Trading symbol: TSX-V-NEX: ENTH.H
VANCOUVER, BC, Sept. 27, 2021 /CNW/ - Entheos Capital Corp. (the
"Company"), announces that, further to its press releases dated
February 11, 2021, June 25, 2021 and September 7, 2021, the common shares of the
Company will be delisted from the NEX in advance of the
completion of its proposed reverse takeover transaction (the
"Transaction") with The BC Bud Corporation ("BCBC").
Delisting will occur at the close on September 29, 2021 following which it is expected
that the Transaction will close and the Company will effect its
name change to 'The BC Bud Corporation'. It is anticipated that the
common shares will list on the CSE under the symbol "BCBC" on or
around September 30, 2021.
Further details of the Transaction are set out in the Company's
information circular dated June 21,
2021, a copy of which is available under the Company's SEDAR
profile at www.sedar.com and the Company's listing statement to be
filed under the Company's SEDAR profile prior to listing on the
CSE.
Forward-Looking Statements
This news release contains certain "forward looking statements"
including, for example, statements relating to the completion of
the Transaction. Such forward-looking statements involve
risks and uncertainties, both known and unknown. The results
or events depicted in these forward-looking statements may differ
materially from actual results or events. In addition to
other factors and assumptions which may be identified herein,
assumptions have been made regarding and are implicit in, among
other things: receipt of regulatory approvals, the Company's
ability to complete the Transaction, the state of the capital
markets, the impact of the COVID-19 pandemic, the ability of the
Company to successfully manage the risks inherent in pursuing
business opportunities in the cannabis industry, and the ability of
the Company to obtain qualified staff, equipment and services in a
timely and cost efficient manner to develop its business. Any
forward-looking statement reflects information available to the
Company as of the date of this news release and, except as may be
required by applicable securities laws, the Company disclaims any
intent or obligation to update any forward-looking statement,
whether as a result of new information, future events or results or
otherwise.
Entheos Capital Corp.
"Brayden R. Sutton"
_______________________________________
Brayden R. Sutton, Chief Executive
Officer
Neither the TSX Venture Exchange nor its Regulation
Services provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Completion of the Transaction is subject to a number of
conditions. There can be no assurance that the Transaction will be
completed as proposed or at all. Investors are cautioned that,
except as disclosed in the Information Circular and Listing
Statement to be prepared in connection with the Transaction, any
information released or received with respect to the Transaction
may not be accurate or complete and should not be relied upon.
Trading in the securities of the Company should be considered
highly speculative. The TSX Venture Exchange has in no way passed
upon the merits of the proposed transaction and has neither
approved nor disapproved the contents of this press release
SOURCE Entheos Capital Corp.