Looking Glass Labs Ltd Update on Private Placement and Debt Settlement
November 20 2023 - 12:55PM
UK Regulatory
TIDMNFXT
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N E W S R E L E A S E
Looking Glass Labs Announces
Update on Private Placement and Debt Settlement
Vancouver, British Columbia - 20 November 2023 / Globe Newswire / - Looking
Glass Labs Ltd. ("LGL" or the "Company") (NEO: NFTX) (AQSE: NFTX) (OTC: LGSLF)
(FRA: H1N) announces that further to the announcement of 13 November 2023, the
closing of the Private Placement Offering and Debt Settlement have been extended
and are now expected to close on or around 27 November 2023. Further
announcements will be made once closing has occurred.
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in
accordance with the Company's obligations under Article 17 of MAR.
The Directors of Looking Glass Labs take responsibility for this announcement.
ABOUT LOOKING GLASS LABS
Headquartered in Vancouver, British Columbia, Looking Glass Labs ("LGL")
specialises in consumer engagement applications to leverage immersive metaverse
environments, gamification and Web 3.0 / blockchain monetisation strategies.
On behalf of
LOOKING GLASS LABS LTD.
"Dorian Banks"
Dorian Banks, Chief Executive Officer
For further information, please contact:
Dorian Banks
Toll-Free: +1 833 LGL-NFTX (833-545-6389)
Email: info@lgl.io
Novum Securities Limited, AQSE Corporate Adviser
David Coffman/ George Duxberry
Tel: +44 (0)207 399 9400
Forward-Looking Information
This press release contains statements that constitute "forward-looking
information" within the meaning of Canadian securities laws ("forward-looking
statements"), which are based upon our current expectations, estimates,
projections, assumptions, and beliefs. All information that is not clearly
historical in nature may constitute forward-looking statements. Forward-looking
statements are typically identified by the use of terms such phrases such as
"anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan",
"predict", "project", "will", "would" and "should", and similar terms and
phrases, including references to assumptions.
Forward-looking statements, by their nature, are based on assumptions and are
subject to known and unknown risks and uncertainties, both general and specific,
that contribute to the possibility that the forward-looking statement will not
occur. The forward-looking statements in this press release speak only as of the
date hereof and reflect several material factors, expectations, and assumptions.
Undue reliance should not be placed on any predictions or forward-looking
statements as these may be affected by, among other things, changing external
events and general uncertainties of the business. A discussion of the material
risks applicable to us can be found in our current Management Discussion and
Analysis and Annual Information Form, each of which have been or will be filed
on SEDAR+ and can be accessed at www.sedarplus.ca. Except as required by
applicable securities laws, forward-looking statements speak only as of the date
on which they are made and we disclaim any intention and assume no obligation to
publicly update or revise any forward-looking statement, whether as a result of
new information, future events or otherwise. Although the Company believes that
any beliefs, plans, expectations and intentions contained in this news release
are reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. The Company does not
assume any liability for disclosure relating to any other company mentioned
herein.
Risks and uncertainties about the Company's business are more fully discussed in
the Company's disclosure materials, including its reports filed with the
Canadian securities regulators and which can be obtained from www.sedarplus.com.
SOURCE: LOOKING GLASS LABS LTD.
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END
(END) Dow Jones Newswires
November 20, 2023 12:55 ET (17:55 GMT)