Pioneer Announces Escrow Release
June 06 2022 - 5:39PM
Pioneer Media Holdings Inc. (NEO: JPEG, AQSE: PNER)
(“
Pioneer” or the “
Company”)
announces accelerated releases of its common shares from escrow,
with respect to escrow agreements (collectively, the
“
Escrow Agreements”) entered into by the Company
with respect to its previous listing on the Canadian Securities
Exchange and the filing of a prospectus in 2019, when the Company
was known as “Haro Metals Corp.”
As the Company’s common shares are now listed
for trading on the Aequitas Neo Exchange, the release schedule will
be modified under the Escrow Agreements to match that of an
“established issuer” release schedule. As such, 4,724,445 common
shares will be released from escrow imminently, with the remaining
3,358,125 common shares to be released from escrow on October 12,
2022.
The Company’s directors take full responsibility
for this announcement.
About Pioneer Media Holdings
Inc.
Pioneer is technology incubator creating a full
Web3 ecosystem focusing on NFT, NFT Gaming, DAO and tokenized
communities. Pioneer’s experienced management team leverages its
global network and expertise to provide investors with direct
access to a portfolio of innovative, early-stage to mid-level
growth companies in the space.
Additional information about Pioneer is
available at www.p10neer.com or www.sedar.com.
ON BEHALF OF PIONEER MEDIA HOLDINGS INC.
“Darcy Taylor”
CEO & Director
First Sentinel Corporate Finance Ltd (AQSE
Corporate
Adviser) Brian
Stockbridge / Gabrielle
Cordeiro +44 7876
888 011
The information contained within this
announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No. 596/2014. Upon the publication of this announcement via a
Regulatory Information Service, this inside information is now
considered to be in the public domain.
Certain statements in this release are
forward-looking statements, which reflect the expectations of
management regarding the matters described herein. Forward-looking
statements consist of statements that are not purely historical,
including any statements regarding the payment of consideration
regarding the Crowdform acquisition described above. Such
statements are subject to risks and uncertainties that may cause
actual results, performance or developments to differ materially
from those contained in the statements. No assurance can be given
that any of the events anticipated by the forward-looking
statements will occur or, if they do occur, what benefits the
Company will obtain from them. These forward-looking statements
reflect management's current views and are based on certain
expectations, estimates and assumptions which may prove to be
incorrect. A number of risks and uncertainties could cause our
actual results to differ materially from those expressed or implied
by the forward-looking statements, including factors beyond the
Company's control. These forward-looking statements are made as of
the date of this news release.
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