Axe Announces Its Intention to Evaluate New Business Opportunities and Eventually Redirect Its Business to the Cryptocurrency and Blockchain
Axe is currently in the process of evaluating the company in order to eventually benefit from this tremendous growth potential. Given that the Corporation has no experience in these areas, management is focused on attracting some of the industry's top expertise.
When management will have targeted a specific project, the Board will be notified and the project will be submitted to it for approval, before being submitted to the shareholders.
The company cannot establish a timeline and cost estimates, as no project has yet been targeted.
In the event where Axe identifies some opportunities or the establishment of business relationships in the field of cryptocurrency and blockchain, any transaction would be subject to the policies and prior approval of the TSX Venture Exchange.
The corporation has no experience in this field and no assurance can be given to the effect that the company will integrate the fields of cryptocurrency and blockchain.
Currently, no transaction is in place and there is no certainty that a new project will be concluded in the future.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact
Axe Exploration Inc.
David Mc Donald, President and CEO
450.622.5785
info@axeexploration.com
www.axeexploration.com