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Re: mick post# 130

Wednesday, 09/11/2024 1:09:39 PM

Wednesday, September 11, 2024 1:09:39 PM

Post# of 198
Toronto, Ontario--(Newsfile Corp. - September 16, 2021) - Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT5A) ("the Company or Graph ") is pleased to announce that it intends to spin off three of its businesses into two independent publicly traded entities by way of a share dividend to the shareholders of Graph. The transaction is intended to be tax-free to Graph shareholders and expected to be completed in the next six (6) months subject to regulatory approval which includes approval from the CSE.

"The Company considers DeFi to be such a diverse sector that we believe our shareholders are best served by owning three pure play companies. We believe that the best possible path to unlock equity value is to create three independent companies that are each well-equipped to capitalize on growth trends in their sectors," said Paul Haber, Chief Executive Officer.

Graph is spinning out the companies so that it can focus exclusively on Non-Fungible Tokens ("NFTs") with New World Inc. ("New World").