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Cypher Metaverse Inc. Provides Update
Cypher Metaverse Inc. Provides Update
Cypher Metaverse Inc. (CSE:CODE) ("CODE" or the "Company") is seeking products in the digital landscape to build a balanced portfolio.
One of the Company's key focuses will be to explore and develop its rights to assets within the metaverse. This initiative will enable the Company to build, explore, and create new partnerships and opportunities.
Previously announced press release dated October 21, 2024, the Company proceeded with a consolidation of its common shares (each, a "Share") on the basis of fifteen (15) pre-consolidation Shares for one (1) post-consolidation Share (the "Consolidation"). The shareholders approved the consolidation at the Annual and Special Meeting held on September 30, 2024, and the Board of Directors approved and confirmed the consolidation ratio on October 16, 2024.The Consolidation is to provide the Company with increased flexibility to seek additional financing opportunities
About Cypher Metaverse Inc.
Cypher Metaverse Inc. focuses on identifying and investing in early-stage opportunities across the digital landscape. The company leverages its strategic relationships to drive innovation and growth, creating new possibilities and opportunities.
For further information please contact:
Cypher Metaverse Inc.
George Tsafalas - Director
Phone: Toll-Free 1 (778) 373-8578
Neither the CSE nor its Regulation Services Provider (as that term is defined in policies of the CSE) accepts responsibility for the adequacy or accuracy of this press release.
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities laws. Although CODE believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because CODE can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on. The statements in this press release are made as of the date of this press release. CODE undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of CODE, except as required by securities laws.
SOURCE: Cypher Metaverse Inc.
F.Davis--SMC
