CannaOne Announces Name Change
CannaOne Announces Name Change to reflect its Growing Business Lines
Vancouver, British Columbia, April 9, 2021 - CannaOne Technologies Inc. (CSE: CNNA) (OTC Pink: CNONF)
(FSE: 3CT) (“CannaOne” or the “Company”) is pleased to report that it has received all necessary regulatory
approvals to change its name to Lynx Global Digital Finance Corporation and change its trading symbol to
LYNX:CSE, effective at the opening of the market on April 19,2021.
New share certificates will be issued under a new CUSIP number, which is 55183P107. Registered
shareholders will receive a letter of transmittal from National Securities Administrators Ltd. , the
Company’s transfer agent, with information on how to replace their old share certificates with the new
share certificates. Brokerage firms will handle the replacement of share certificates on behalf of their
shareholder’s accounts.
The Company believes that a change in name and branding is appropriate for its developing business
strategy.
“Our current corporate name is being changed to better reflect our business model and future aspirations.
We look forward t o building a recognizable brand around our platform businesses in the global digital
payments market.” stated Mike Penner, CEO. “We have been working diligently towards leveraging our
assets and integrating our new partners into our corporate strategy and operations.”
The Company looks forward to presenting its new logo, and branding to the market over the coming
months.
ABOUT CANNAONE TECHNOLOGIES:
Since inception CannaOne has focused on development and deployment of its proprietary online
marketplace platform. Integral to the true intent and directive of the long -term planning of these
development efforts was an early-stage technology agreement to allow for integration of a payment and
financial technology platform to facilitate merchant sales within its online platform. As such, since March
2017 the company has worked closely with payment technology providers in South East Asia, to ascertain
the pathways to the greatest potential for future growth in the world's fastest growing digital paym ent
markets. With the existence of ever -evolving international relationships with parties specifically focused
on the facilitation of payment processing and bank acquiring infrastructure, the Company sees potential
to increase revenue over time with the co ntinued integration and utilization of complete payment
processing capabilities within our online marketplace solutions. The Company will look to expand its
online client portfolio to include additional business sectors, such as those to service the paymen t
processing requirements of e-commerce providers most effectively.
CannaOne seeks to become a global leader in financial technology, solutions, and services for merchants
as it works hand in hand with select niche banking partners. CannaOne intends to in tegrate PCI certified
payment solutions with its proprietary and proven online marketplace technology platform to offer a truly
comprehensive suite of products and services to serve B -to-B merchant clientele. The Company has
targeted banking relationships outside of North America, (specifically in SE Asia), and by working with
selected banking or licensed EMI partners, our solutions may include merchant acquiring solutions;
integrated payment solutions; global eCommerce solutions; core processing and ancill ary applications
solutions; digital and online marketplace solutions, including internet, mobile and eBanking; fraud, risk
management and compliance solutions; electronic funds transfer and network services solutions; and/or
card and online retail payment solutions. The Company is focused on organic growth while investigating
potential strategic acquisitions, that may contribute critical technology applications, services and
immediate revenue streams that can complement or enhance our existing offerings and potentially
increase or expedite our path to future profitability. While Cannaone believes that significant near -term
opportunities exist for the Company's solutions, there can be no assurance that customer agreements will
be reached or that such agreements will be profitable should they be implemented.
For more information, please contact:
Michael Penner, CEO
(604) 396-9974
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDERS HAVE
REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FORWARD-LOOKING STATEMENTS: Certain information contained herein may constitute “forward-
looking information ” under Canadian securities leg islation, including with respect to the ability of the
Company to establish ongoing partnerships and create a single, linked digital financial platform , or the
effectiveness of its existing partnerships in this strategy, and the ability of the Company to execute its
business plans. Generally, forward -looking information can be identified by the use of forward -looking
terminology such as, “will be”, or variations of such words and phrases or statements that certain actions,
events, or results “will” occur. Forward-looking statements are based on the Company's estimates and
are subject to known and unknown risks, uncertainties and other factors that may cause the actual results,
level of activity, performance, or achievements of CannaOne to be mate rially different from those
expressed or implied by such forward -looking statements or forward -looking information, including
capital expenditures, other costs, or implied future forecasts. The Company further again cautions that all
forward-looking statements are inherently uncertain, and that actual performance may be affected by a
number of material factors, many of which are beyond the Company's control. Such factors include,
among other things: risks and uncertainties relating to the Company's limited operating history and the
need to comply with governmental regulations. There can be no assurance that such statements will prove
to be accurate, as actual results and future events could differ materially from those anticipated in such
statements. Accordi ngly, readers should not place undue reliance on forward -looking statements and
information. CannaOne will not update any forward -looking statements or forward -looking information
that are incorporated by reference herein, except as required by applicable securities laws.