Kure Technologies : holder Canal Front acquires 600,000 shares
December 06, 2019 at 08:21 am EST
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This news release is being disseminated by Mr. Blair Naughty (the Acquiror) pursuant to National Instrument 62-103 (the Early Warning System and Related Take-Over Bid and Insider Reporting Issues), in connection with the acquisition of certain common shares of Kure Technologies, Inc. (the Issuer).
On December 5, 2019, the Acquiror acquired ownership and control over 600,000 common shares of the Issuer (the 'Common Shares') at a price of $0.03 per Common Share for total consideration of $18,000. The Common Shares were acquired through the public market on the NEX Exchange on which the Issuer's Common Shares are listed. Prior to the acquisition of the Common Shares, the Acquiror, through corporate holdings, owned and controlled 1,000,000 common shares of the Issuer representing 6.62% of the then issued and outstanding common shares of the Issuer, being 15,097,800 shares as of December 4, 2019. Immediately following the acquisition of the Common Shares, the Acquiror owned and controlled a total of 1,600,000 common shares or approximately 10.59% of the then issued and outstanding shares of the Issuer. The Acquiror has acquired the Common Shares for investment purposes and in accordance with applicable securities laws. The Acquiror may, from time to time, acquire additional common shares and/or other equity, debt or other securities or instruments (collectively, 'Securities') of the Issuer in the open market or otherwise, and reserves the right, subject to applicable securities law, to dispose of any or all of its Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of the Issuer and other relevant factors. A copy of the early warning report dated December 5, 2019 to be filed by the Acquiror in connection with the acquisition of the Common Shares of the Issuer will be available on SEDAR at www.sedar.com under the Issuer's profile.
Kure Technologies, Inc. is a Canada-based company, which is seeking business opportunities. The Company's subsidiary is UBS Wireless Services Inc. The Company has not generated any revenue.
KURE TECHNOLOGIES, INC. 
