Monday, August 24, 2020 2:59:35 PM
and Grant of Stock Options
CSE: VYGR
OTCQB: VYGVF
Borse Frankfurt: UCD2
NEW YORK, Aug. 19, 2020 /CNW/ - Voyager Digital Ltd. ("Voyager" or the "Company") (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2) announces that
further to its press release dated July 10, 2020 all of the warrants at C$.30 that were subject to acceleration were exercised, with such exercised warrants having a value of C$2,428,608. The common shares issued on the exercise of such warrants are subject to a hold period expiring on October 16,
2020.
The Company also announces that on August 14, 2020 an aggregate of 1,750,000 incentive stock options were granted to certain of its directors and
officers, exercisable at a price of $0.90 per share for a period of 5 years.
The Company also announces that it has settled certain outstanding debts totaling C$31,635 by the agreement to issue 35,807 common shares of the Company at a deemed average price of C$0.8835 per share (the "Debt Settlement"). The settlement was with a related party, representing expenses
previously incurred on behalf of the Company.
The shares issued in connection with the Debt Settlement will be subject to resale restrictions expiring four months and one day following the date of issue.
About Voyager Digital Ltd. Voyager Digital Ltd. is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers
customers best execution and safe custody on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley
entrepreneurs who teamed to bring a better, more transparent and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us
at https://www.investvoyager.com for more information and to review the latest Corporate Presentation.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this
press release.
View original content to download multimedia:
http://www.prnewswire.com/news-releases/voyager-digital-ltd---exercise-of-all-warrants-subject-to-acceleration-and-grant-of-stock-options-301114845.html
SOURCE Voyager Digital (Canada) Ltd.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2020/19/c1395.html
%SEDAR: 00005648E
For further information: Contacts: Voyager Digital (Canada) Ltd. Contacts: Media: Anthony Feldman / Raquel Cona, (347) 487-6194 / (212) 682-6300,
afeldman@kcsa.com / rcona@kcsa.com; Investor Relations: Phil Carlson / Scott Eckstein, (212) 896-1233 / (212) 896-1210, pcarlson@kcsa.com /
seckstein@kcsa.com
CO: Voyager Digital (Canada) Ltd.
CNW 09:00e 19-AUG-20
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00005648
FEATURED POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • May 14, 2024 10:09 AM
FEATURED Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero • May 14, 2024 7:00 AM
VAYK Added New Manager for Expansion into $64 Billion Domestic Short-term Rental Market • VAYK • May 14, 2024 9:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM