VANCOUVER, Weekend Unlimited Industries Inc. (“Weekend” or the “Company”) (CSE:POT)(FSE:0OS2)(OTCQB:WKULF)
announces that the Company intends to change its name to Potent
Ventures Inc. and subdivide its common shares on the basis of four (4)
new common shares for every one (1) existing common share (the “Share
Split”).
Registered shareholders of the Company will receive four common
shares for each common share held as of April 28, 2021 (the “Record
Date”). The Company's transfer agent, Odyssey Trust Company (“Odyssey”),
will send to each registered shareholder a share certificate
representing the number of additional common shares that they are to
receive as a result of the Share Split. Non-registered shareholders who
hold their shares through an intermediary will have their accounts
automatically updated to reflect the Share Split.
Immediately prior to completion of the Share Split, the Company has
20,077,922 common shares issued and outstanding. After giving effect to
the Share Split, the Company will have approximately 80,311,688 common
shares issued and outstanding. The new CUSIP number will be 73758F107
and the new ISIN number will be CA73758F1071. The Company will continue
to trade under the CSE stock symbol of POT.
For further information, please contact:
Mr. Charlie Lamb, President & CEO, Director
Telephone: 1(236) 317-2812 – Toll free 1(888) 556-9656
E-mail: IR@weekendunlimited.com
Neither the Canadian Securities Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the Canadian
Securities Exchange) accepts responsibility for the adequacy or accuracy
of this release.
Forward Looking Statements
Certain information set forth in this news release may contain
forward-looking statements that involve substantial known and unknown
risks and uncertainties. All statements other than statements of
historical fact are forward-looking statements, including, without
limitation, statements regarding future financial position, business
strategy, use of proceeds, corporate vision, proposed acquisitions,
partnerships, joint-ventures and strategic alliances and co-operations,
budgets, cost and plans and objectives of or involving the Company. Such
forward-looking information reflects management's current beliefs and
is based on information currently available to management. Often, but
not always, forward-looking statements can be identified by the use of
words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “predicts”, “intends”, “targets”, “aims”,
“anticipates” or “believes” or variations (including negative
variations) of such words and phrases or may be identified by statements
to the effect that certain actions “may”, “could”, “should”, “would”,
“might” or “will” be taken, occur or be achieved. A number of known and
unknown risks, uncertainties and other factors may cause the actual
results or performance to materially differ from any future results or
performance expressed or implied by the forward-looking information.
These forward-looking statements are subject to numerous risks and
uncertainties, certain of which are beyond the control of the Company
including, but not limited to, the impact of general economic
conditions, industry conditions and dependence upon regulatory
approvals. Readers are cautioned that the assumptions used in the
preparation of such information, although considered reasonable at the
time of preparation, may prove to be imprecise and, as such, undue
reliance should not be placed on forward-looking statements. The Company
does not assume any obligation to update or revise its forward-looking
statements, whether as a result of new information, future events, or
otherwise, except as required by securities laws.