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    GTOO   CA36260L2012

G2 TECHNOLOGIES CORP.

(GTOO)
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

G2 Technologies : Enters into Agreement With CM-Equity AG

07/07/2021 | 09:01am EDT

(via TheNewswire)



 

Vancouver, BCTheNewswire - July 7, 2021 -G2 Technologies Corp. (CSE:GTOO) (OTC:GTGEF) (FWB:1NZ.F)(CNSX:GTOO.CN)(the “Company” or “G2”)announces today it has entered into a service agreement (the ”Agreement”) with CM-Equity AG (the “CM-Equity”), a  corporation based out of Munich, Germany.  CM-Equity will act as fiscal agent on behalf of the Company to assist the Company in its financing activities, fund raising and provide liquidity services  in the German equity markets, in compliance with the policies and guidelines of the Canadian Securities Exchange (the “CSE”).

The initial term of the Agreement is for a period of twelve (12) months and shall be extended for a further twelve (12) months unless terminated on three (3) months’ notice.  In consideration for the services to be provided by CM-Equity under the Agreement, the Company shall pay CM-Equity a fee of 50,000 € plus disbursements and German VAT payable quarterly in four (4) equal tranches.

CM-Equity will work closely with G2 to assess and assist with its financings, introduce private and institutional investment opportunities as well as assist in bringing other business opportunities to the Company.

Slawomir Smulewicz, CEO of G2 commented,“We are excited to be working with the CM-Equity team to bring in new investors to the Company and assist with the financing efforts on behalf G2 and look forward to how CM-Equity will support the growth of the Company.”

On Behalf of the Board,

Slawek Smulewicz

Slawek Smulewicz

Chief Executive Officer and Director

O:        +1778 775 4985

E:       slawek@g2technologies.biz

W : WWW.G2.ENERGY

About G2 Technologies Corp.

G2 Technologies Corp.is focused on developing opportunities in energy sector. G2’s head office is located in Vancouver, Canada.

The Canadian Securities Exchange has neither approved nor disapproved the information contained herein.

 

Forward-Looking Statements Caution. This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions may not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities may not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.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 information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

 

Copyright (c) 2021 TheNewswire - All rights reserved.

Copyright (c) 2021 TheNewswire - All rights reserved., source Press Releases

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Financials
Sales 2020 0,57 M 0,45 M 0,45 M
Net income 2020 -0,74 M -0,58 M -0,58 M
Net Debt 2020 0,39 M 0,31 M 0,31 M
P/E ratio 2020 -1,35x
Yield 2020 -
Capitalization 1,87 M 1,47 M 1,46 M
EV / Sales 2019 2,46x
EV / Sales 2020 2,46x
Nbr of Employees -
Free-Float 95,2%
Chart G2 TECHNOLOGIES CORP.
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G2 Technologies Corp. Technical Analysis Chart | GTOO | CA36260L2012 | MarketScreener
Income Statement Evolution
Managers and Directors
Slawek Smulewicz President, Chief Executive Officer & Director
Sam K. Wong Chief Financial Officer
Andrew Lee Director
Kai Hensler Director
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