ECC2 Ventures Announces Anticipated Changes IN Accordance with New Cpc Policy Which Became Effective ON January 1, 2021
ECC VENTURES 2 CORP.
Suite 1600, 609 Granville Street
Vancouver, BC V7Y 1C3
Telephone: 1-778-331-8505
NEWS RELEASE
ECC2 VENTURES ANNOUNCES ANTICIPATED CHANGES IN ACCORDANCE
WITH NEW CPC POLICY WHICH BECAME EFFECTIVE ON JANUARY 1, 2021
April 21, 2021 – Vancouver, BC, Canada. ECC Ventures 2 Corp. (“ECC2” or the
“Company”) (TSXV: ETWO.P) announces that due to changes recently announced by the TSX
Venture Exchange (the “Exchange”) to its Capital Pool Company program and changes to the
Exchange’s Policy 2.4 – Capital Pool Companies, which became effective as at January 1, 2021
(the “New CPC Policy”), the Company intends to implement certain changes which require
disinterested shareholder approval, to further align its policies with the New CPC Policy.
Pursuant to the New CPC Policy, in order for the Company to align certain of its policies with the
New CPC Policy the Company intends to obtain the approval of its disinterested shareholders to
remove the requirement and consequences of obtaining majority Shareholder approval to list on
NEX and the cancelling of certain Seed Shares held by Non -Arm’s Length Par ties to the
Company, as a result of the Company failing to complete a Qualifying Transaction within 24
months after the date of listing of the common shares of the Company on the Exchange.
Final implementation of these changes remains subject to the approval of the Exchange.
For more information, please contact Scott Ackerman, the CEO, CFO and a director of the
Company, at 778-331-8505 or email: [email protected].
On Behalf of the Board of Directors of ECC Ventures 2 Corp.
Scott Ackerman
Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements included in this announcement, including statements concerning our and Infield’s plans, intentions and expectation s,
which are not historical in nature, are intended to be, and are hereby identified as, “forward‐looking statements”. Forward‐looking
statements may be, but are not always, identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expe cts”
and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those
relating to the Company's and Infield’s future operations and business prospects, are subject to certain risks and uncertaint ies
(including risks that the Acquisition does not proceed, or proceed on the expected terms, geopolitical risk, regulatory, Covid -19
and exchange rate risk) that could cause actual results to differ materially from those indicated in the forward‐looking statements.
There can be no assurance that any forward -looking statement will prove to be accurate or that management's assumptions
underlying such statements, including assumptions concerning the Acquisition or future developments, circumstances or results
will materialize. The forward -looking statements included in this news release are made as of the date of this new release and
the Company does not undertake to update or revise any forward-looking information included herein, except in accordance with
applicable securities laws.