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Buzz Capital and Novamind Terminate Letter of Intent

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Ottawa, Ontario–(Newsfile Corp. – June 16, 2020) –  Buzz Capital Inc. (TSXV: BUZ.P) (the “Corporation“) announced today that the proposed business combination between the Corporation and Novamind Ventures Inc. originally announced on May 18, 2020, will not be proceeding. After determining that the regulatory requirements to complete the transaction could not be completed on a timely basis, the parties have mutually agreed to terminate the Letter of Intent dated May 8, 2020.

The Corporation will continue to search for prospective opportunities to complete its qualifying transaction and maximize value for shareholders.

For further information, please contact:

Buzz Capital Inc.
Chuck Rifici
CEO, CFO and Director
Tel: (613) 239-0531

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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/57984

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