NETCENTS EXTENDS WARRANTS
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VANCOUVER, B.C., July 5, 2016 – NetCents Technology Inc. (the “Company”) (CSE: NC) announces that the terms of the warrants issued in connection with the completed non-brokered private placement on July 6, 2015 as described more particularly in the Company’s final prospectus dated February 17, 2016 have been amended (the “Existing Warrants”). The terms of the Existing Warrants have been extended for another year with an expiry date of 24 months from issuance.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available
About NetCents
NetCents is a publicly-traded electronic online Payment Service Provider offering consumers and merchants online services for managing electronic payments by a variety of payments methods through its processing platform.
For further information contact:
NetCents Technology Inc.
Gord Jessop, President and COO
Suite 1500, 885 West Georgia Street
Vancouver, British Columbia V6C 3E8
Telephone: (604) 676-5249
Forward-Looking Information
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.