VANCOUVER, British Columbia, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Lions Gate Metals Inc. ("Lions Gate" or the "Company") (CSE:LGM) is pleased to announce that it is proposing a change of business to become an Investment Issuer. The Company intends to transition to an investment issuer focused on companies in the blockchain technology industry.
Completion of the change of business is subject to a number of conditions, including Canadian Securities Exchange and shareholder approval.
The Canadian Securities Exchange has in no way passed upon the merits of the proposed change of business and has neither approved nor disapproved of the contents of this press release.
On Behalf of the Board,
Cautionary Note Regarding Forward-Looking Statements: Some statements in this news release contain forward-looking information or forward looking statements for the purposes of applicable securities laws. These statements are in respect of the proposed change of business. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements, including, the risks and uncertainties related to the proposed change of business not being completed and the required Canadian Securities Exchange and shareholder approvals not being obtained. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the assumptions that the proposed change of business will proceed and be completed as planned; and the required Canadian Securities Exchange and shareholder approvals will be obtained. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable law.