Montréal – TheNewswire - June 6, 2023 – ZeU Technologies, Inc. (CSE:ZEU) (OTC:ZEUCF) announces an extension to the term of 1,975,000 common share purchase warrants originally issued as part of a private placement closed on December 20, 2021. The expiry date will be extended by 12 months, as follows:
Number of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants:
1,975,000 June 20, 2023 June 20, 2024
All other terms of the Warrants will remain unchanged. In accordance with the requirements of the CSE, the terms of any warrants issued as compensation warrants or as finder warrants are not eligible for amendment. The Extension is subject to the final approval of the CSE.
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ON BEHALF OF THE BOARD OF DIRECTORS
“Frank Dumas”
Frank Dumas
President & CEO
About ZeU
ZeU is a forward-thinking Canadian technology company that has developed a state-of-the-art DLT protocol, providing the foundation for the next generation of encrypted and distributed networks. Thanks to its high level of sophistication, ZeU’s technology maximizes transparency, security and scalability as well as big data management. ZeU’s strategy is to monetize DLT transactions in diverse sectors such as payment, gaming, data, and healthcare.
The CSE has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this press release.