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Trustbix Inc
Symbol	TBIX
Shares Issued	131,569,330
Close 2024-01-24	C$ 0.01
Market Cap	C$ 1,315,693
Recent Sedar+ Documents

Trustbix amends private placement

2024-01-24 17:26 ET - News Release

Subject: TrustBIX Inc. Press Release PDF Document File: Attachment 2024-01-24_TrustBIX_Announces_Change_of_Transfer_Agent_Private_Placement_Amendment.pdf FOR IMMEDIATE RELEASE: January 24, 2024 TRUSTBIX INC. ANNOUNCES AMENDMENT TO PRIVATE PLACEMENT AND CHANGE OF TRANSFER AGENT Edmonton, Alberta Canada TrustBIX Inc. ("TrustBIX" or the "Company") (TSXV:TBIX) announces an amendment to the non-brokered private placement, previously announced on December 18, 2023, and the replacement of its registrar and transfer agent. Amendment to Private Placement The Company has amended the terms of its non-brokered private placement ("Private Placement") previously announced on December 18, 2023. The amended Private Placement will now be comprised of up to 10,000,000 common shares ("Common Shares") at a price of $0.01 per Common Share for gross proceeds of up to $100,000, subject to regulatory approval. The Common Shares issued pursuant to the Private Placement will be subject to a statutory hold period lasting four (4) months and one (1) day following the closing date. The Company intends to use the proceeds from the Private Placement for general working capital and growing the business. The Common Shares issued under the Private Placement will be sold to investors pursuant to prospectus exemptions available under National Instrument 45-106, including exemptions for: accredited investor, employee, executive officer, director and consultant, and existing security holders. Change of Transfer Agent The Company has replaced Computershare Trust Company of Canada as the registrar and transfer agent of the Company's common shares with Odyssey Trust Company. Shareholders do not need to take any action with respect to the change in registrar and transfer agent services. All inquiries and correspondence relating to the shareholder records, transfer of shares, loss certificates or change of address should now be directed to Odyssey Trust Company. About TrustBIX (TSXV: TBIX) TrustBIX is an agricultural technology company providing Gate to Platetrademark solutions to create a world where we trust more, waste less, and reward sustainable practices. Our award-winning technologies offer practical tools trusted by local and international agri-food organizations. www.TrustBIX.com Forward-Looking Information This press release contains certain forward-looking information and reflects the Company's present assumptions regarding future events. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results, levels of activity, performance, and/or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. Certain statements contained in this document constitute forward-looking statements and information within the meaning of the applicable Canadian securities legislation. When used in this document, the words "may", "would", "could", "should", "will", "intend", "plan", "propose", "anticipate", "believe", "forecast", "estimate", "expect" and similar expressions used by any of the Company's management, are intended to identify forward-looking statements. Such statements reflect the Company's internal projections, expectations, future growth, performance and business prospects and opportunities and are based on information currently available to the Company. Since they relate to the Company's current views with respect to future events, they are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Company does not intend, and does not assume any obligation, to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments except as required by applicable securities legislation, regulations or policies. FOR MORE INFORMATION CONTACT: Mr. Hubert Lau President and CEO Telephone: (780) 456-2207 Email: info@trustbix.com 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 of accuracy of this release. Address 2nd Floor, 10607 82 Street NW, Edmonton, AB T6A 3N2 Toll-Free 866.456.2207 Website www.trustbix.com