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KMT-Hansa Corp
Symbol KMC
Shares Issued 35,169,716
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KMT-Hansa creates e-commerce marketing platform

2020-12-16 13:47 ET - News Release

Subject: Press Release/News Attached for Distribution on Stockwatch.com Word Document File: '\\doc\emailin\20201216 104016 Attachment KMT - reactivation press release (W0404747xB74B6).docx' {W0404747} KMT-HANSA CORP. NEWS RELEASE KMT-HANSA ANNOUNCES COMPLETION OF AN E-COMMERCE MARKETING PLATFORM USING BLOCKCHAIN TECHNOLOGY FOR IMMEDIATE RELEASE NEX: KMC.H DECEMBER 16, 2020 Anguilla, British West Indies - KMT-Hansa Corp. ("KMT" or the "Company") announced today that through its Canadian wholly owned subsidiary, Coetus Global Inc., it has completed setting up an eCommerce marketing platform using blockchain technology to service clients across the globe. The Company is in the process of reviving its original business model as an eCommerce technology company. All tasks in setting the software platform have been completed and new capital for recommencement of operations is not required at this time. The Company's intention is to submit a reactivation application pursuant to the policies of the TSX Venture Exchange ("TSX-V") in order for the Company's listing to be moved back to the TSX-V from the NEX. Any such reactivation remains subject to TSX-V approval, and the Company cannot provide any assurances that such approval will be granted or the timing of any potential reactivation. FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements with respect to the Company. These forward-looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with the Company's business plan and matters relating thereto, and risks associated with the need for additional financing, reliance on key personnel, the potential for conflicts of interest among certain officers or directors, as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Company's public filings on SEDAR. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements. For further information please contact: Edward Tim Sing Chan, Director and Chief Executive Officer 416.417.4588 Email: chan@kmthansacorp.com More information about KMT-Hansa Corp. can be found at www.kmthansacorp.com and the Company can be contacted by email at chan@kmthansacorp.com. THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. 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.

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