BIGG Digital Assets Inc. (“BIGG” or the
“Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), a
leading innovator in the digital assets space and owner of
Netcoins, Blockchain Intelligence Group and TerraZero, is
pleased to announce that the TSX Venture Exchange (“TSXV”) has
approved the Company’s application to list its common shares (the
“Shares”) on the TSXV.
It is anticipated that the TSXV listing will
further increase the Company’s visibility in the capital markets
both domestically and globally.
The Shares are expected to commence trading on
the TSXV effective market open on September 17, 2024.
The Company’s trading symbol “BIGG” will remain
unchanged and its shareholders will not be required to take any
action in connection with BIGG’s listing on the TSXV. The Shares
will continue to be listed on the OTCQX in the United States under
the symbol “BBKCF” and on the Frankfurt Stock Exchange under the
symbol “A2PS9W”.
"BIGG Digital Assets is excited to commence
trading on the highly regarded TSX Venture Exchange,” commented Dan
Reitzik, Interim CEO. “The TSXV listing will allow the Company to
expand its shareholder base and enhance shareholder value,
particularly as we continue to grow our operations in the United
States. It's important to also expand investor reach and trading
availability in the United States, Canada, and beyond - for both
retail and institutional investors."
In connection with the listing of the Shares on
the TSXV, the Company has submitted a request to voluntarily delist
the Shares from the Canadian Securities Exchange (“CSE”). The CSE
delisting is expected to be effective at the close of market on
September 16, 2024.
On behalf of the Board
Dan ReitzikInterim
CEOir@biggdigitalassets.com
About BIGG Digital Assets
Inc. BIGG Digital Assets Inc. (BIGG) believes in a
blockchain future - investing in products and companies to support
this vision. Crypto, Web3 and tokenization are leading innovations
in the digital transformation of the internet. BIGG has three
portfolio companies: Netcoins (netcoins.com), Blockchain
Intelligence Group (blockchaingroup.io), and TerraZero
(terrazero.com).
Blockchain Intelligence Group
is an industry leading digital asset forensics, anti-money
laundering detection, and cryptocurrency investigations company. At
the heart of our operations is a deep-rooted expertise in
visualizing digital assets and market related activities. This
expertise is leveraged to monitor transactional data with a
constant eye to assisting our customers with risk management, due
diligence, and forensic services for digital assets.
Netcoins offers safe and secure
crypto trading in Canada and the USA, with a mission to make
cryptocurrency easily accessible to the mass consumer and investor
with a focus on compliance and safety. Netcoins has a robust
product offering with Crypto Trading (US and CA), Netcoins Pay (CA)
and Netcoins Staking (CA). Netcoins utilizes BitRank Verified®
software at the heart of its platform and facilitates crypto
trading via its cutting-edge mobile and web applications. For more
information please visit our website www.netcoins.com.
TerraZero Technologies Inc. is
a vertically integrated Metaverse development group and leading
Web3 technology company specializing in helping brands create
immersive experiences. TerraZero’s Metaverse-agnostic vision is to
develop and implement products and services with scalable
commercial applications to flourish engagement across gamified
experiences where enterprise-level businesses, metaverse platforms,
and Web3 creators can seamlessly bridge and actionably grow their
virtual world and the physical world endeavors together as one.
TerraZero owns digital real estate for brands to establish presence
in existing virtual worlds and can also offer brands their own
private worlds to provide offices and services to those interested
in the metaverse. Furthermore, TerraZero acquires, designs, builds,
and operates virtual assets and solutions to monetize the metaverse
ecosystem. TerraZero’s businesses are segmented into five (5)
divisions which include: (1) immersive experience creation in
existing or private virtual worlds; (2) advertising; (3) data
analytics; (4) events and marketing; and (5) development of the
Intraverse. TerraZero aims to support the community, foster
innovation, and drive adoption. For more information, please visit
https://terrazero.com/ or contact hello@terrazero.com.
For more information and to register for BIGG’s
mailing list, please visit our website at
https://www.biggdigitalassets.com. Or visit SEDAR+ at
www.sedarplus.ca.
Future operating results could also be
materially affected by the price of cryptocurrency and the demand
(or lack thereof) for cryptocurrency. In addition, BIGG’s past
financial performance may not be a reliable indicator of future
performance.
Forward-Looking Statements:
Certain statements in this release are
forward-looking statements, which include the listing of the Shares
on the TSXV and the delisting of the Shares from the CSE, expected
opportunities, outcomes, potential and benefits to the Company and
its shareholders from listing on the TSXV, the expected adoption
and growth of cryptocurrency and the Company’s products and
services, the development and completion of products and services,
the launch of products and services and the expected timelines,
events, plans, courses of action, and the potential of the
Company’s technology and operations and other matters.
Forward-looking statements consist of statements that are not
purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Such
information can generally be identified by the use of
forwarding-looking wording such as “may”, “expect”, “estimate”,
“anticipate”, “intend”, “believe” and “continue” or the negative
thereof or similar variations. Readers are cautioned not to place
undue reliance on forward-looking statements, as there can be no
assurance that the plans, intentions or expectations upon which
they are based will occur. By their nature, forward-looking
statements involve numerous assumptions, known and unknown risks
and uncertainties, both general and specific that contribute to the
possibility that the predictions, estimates, forecasts, projections
and other forward-looking statements will not occur. These
assumptions, risks and uncertainties include, among other things,
the state of the economy in general and capital markets in
particular, the ability to manage operating expenses, which may
adversely affect the Company’s financial condition, the ability to
remain competitive as other better financed competitors develop and
release competitive products, volatility in the trading price of
the Shares, the demand and pricing of cryptocurrency, the Company’s
ability to successfully define, design and release new products in
a timely manner that meet customers’ needs; the ability to attract,
retain and motivate qualified personnel; competition in the
industry; and other factors, many of which are beyond the control
of BIGG. Forward-looking statements contained in this press release
are expressly qualified by this cautionary statement. Undue
reliance should not be placed on the forward-looking information
because BIGG can give no assurance that they will prove to be
correct. The securities of BIGG are considered highly speculative
due to the nature of BIGG’s business. For further information
concerning these and other risks and uncertainties, refer to the
Company’s website and filings on www.sedarplus.ca. In addition,
BIGG’s past financial performance may not be a reliable indicator
of future performance.
Important factors that could cause actual
results to differ materially from BIGG’s expectations include
consumer sentiment towards BIGG’s products and Cryptocurrency and
Blockchain technology generally, technology failures, the lack of
demand for the Company’s products and services, fluctuations in the
price of cryptocurrency, the ability to successfully define,
design, and release new products in a timely manner that meet
customers’ needs; the ability to attract, retain, and motivate
qualified personnel; competition in the industry; the impact of
technology changes on the products and industry; failure to develop
new and innovative products; the ability to successfully maintain
and enforce our intellectual property rights and defend third-party
claims of infringement of their intellectual property rights; the
impact of intellectual property litigation that could materially
and adversely affect the business; the ability to manage working
capital; and the dependence on key personnel; competition; the
demand and pricing of cryptocurrencies and non-fungible tokens
(“NFTs”) (including digital assets); litigation; security threats,
including a loss/theft of NFTs, cryptocurrencies, and other assets;
and failure of counterparties to perform their contractual
obligations.
The forward-looking statements contained in this
press release are made as of the date of this press release. Except
as required by law, BIGG disclaims any intention and assumes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
Additionally, BIGG undertakes no obligation to comment on the
expectations of, or statements made by, third parties in respect of
the matters discussed above.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
The CSE does not accept responsibility
for the adequacy or accuracy of the content of this Press
Release.
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