The October 14th
regulatory implementation date is leading to substantial outflows from prime and, perhaps unintentionally, tax - exempt money market funds, but the new rules also provide one of the few clear opportunities for investors.
Forward - looking information includes, but is not limited to the likelihood of the transaction closing as detailed in this news release or at all, the proposed use of proceeds and the expected closing
date of the Offering, the receipt of required
regulatory approvals including the TSX Venture Exchange, the impact of the appointments on the Company, the Company's projected asset allocations, business strategy and investment criteria, the timing for
implementation of financial auditing and corporate governance standards applicable to cryptocurrencies and Initial Coin Offerings («ICO's»), the rate of cryptocurrency adoption and the resultant effect on the growth of the global cryptocurrency market capitalization.