Bitzero Blockchain Inc. (“Bitzero”) and WBM Capital Corp. (the “Company” or “WBM”) announce that they have obtained conditional approval from the Canadian Securities Exchange (the “CSE”) for the listing of the voting shares of WBM that will result from the reverse takeover of WBM by Bitzero.
In connection with the RTO, Bitzero will amalgamate with a wholly-owned subsidiary of WBM, all of the outstanding shares of Bitzero will be exchanged for shares of WBM, and WBM will change its name to “Bitzero Holdings Inc.”
Final approval from the CSE is subject to WBM and Bitzero meeting certain conditions required by the CSE, which includes completion of the RTO.
Upon receipt of final approval, it is expected that Bitzero Holdings Inc. will commence trading of its voting shares on the CSE under the ticker symbol “BITZ”.
Further press releases will announce the closing and the date on which trading will commence.
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