Saltbae Capital Corp CECBF

CellCube Announces Name Change

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CellCube Announces Name Change

Tuesday, June 1, 2021, 5:31 PM ET

 

Toronto, Ontario--(Newsfile Corp. - June 1, 2021) - CellCube Energy Storage Systems Inc. (CSE: CUBE) ("CellCube" or the "Company"), is pleased to announce that it has filed an alternation notice with the Registrar changing its corporate name to "Saltbae Capital Corp." (the "Name Change"). In connection with the Name Change, the Company has reserved a new CUSIP (79575K104) and ISIN (CA79575K1049).

No action will be required by existing shareholders with respect to the name change. Certificates representing common shares of the Company will not be affected by the name change and will not need to be exchanged. The Company encourages any shareholder with any questions or concerns to contact the Company or to discuss any of the foregoing with their broker or agent. The Name Change may subject to the approval of the Canadian Securities Exchange.

Management continues to review the corporate and financial records of the Company with the intention of revoking the cease trade order issued by the securities authorities that affects the securities of the Company. Provided the cease trade order can be remedied management will then seek corporate transactions to enhance shareholder value. The Company has not established a definitive timeline to complete the revocation of the cease trade order and a strategic transaction and there is no assurance that the cease trade order can be revoked or any transaction will be completed as a result of this process. The Company does not expect to make additional public comments regarding these matters until the board determines that additional disclosure is appropriate in accordance with applicable securities laws.

For further information please contact:

CellCube Energy Storage Systems Inc.

Carly Burk, Chief Executive Officer

[phone]