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TORONTO, July 26, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce that it has entered into a new agreement (the “Agreement”) with Passive Income Investor Inc. (“Passive Income Investor”) to provide investor relations services to the Company. Pursuant to the Agreement, the Company will pay a fixed fee of $7,533 per month.
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Passive Income Investor is entirely arm’s length to ThreeD. Passive Income Investor may be contacted at thepassiveincomechannel@gmail.com, 732-25 Bamburgh Circ, Scarborough, Ontario, M1W 3W2, (705)341-3070. Passive Income Investor services shall be provided through various mediums as may be determined between the parties from time to time, including social media and video development.
The services provided by Passive Income Investor are to commence on July 26, 2024 and will continue on a month to month basis and may be terminated anytime at the discretion of the Company. Passive Income Investor will engage with investors through various digital marketing and social media platforms, to facilitate greater investor awareness and widespread dissemination of ThreeD’s news.
Further to the ThreeD’s press release on March 25, 2024, the Company continues to conduct interviews with certain companies of which ThreeD holds securities or digital assets within its investment and digital asset portfolio. In addition to the companies mentioned in that previous press release, the company is pleased to have additional interviews with other investees that currently make up part of the Company’s investment and digital asset portfolio including Quebec Innovative Materials Corp. (CSE: QIMC) and Dynex. The interview with Quebec Innovative Materials Corp is already uploaded onto ThreeD’s Youtube Channel. The interview Dynex will be uploaded in the coming week.
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The companies noted above do not represent all of ThreeD’s portfolio holdings. The holdings of securities of investees by ThreeD are managed for investment purposes. ThreeD could increase or decrease its investments in these companies at any time, or continue to maintain its current position, depending on market conditions or any other relevant factor.
About ThreeD Capital Inc.
ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.
| For further information: |
| Matthew Davis, CPA |
Chief Financial Officer and Corporate Secretary
davis@threedcap.com |
| Phone: 416-941-8900 |
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
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Forward-Looking Statements
Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements. Often, but not always, these forward looking statements can be identified by the use of words such as “estimate”, “estimates”, “estimated”, “believes”, “hopes”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”, “to be”, “will”, “periodically”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.
Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, risks relating to the prospectivity of the Company’s investments, determinations of the Company to increase or decrease its investment in any given investee from time to time, and such risks detailed from time to time in the Company’s filings with securities regulators and available under the Company’s profile on SEDAR at www.sedarplus.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
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Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.
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