Looking Statements

All statements contained in this press release about
anticipated future events constitute forward-looking statements.
Forward-looking statements involve risks and uncertainties, as they
reflect management’s current beliefs and are based on information
currently available to management. Actual results may differ
materially from those anticipated in the statements made. The
forward-looking statements are expressly qualified in their entirety
by this cautionary statement. The forward-looking statements are made
as of the date of this news release, and Pushfor assumes no obligation
to update or revise them to reflect new events or circumstances except
as expressly required by applicable securities law. Further
information regarding the uncertainties and risks can be found in the
disclosure documents filed by Pushfor with the securities regulatory
authorities, available at
www.sedar.com
.

On Behalf of the Board

Michael D. Noonan

Chief Executive Officer and Chief
Financial Officer

For further information
:

Tel: (604) 357-4730

Email:
[email protected]

pushinvesting.com

Copyright (c) 2021 TheNewswire – All rights reserved.

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