Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Harmony Acquisitions Corp. (TSXV: MONY.P) ("Harmony" or the "Company") announces that the previously announced non-binding letter of intent between the Company and DOMA BR S/A has been terminated, effective today's date.
The Company will continue to pursue and evaluate other opportunities for a potential qualifying transaction. Trading of Harmony's common shares on the TSX Venture Exchange is expected to resume trading in the near future. Trading in the Company's common shares has been halted since May 2024 and a continued listing review is required before the resumption of trading.
About Harmony
Harmony was incorporated under the Business Corporations Act (British Columbia) on May 7, 2021 and is a Capital Pool Company (as defined in the policies of the TSXV) listed on the TSXV. Harmony has no commercial operations and no assets other than cash.
Cautionary Note Regarding Forward Looking Information
This press release contains statements that constitute "forward-looking information" ("forward-looking information") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.
For further information contact:
Harmony Acquisitions Corp.
Raymond D. Harari, CEO and Chairman
[email protected]
Phone: +507 6675 2221
Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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