C06558-2018 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 1,870,940,210 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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Incorporation of CTX Technologies Inc. |
Background/Description of the Disclosure |
On October 01, 2018, the board of directors of Xurpas Inc. (“Xurpas”) approved the incorporation of CTX Technologies Inc. (“CTX”), an entity that will be a wholly owned subsidiary of Xurpas. CTX has secured an endorsement clearance from the Bangko Sentral ng Pilipinas with respect to its proposed primary purpose wherein it will engage as a remittance and transfer company, operating as a Virtual Currency Exchange. CTX will have a platform that will accept cryptocurrencies as payment. |
Other Relevant Information |
1) The incorporation of CTX Technologies Inc. is subject to the approval of the Securities and Exchange Commission; 2) CTX can only commence VCE operations upon completion of the BSP registration process. |
Name | Mark Gorriceta |
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Designation | Assistant Chief Information Officer |