BULLETIN V2024-1156
TOKENS.COM CORP. ("COIN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 19, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length acquisition of Simulacra Corporation. The consideration paid is 75,000,000 common shares and 7,500,000 stock options with an exercise price of US$0.15 and expiry date of 10 years from the closing date. Additionally, pursuant to the Share Purchase Agreement, the Company may issue 10,000,000 common shares if revenue targets of US$8 million are achieved within any 12-month period during the first 24 months following the closing date, and additional 10,000,000 common shares if revenue targets of US$10 million are achieved within any 12 month period between months 24 and 48 following the closing date.
For further details, please refer to the Company's news releases dated April 5, 2024 and April 18, 2024.
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