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Good2Go4 Corp. Completes Initial Public Offering; Common Shares Commence Trading

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Toronto, Ontario–(Newsfile Corp. – October 27, 2021) – Good2Go4 Corp. (TSXV: GFOR.P) (the “Corporation“) is pleased to announce that it has successfully completed its initial public offering of 2,150,000 common shares (the “Common Shares“) at $0.10 per share for gross proceeds of $215,000 (the “Offering“). As a result of this issuance, the Corporation has 6,000,000 Common Shares issued and outstanding of which 3,850,000 Common Shares are subject to escrow restrictions as disclosed in the Corporation’s final prospectus dated September 28, 2021, a copy of which may be obtained at www.sedar.com. Haywood Securities Inc. (the “Agent“) acted as agent for the Offering. In connection with the Offering, the Agent received a cash commission of $21,500, a corporate finance fee of $12,500 and 215,000 compensation warrants (the “Agent’s Warrants“). The Agent’s Warrants will expire 24 months from the date the Corporation’s Common Shares are listed on the TSX Venture Exchange (the “Exchange“).

The Corporation is a capital pool company pursuant to Policy 2.4 of the Exchange (the “CPC Policy”). Except as specifically contemplated in the CPC Policy, until the completion of its “Qualifying Transaction” (as defined in the CPC Policy), the Corporation will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed Qualifying Transaction.

The Corporation has also granted stock options to acquire an aggregate of 600,000 Common Shares at an exercise price of $0.10 per share to the directors and officers of the Corporation, which will expire 10 years from the date of grant.

The Corporation’s common shares have commenced trading on the Exchange under the symbol “GFOR.P”.

Investors are cautioned that trading in the securities of a capital pool company is considered highly speculative.

For further information, please contact:

Sandra J. Hall
Director
Tel.: 416-364-4039

Forward-Looking Statements

This release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical fact, that address events or developments that management of the Corporation expect, are forward-looking statements. Actual results or developments may differ materially from those in forward-looking statements. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.

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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.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101025

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