Mr. Brayden Sutton reports
THE BC BUD CO ANNOUNCES PROPOSED CHANGE OF BUSINESS
The B.C. Bud Corp. intends to complete a change of business from a cannabis issuer to an investment issuer. Following a thorough evaluation of the company's existing operations and a review of its strategic options, the company believes that the experience and industry contacts of the board and management will enable it to identify and capitalize upon investment opportunities and ultimately bring greater value to the company's shareholders as an investment issuer.
Upon completion of the proposed change of business, the company's primary focus will be to seek returns through investments in accordance with its investment policy. Specifically, the company will operate as a diversified investment company focused on investing in digital and physical non-fiat assets, businesses and private and publicly listed entities that are involved in high-growth industries, with a particular focus on hard commodities, cryptocurrencies and the resource sector. The company may take advantage of special situations, as such opportunities arise, and make investments in other sectors that the company identifies from time to time as offering particular value. Additionally, the company will continue to operate and maximize the value of its existing cannabis assets while retaining flexibility regarding their future disposition. These assets will be evaluated and managed in alignment with the company's overall investment strategy and in accordance with its investment policy.
Name and ticker symbol change
As part of the change of business, the company will change its name to Digital Commodities Capital Corp. and begin trading under the ticker symbol RIPP, both of which remain subject to final Canadian Securities Exchange approval.
"With the dollar losing purchasing power and inflation eroding wealth, we are committed to positioning our shareholders ahead of the curve. By investing in precious metals, cryptocurrencies like XRP and strategic stakes in resource companies, we will not only hedge against currency debasement but also gain exposure to the critical commodities that power the digital revolution. We believe this strategic shift will ensure that our shareholders have access to the assets driving both the next monetary era and the infrastructure behind blockchain, AI [artificial intelligence] and advanced technology," stated Brayden Sutton, chief executive officer.
The proposed change of business constitutes a change of business under CSE Policy 8, Fundamental Changes and Changes of Business, and, as such, is subject to shareholder and CSE approval. The company intends to obtain shareholder approval by way of written consent, in accordance with CSE policies. Additionally, in connection with the proposed change of business, the company has filed a draft Form 2A listing statement with the CSE, which includes, among other things, full details of the proposed change of business, the composition of the company's initial investment portfolio, information regarding the target investment areas, the company's investment plans and use of available funds going forward, and a copy of the company's investment policy. A final copy of the listing statement will be filed on SEDAR+ under the company's profile upon receipt of final CSE approval.
About The B.C. Bud Corp.
B.C. Bud is a house of brands created by industry professionals who are passionate about the user experience.
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