CannaOne Completes Acquisition of a Controlling Interest in Payright – Adding Singapore to its Regional Digital Payment Network
Vancouver, British Columbia–(Newsfile Corp. – April 8, 2021) – CannaOne Technologies Inc. (CSE: CNNA) (OTC Pink: CNONF) (FSE: 3CT) (“CannaOne” or the “Company”) is pleased to announce that it has formally closed the acquisition of a 51% equity interest of Singapore based, Payright Pte Ltd. (“Payright”) (the “Transaction”). The Company issued an aggregate of 1,530,000 common shares (the “Consideration Shares”), with a value of CDN$1,4750,000 to the current shareholders of Payright, in exchange for 6,480 common shares of Payright, representing a 51% equity interest in Payright.