Parlane to Resume Trading
20 Marzo 2018 - 1:00PM
Parlane Resource Corp. (TSXV:PPP) (“Parlane” or the “Company”) is
pleased to report that trading in the Company’s shares will resume,
effective at market opening on Wednesday, March 21st, 2018.
Although the Company has received conditional
acceptance of its Change of Business application (see news releases
dated January 10, January 31 and March 2, 2018.), investors are
cautioned that the resumption of trading should not be construed as
regulatory acceptance of the Change of Business to mine for
cryptocurrency (“COB”). The Company must still complete all
of the required documentation relating to the proposed COB and
obtain final Exchange approval.
Parlane is working expeditiously to meet all of
the Exchange conditions as soon as possible in order to allow
delivery of the initial 500 S9 Antminer mining rigs scheduled for
late April 2018. In conjunction with its COB application,
Parlane will also be changing its name to iMining Blockchain and
Cryptocurrency Inc. to more accurately reflect its new business
focus, and in this regard, the Exchange has reserved the trading
symbol “IMIN” for the Company.
ON BEHALF OF THE BOARD
Signed “Robert
Eadie”
Robert Eadie, President, Chief Executive Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT:Telephone:
1-604-602-4935 ♦ Facsimile: 1-604-602-4936
Website: www.parlaneresource.com
Contact: Robert Eadie
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Completion of the above transactions is subject to a number of
conditions, including final Exchange acceptance and shareholder
approval. The transactions cannot close until the required
shareholder approval is obtained. There can be no assurance
that the transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the Filing
Statement to be prepared in connection with the transactions, any
information released or received with respect to the change of
business may not be accurate or complete and should not be relied
upon. Trading in the securities of Parlane Resources Corp. should
be considered highly speculative.
The TSX Venture Exchange has in no way passed upon the merits of
the proposed transaction and has neither approved nor disapproved
the contents of this press release.
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