AI assistant
AAPKI Ventures Inc. — Capital/Financing Update 2021
Oct 7, 2021
47260_rns_2021-10-07_015f284f-e404-4b3c-bb88-71a691281e93.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
For Immediate Release
PUSHFOR INVESTMENTS EXTENDS COMPLETION DATE FOR ACQUISITION OF EDUCATION REVOLUTION LLC
Surrey, B.C., October 7, 2021 , Pushfor Investments Inc. ( CSE: PUSH, OTC: PUSOF, FFT: 713 ) (the “ Company ” or “ Pushfor ”) further to its announcement of September 8, 2021, Pushfor announces that the parties have agreed to extend the completion date to enter into a share purchase agreement to acquire 100% interest of Education Revolution (“EdRev”) to October 31, 2021.
Pursuant to the Term Sheet, Pushfor will acquire 100% of the issued and outstanding shares of EdRev in consideration of (i) USD $1,000,000 in cash payable; (ii) USD $2,000,000 in the common shares of the Company; and (iii) funding for operations, as needed, to operate, promote, and expand the Socrates Learning Engine. Pushfor will assume long-term debt of approximately $231,000 as part of the Transaction.
Closing and completion are subject to the satisfaction of certain conditions, namely the completion of a satisfactory due diligence by the Company, the execution of the Share Purchase Agreement, and obtaining regulatory approval.
About Pushfor Investments Inc : Pushfor invests in both public and private companies in the technology space along with various other cutting-edge solutions in Canada and the United States. Our services involve giving our investors a technology-based portfolio of the latest products in an integrated model as a cross-technology investment platform. Our common shares are listed for public trading on the Canadian Securities Exchange, the U.S. over the counter market, and Germany on the Frankfurt exchange. (CSE: PUSH, OTC: PUSOF, FFT: 713)
Cautionary Note Regarding Forward Looking Statements
All statements contained in this press release about anticipated future events constitute forwardlooking statements. Forward-looking statements involve risks and uncertainties, as they reflect management's current beliefs and are based on information currently available to management. Actual results may differ materially from those anticipated in the statements made. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements are made as of the date of this news release and Pushfor assumes no obligation to update or revise them to reflect new events or circumstances except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Pushfor with the securities regulatory authorities, available at www.sedar.com.
For further information :
Tel: (604) 357-4730 Email: [email protected] Web: www.pushinvesting.com