OTTAWA, Dec. 31, 2018 (GLOBE NEWSWIRE) -- Buzz Capital Inc. (“Buzz”) (TSXV: BUZ.P) announced today that it has received payment of a break fee in the amount of CDN$250,000 from Kaya Inc. ("Kaya") in connection with the termination of the previously announced business combination between Kaya and Buzz, such that each party is now free to pursue alternative transactions.
With these additional funds available to it, Buzz will continue to search for prospective opportunities to complete its qualifying transaction and maximize value for shareholders.
For Further Information, Please Contact:
Buzz Capital Inc.
Chuck Rifici, President and CEO at 613-239-0531 ext. 1; or
Tammie Brown, Director of Corporate Services at 613-239-0531 ext. 3
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.