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
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