12:45:38 EDT Fri 04 Jul 2025
Enter Symbol
or Name
USA
CA



Buzz Capital 2 Inc
Symbol BUZH
Shares Issued 10,320,000
Close 2025-06-16 C$ 0.055
Market Cap C$ 567,600
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ORIGINAL: Buzz Capital 2 Inc. Announces Approval of Stock Option Plan and Option Grants

2025-07-03 19:39 ET - News Release

Toronto, Ontario--(Newsfile Corp. - July 3, 2025) - Buzz Capital 2 Inc. (TSXV: BUZH.P) ("Buzz2" or the "Corporation"), a capital pool company ("CPC") pursuant to Policy 2.4 – Capital Pool Companies of the TSX Venture Exchange (the "TSXV"), announces that the previously announced stock option plan (the "Plan") was approved by the Corporation's shareholders at Buzz2's annual and special shareholders' meeting.

Grant of Stock Options

The Corporation also announces that its board of directors has approved the grant of an aggregate of 1,030,000 stock options (the "Options") to its directors. The Options are to purchase up to an aggregate of 1,030,000 common shares of the Corporation at an exercise price of $0.05 per share until July 3, 2035, subject to any earlier termination in accordance with the Plan. All Options vested immediately on the date of grant.

The grant of Options to the directors constitutes a related party transaction pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the grant of Options to related parties in reliance on the exemptions contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, respectively.

Buzz Capital 2 Inc.

Buzz2 was incorporated under the Canada Business Corporations Act on May 8, 2018 and is a CPC (as defined in the policies of the TSXV) listed on the TSXV. Buzz2 has no commercial operations and no assets other than cash.

For further information contact:
Zachary Goldenberg
647-987-5083
zach@libertyvp.co

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257756

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