An anonymous director reports
GLOBAL COMPLIANCE APPLICATIONS CORP. ANNOUNCES EXTENSION OF WARRANTS
Global Compliance Applications Corp. intends to extend the expiry date of an aggregate of 7,272,108 common share purchase warrants by two years to Feb. 22, 2026.
The warrants were originally issued on Feb. 22, 2021, and are currently set to expire on Feb. 22, 2024. Each warrant entitles the holder thereof to acquire one common share in the capital of the company at a price of 17 cents per share. None of the 7,272,108 warrants outstanding are held by insiders of the company. All other terms of the warrants, including the exercise price, will remain unchanged.
About Gold Compliance Applications Corp.
Gold Compliance is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. Gold Compliance's leading solution is Efixii, an ethereum Layer 2 blockchain and EVM programming functionality that is on par with other Layer 2s, such as Polygon. Gold Compliance can quickly connect each participant from product producers, distributors, manufacturers and retailers through a series of value chain dApps that allows for data connectivity to drive better consumer experiences and sales. Gold Compliance created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (environmental, social and governance) merit badges. As an interconnected supply chain solution, the Efixii solution pays tokens for attesting to a product's value, or truthness, through a reward program. Gold Compliance works in many agricultural industries providing a value-added blockchain offering through a cost-effective SaaS (software-as-a-service) licensing model.
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