Live Current Media Announces Additional Convertible Debenture Financing
03/29/22, 9:15 AM
Location
vancouver
VANCOUVER, BC / March 29, 2022 / Live Current Media, Inc. ("Live Current" or the "Company") (OTCQB:LIVC) announces that it has closed an additional tranche of convertible debenture financing (the "Debenture") pursuant to which the Company has received $886,000 and issued a Debenture with a face value of $956,880. This brings the total financing completed by the Company via convertible debt in the past quarter to $3,386,000. The proceeds will be put towards development and marketing of the Kast video streaming platform as per the recently announced merger agreement with Evasyst.
Company Info
Location
vancouver, washington, united states
Additional Info
Live Current ("LIVC") is a digital technology company involved in the entertainment industry. Currently developing two projects, SPRT MTRX (App Store and Play Store: SPRT MTRX) and Trivia Matrix (App Store and Play Store: Trivia Matrix), LIVC is positioned to take advantage of the exciting and rapidly growing digital sports and gaming sectors.
For more detailed information, please review the 8-K for this transaction filed by the Company with the SEC on March 15, 2022.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
On behalf of the board of directors of Live Current Media Inc.
David Jeffs, CEO & Director
For more information please contact: david@livecurrent.com604 648-0500www.livecurrent.comwww.sprtmtrx.com
All statements in this press release that are not statements of historical fact are forward-looking statements, including any projections of growth, earnings, revenue, cash or other financial items, any statements of the plans, strategies, objectives and goals of management for future operations, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, general economic conditions particularly as they relate to demand for our products and services; competitive factors; changes in operating expenses; our ability to raise capital as and when we need it and other factors. Live Current Media, Inc. assumes no obligation to update these forward-looking statements to reflect future events or actual outcomes and does not intend to do so.