Mr. Brian Mosoff reports
ETHER CAPITAL CORPORATION ADOPTS AUTOMATIC SHARE BUYBACK PLAN FOR NCIB
On June 15, 2023, Ether Capital Corp. announced that it had received regulatory approval to commence a normal course issuer bid (NCIB). The company also announced its intention to purchase up to 2,566,662 of its common shares, representing 7.5 per cent of its total issued and outstanding common shares. On June 29, 2023, Ether Capital entered into an agreement with a Canadian dealer for an automated securities purchase plan. Such agreement will permit the Canadian dealer to purchase the company's shares on prearranged terms during periods that the company adheres to a trading blackout for its employees.
Trading blackout periods commence on the first day of a fiscal quarter, such as July 1, 2023, and end two business days after the company announces its quarterly or annual financial results.
About Ether Capital Corp.
Ether Capital is a public company that invests its balance sheet in ethereum's native utility token ether as a core strategic asset while generating yield through staking the majority of its ether balance with the primary goal of being a net accumulator of ether. It develops unique intellectual property in its pursuit to maximize profits and optimize total return from staking. Ether Capital's management team and board of directors are composed of crypto natives, leading venture capitalists and traditional finance experts, which uniquely positions the company to identify and capitalize on opportunities in the digital asset ecosystem.
We seek Safe Harbor.
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