on New World Solutions Inc. (isin : CA6489261033)
New World Solutions Updates on CSE Suspension
New World Solutions Inc. has provided an update regarding its suspension from the Canadian Securities Exchange (CSE). The suspension arises from the recent acquisition of dialMkt, resulting in the emergence of a new control person without the necessary shareholder approval. Additionally, the CSE has raised concerns about the company's association with an individual linked to the transaction. This individual has chosen to appeal the decision, with a hearing scheduled in January. Until the appeal is concluded, the CSE suspension will remain in place. New World Solutions plans to update its shareholders following the appeal proceedings.
The company's involvement in dialectMkt focuses on transforming the global luxury wristwatch market through blockchain technology. Further updates will be provided to shareholders as the situation progresses.
R. E.
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