Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

BitRush Corp. Obtains Court Order Directing Valuation

C.BRH

BitRush Corp. Obtains Court Order Directing Valuation

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO US NEWSWIRES


Toronto, Ontario (FSCwire) - The Special Committee of the board of directors of BitRush Corp. (CSE:BRH, Frankfurt:0XSN) ("BRH", “BitRush” or the "Company") is providing the following update to shareholders.

On January 5, 2018, the Ontario Superior Court (Commercial List) (the “Court”) directed the respondents in the Application commenced by the Company and the Special Committee bearing court number CV-16-11653-00CL, to provide the Court with expert evidence with respect to the value of BitRush shares as at November 14, 2017. This evidence will assist the Court in determining whether an order should be made for the Company to purchase the BitRush shares held by the respondent MezzaCap Investments Inc., and if so, at what price.

The parties are due to appear before the Court on February 14, 2018.  A further update will be provided at that time.

On behalf of the Special Committee,

Karsten Arend

President, Director

For further information, contact Karsten Arend at (416) 847-1831 or info@bitrush.com.


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/BitRush01092018.pdf
Source: BitRush Corp. (CSE:BRH)

To follow BitRush Corp. on your favorite social media platform or financial websites, please click on the icons below.


Maximum News Dissemination by FSCwire. https://www.fscwire.com

Copyright © 2018 FSCwire





Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today