BIGG Digital Assets Inc. Provides an Update to the Acquisition of TerraZero Technologies Inc.
VANCOUVER, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. ("BIGG" or the "Company") (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W) is pleased to announce that TerraZero Technologies Inc. ("TerraZero") has received the requisite approval from its shareholders of a special resolution (the "Special Resolution") to approve the previously-announced amalgamation between TerraZero and a subsidiary of the Company, which will result in BIGG acquiring all of the issued and outstanding common shares ("TZ Common Shares") and preferred shares ("TZ Preferred Shares" and collectively, the "TZ Shares") of TerraZero (not including TZ Shares held by the Company) (the "Transaction").
- VANCOUVER, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. ("BIGG" or the "Company") (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W) is pleased to announce that TerraZero Technologies Inc. ("TerraZero") has received the requisite approval from its shareholders of a special resolution (the "Special Resolution") to approve the previously-announced amalgamation between TerraZero and a subsidiary of the Company, which will result in BIGG acquiring all of the issued and outstanding common shares ("TZ Common Shares") and preferred shares ("TZ Preferred Shares" and collectively, the "TZ Shares") of TerraZero (not including TZ Shares held by the Company) (the "Transaction").
- For more information regarding the terms of the Transaction please see the Company's news release dated August 25, 2023.
- The Special Resolution was approved at a special meeting (the "Meeting") of the holders of TZ Shares held at 10:00 a.m. on September 21, 2023.
- The Company expects to complete the Transaction on September 28, 2023.