TORONTO, Feb. 1, 2022 /CNW/ - Pluribus Technologies
Corp. (TSXV: PLRB) (the "Company") announces that,
as disclosed in the Company's January 25,
2022 press release, pursuant to its acquisition (the
"Acquisition") of Kesson Group Inc. and Kesson Group
Holdings Limited (the "Kesson Group"), the exercise price of
the 5,000 common share purchase warrants (the "Warrants"),
granted to the shareholders of the Kesson Group upon the closing of
the Acquisition, is $6.75 per common
share. For further details on the Acquisition, please see the
Company's press releases dated January 25,
2022 and January 28, 2022,
available under the Company's profile on SEDAR at
www.sedar.com.
Further to its press release dated January 19, 2022, on January 27, 2022, the Company fixed the exercise
price of its previously announced grant of 788,269 incentive stock
options to certain directors, officers and employees of the Company
at $5.17 per common share. The price
was determined based on the volume weighted average price from the
date of commencement of trading, January 19,
2022, through the close of markets on January 27, 2022.
About Pluribus Technologies Corp.
Pluribus is a technology company that acquires small, profitable
business-to-business software companies at reasonable prices in a
range of verticals and industries. Pluribus provides experienced
sales and marketing resources, strategic partnerships and enabling
technologies including automation, self-service and artificial
intelligence/machine learning to create new revenue streams and
enable companies to grow into significant organizations in their
respective markets. For more information, please visit:
https://www.pluribustechnologies.com/.
Cautionary Note Regarding Forward-Looking Statements
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this press
release.
This press release contains statements that constitute
"forward-statements." Such forward looking statements involve known
and unknown risks, uncertainties and other factors that may cause
the Company's actual results, performance or achievements, or
developments to differ materially from the anticipated results,
performance or achievements expressed or implied by such
forward-looking statements. There can be no assurance that such
statements will prove to be accurate and actual results, and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to
differ materially from the Company's expectations including risks
detailed from time to time in the filings made by the Company
pursuant to applicable Canadian securities laws.
Although the Company believes, in light of the experience of its
officers and directors, current conditions and expected future
developments and other factors that have been considered
appropriate that the expectations reflected in this forward-looking
information are reasonable, undue reliance should not be placed on
them because the Company can give no assurance that they will prove
to be correct. When used in this press release, the words
"estimate", "project", "belief", "anticipate", "intend", "expect",
"plan", "predict", "may" or "should" and the negative of these
words or such variations thereon or comparable terminology are
intended to identify forward-looking statements and information.
The forward-looking statements and information in this press
release include information relating to the business plans of
Company. Risks and uncertainties that may cause actual results to
differ materially from those contemplated in those forward-looking
statements and information.
By their nature, forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause our
actual results, performance or achievements, or other future
events, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements.
The forward-looking information contained in this news release
represents the expectations of the Company as of the date of this
news release and, accordingly, is subject to change after such
date. Readers should not place undue importance on forward-looking
information and should not rely upon this information as of any
other date. The Company undertakes no obligation to update these
forward-looking statements in the event that management's beliefs,
estimates or opinions, or other factors, should change.
Contact:
Craig Armitage
LodeRock Advisors
investors@pluribustechnologies.com
416.347.8954
Richard Adair
Chief Executive Officer
Pluribus Technologies Corp.
1 (800) 851-9383
SOURCE Pluribus Technologies Corp.