Neptune Digital Announces Symbol Change Date and Corporate Update
January 08 2021 - 1:18PM
Neptune Digital Assets Corp. (TSX-V:DASH) (OTC:NPPTF)
(FSE:1NW) (the "
Company") is pleased to announce
that, further to its news release dated January 5, 2021, the
Company will commence trading under the ticker symbol “NDA” (TSXV:
NDA) on the TSX Venture Exchange (“
TSX-V”)
effective at the opening of trading on February 12, 2021. The
Company has successfully reserved the trading symbol “NDA” with the
TSX-V. The proposed change to the Company’s trading symbol remains
subject to the approval of the TSX-V.
No action is required from shareholders in
connection with the change to the Company’s trading symbol. Issued
certificates representing commons shares of the Company will not be
affected by the change to the Company’s trading symbol. The Company
encourages shareholders to contact their broker or agents with any
questions regarding the change to the Company’s trading symbol.
Neptune Digital continues to purchase crypto
currencies on a daily basis strategically adding to some of our
largest holdings being BTC, ATOM, USDT, DASH and ETH. The Company
has doubled its ETH position in the last 45 days and intends to
continue to dollar cost average. Neptune also holds Litecoin,
Bitcoin Cash, Stellar, NEO, QTUM, OMG, FTM as well as cash and its
investment with the Protocol Quant Fund.
“Neptune will continue to carefully and
methodically accumulate crypto and maximize growth through
reinvestment of earnings,” stated Cale Moodie, Neptune’s CEO.
About Neptune Digital Assets
Corp.
The Company has a diversified cryptocurrency
portfolio with investments made in top market cap tokens,
proof-of-stake cryptocurrencies, decentralized finance and
associated blockchain technologies.
ON BEHALF OF THE BOARD
Cale Moodie, President and CEO
Neptune Digital Assets Corp.
604.319.6955
www.neptunedigitalassets.com
Forward-Looking Statements
This release contains certain “forward looking
statements” and certain “forward-looking information” as defined
under applicable Canadian securities laws. Forward-looking
statements and information can generally be identified by the use
of forward-looking terminology such as “may”, “will”, “expect”,
“intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”,
“proposes” or similar terminology. Forward-looking statements and
information include, but are not limited to, the future prices of
crypto currency and their likelihood of staying constant or
climbing higher; the Company’s future earnings and operating costs;
the Company’s future growth in total assets; the Company’s strategy
to purchase crypto currency and optimize its crypto portfolio; the
Company’s ability effectively dollar cost average its purchases of
crypto currency; and the future outlook of the crypto currency
market generally. Forward-looking statements and information are
based on forecasts of future results, estimates of amounts not yet
determinable and assumptions that, while believed by management to
be reasonable, are inherently subject to significant business,
economic and competitive uncertainties and contingencies.
Forward-looking statements and information are subject to various
known and unknown risks and uncertainties, many of which are beyond
the ability of the Company to control or predict, that may cause
the Company’s actual results, performance or achievements to be
materially different from those expressed or implied thereby, and
are developed based on assumptions about such risks, uncertainties
and other factors set out herein, including but not limited to: the
inherent risks involved in the cryptocurrency and general
securities markets; the Company’s ability to successfully mine
digital currency; revenue of the Company may not increase as
currently anticipated, or at all; the Company may not be able to
profitably liquidate its current digital currency inventory, or at
all; a decline in digital currency prices may have a significant
negative impact on the Company’s operations; the volatility of
digital currency prices; uncertainties relating to the availability
and costs of financing needed in the future; the inherent
uncertainty of production and cost estimates and the potential for
unexpected costs and expenses, currency fluctuations; regulatory
restrictions, liability, competition, loss of key employees and
other related risks and uncertainties. The Company does not
undertake any obligation to update forward-looking information
except as required by applicable law. Such forward-looking
information represents management's best judgment based on
information currently available. No forward-looking statement can
be guaranteed and actual future results may vary materially.
Accordingly, readers are advised not to place undue reliance on
forward-looking statements or information.
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