VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) — Neptune Dash Technologies Corp. (TSX-V:DASH) (OTC:NPPTF) (FSE:1NW) (the “Company“) is pleased to announce that, further to its news release dated December 8, 2020, the Company has changed its name to “Neptune Digital Assets Corp..” Effective at the opening of trading on Monday, December 21, 2020, the common shares of the Company will trade on the TSX-V under the new name. The Company’s trading symbol “DASH” will remain unchanged. There is no consolidation of capital associated with the name change.
“Our new name now accurately reflects our overall strategy of being a well-diversified and low operational cost crypto currency company, with our largest holdings in some of the best performing assets of 2020 such as BTC and ATOM”, stated Cale Moodie, Neptune CEO.
No action is required from shareholders in connection with the proposed name change. Issued certificates representing commons shares of the Company will not be affected by the change of name and will not need to be exchanged. The Company encourages shareholders to contact their broker or agents with any questions regarding the proposed name change.
About Neptune Digital Assets Corp.
The Company has a diversified cryptocurrency portfolio with investments made in top market cap tokens, proof-of-stake cryptocurrencies, decentralized finance and associated blockchain technologies.
ON BEHALF OF THE BOARD
Cale Moodie, President and CEO
Neptune Dash Technologies Corp.
www.neptunedash.com
Phone: (604) 319-6955
Email: info@neptunedash.com
Forward-Looking Statements
This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”, “proposes” or similar terminology. Forward-looking statements and information include, but are not limited to, the future success of the Company’s overall strategy of being a well-diversified and low cost of operations crypto currency company. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the inherent risks involved in the cryptocurrency and general securities markets; the Company’s ability to successfully mine digital currency; revenue of the Company may not increase as currently anticipated, or at all; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties. The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
