The BC Bud Co Announces Receipt of Shareholder and CSE Conditional Approval for Change of Business
March 19, 2025 8:45 AM EDT | Source: The BC Bud Corporation
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2025) - The BC Bud Corporation (CSE: BCBC) (OTCQB: BCBCF) (FSE: W04) ("The BC Bud Co." or the "Company"), is pleased to announce that further to its news release dated February 21, 2025 it has received both shareholder approval and conditional approval from the Canadian Securities Exchange ("CSE") to complete its proposed change of business from a cannabis issuer to an investment issuer (the "Change of Business"). This marks an important milestone in the Company's strategic shift, reflecting strong shareholder and regulatory confidence in its vision and future direction.
The Company is diligently finalizing the remaining regulatory and procedural steps required for final approval. As part of this process, the Company has prepared a Form 2A Listing Statement. This comprehensive document outlines key details of the proposed Change of Business, including the composition of the Company's initial investment portfolio, its target investment sectors, strategic investment approach, use of available funds and the Company's investment policy. A final version of the Listing Statement will be made available under the Company's profile on SEDAR+ at www.sedarplus.ca.
"We are excited to embark on this new chapter and are grateful for the support of our shareholders as we reposition the Company for long-term growth and value creation," said Brayden Sutton, CEO of the Company.
In connection with the Change of Business, the Company will be rebranding from "The BC Bud Co." to "Digital Commodities Capital Corp." and will change its ticker symbol to "RIPP", a move that signals the Company's refreshed focus and strategic outlook. The new name and ticker are expected to take effect in the coming days. The Company remains committed to keeping shareholders informed as it advances through the final stages of this transition.
About The BC Bud Co.
The B.C. Bud Co. is a house of brands created by industry professionals who are passionate about the user experience.
On behalf of the board of directors of The BC Bud Co.
Brayden Sutton
Chief Executive Officer and Director
Disclaimer
Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the anticipated completion of the Change of Business and receipt of final approval therefor, the anticipated name change and ticker symbol change and timing thereof, that the Form 2A Listing Statement will be made available on SEDAR+ and the fact that the Company will keep shareholders updated.
In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the CSE will grant final approval for the Change of Business name change and ticker symbol change, that the name change and ticker symbol change will occur within the timeframe expected and that the Company will keep shareholders updated on the final transition of the Change of Business.
These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the CSE will not grant final approval of the Change of Business, name change and/or ticker symbol change; general economic, market or business conditions; uninsured risks; regulatory changes; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245220
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