An anonymous director reports
GLOBAL COMPLIANCE APPLICATIONS CORP. ANNOUNCES EXTENSION OF WARRANTS
Global Compliance Applications Corp. intends to extend the expiry date of an aggregate of 3,412,500 common share purchase warrants by two years to Aug. 15, 2026.
The warrants were originally issued on Aug. 15, 2022, and were originally set to expire on Aug. 15, 2024. Each warrant entitles the holder thereof to acquire one common share in the capital of the company at a price of five cents per common share. None of the warrants are held by insiders of the company. All other terms of the warrants, including the exercise price, will remain unchanged.
About Global Compliance Applications Corp.
Global Compliance Applications is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. Global Compliance Applications' leading solution is Efixii, an ethereum Layer 2 blockchain and EVM (ethereum virtual machine) programming functionality that is on par with other Layer 2s, such as Polygon. Global Compliance Applications can quickly connect each participant from product producers, distributors, manufacturers and retailers through a series of value chain dApps (decentralized apps) that allows for data connectivity to drive better consumer experiences and sales. Global Compliance Applications created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (environmental, social and governance) merit badges. As an interconnected supply chain solution, the Efixii solution pays tokens for attesting to a product's value or truthness through a reward program. Global Compliance Applications works in many agricultural industries providing a value-added blockchain offering through a cost-effective SaaS (software as a service) licensing model.
We seek Safe Harbor.
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