TORONTO, March 8, 2021 /CNW/ - This press release is being issued in connection with the filing of an early warning report (the "Early Warning Report") pursuant to the requirements of National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues regarding the disposition (the "Disposition") and acquisition (the "Acquisition") of securities of CryptoStar Corp. (the "Issuer") by A.C.N. 117 402 838 PTY LTD ("A.C.N.") and the Joint Actors (as defined below). The Issuer's head office is located at 181 Bay Street, Suite 4400, Toronto, Ontario M5J 2T3.

3月8日,多伦多,2021 /时间/这个新闻稿发布与早期预警报告的文件(“早期预警报告”)依照国家仪器的需求62 - 103相关的早期预警系统和吸收合并出价和内部报告问题处理(“性格”)和收购(收购)CryptoStar的证券公司(以下简称“发行人”)由A.C.N. 117 402 838企业有限公司(“A.C.N.”)和联合演员(如下定义)。发行人总部位于安大略省多伦多湾街181号4400套房M5J 2T3。

A.C.N. is a proprietary company under the Corporations Act 2001 (Cth) (Australia). David Jellins (President, Chief Executive Officer and Director of the Issuer) and Amelia Jones (Chief Commercial Officer and Director of the Issuer) each own a 50% interest in A.C.N. and may be considered joint actors (the "Joint Actors").

acn是根据2001年澳大利亚公司法成立的独资公司。David Jellins(发行人的总裁、首席执行官和董事)和Amelia Jones(发行人的首席商务官和董事)各自拥有acn 50%的股份，可以被认为是联合演员(“联合演员”)。

Between March 1, 2021 and March 5, 2021, A.C.N. disposed a total of 16,157,500 common shares ("Common Shares") in the capital of the Issuer (representing 6.4% of the issued and outstanding Common Shares on a non-diluted basis). The Disposition was made at an average price of $0.383 per Common Share for aggregate consideration of $6,185,968.80.

在2021年3月1日至2021年3月5日期间，acn共处置发行人资本中的16,157,500股普通股(“普通股”)(在非摊销基础上占已发行和已发行普通股的6.4%)。出售的平均价格为每股普通股0.383美元，总代价为6 185 968.80美元。

The Disposition was made in connection with a private placement (the "Private Placement") of up to 20,000,000 units (each, a "Unit") of the Issuer that closed on March 5, 2021. A.C.N. intends to acquire 15,000,000 Units under the Private Placement at a price of $0.10 per Unit. Each Unit is comprised of one (1) Common Share and one (1) Common Share purchase warrant (each whole warrant, a "Unit Warrant"). Each Unit Warrant entitles the holder thereof to purchase one (1) Common Share at a price of $0.15 per share for a period of 18 months from the date of issue.

该处置与发行人的不超过2000万个单位(每个单位，一个单位)的私募(“私募”)有关，该私募于2021年3月5日结束。acn打算以每单位0.10美元的价格通过私募方式收购1500万套。每一股由一(1)股普通股和一(1)股普通股购买权证(每一整个权证，一个“单位权证”)组成。每一单位认股权证的持有人有权以每股0.15美元的价格购买一(1)股普通股，期限为发行日期起的18个月。

On March 5, 2021, A.C.N. acquired (the "Acquisition") 15,000,000 Units under the Private Placement.

2021年3月5日，A.C.N.通过定向增发获得了1500万套设备。

Immediately prior to the Disposition, A.C.N. had ownership of, or excised control or direction over, 102,624,235 Common Shares (representing 40.5% of the issued and outstanding Common Shares on a non-diluted basis). Immediately after the Disposition, A.C.N. has ownership of, or excises control or direction over, 86,466,735 Common Shares (representing 34.1% of the issued and outstanding Common Shares on a non-diluted basis).

在此之前，acn拥有102,624,235股普通股的所有权，或对其行使控制或指示(在非摊薄基础上占已发行和已发行普通股的40.5%)。在处置之后，acn立即拥有86,466,735股普通股的所有权，或行使控制或指示(在非摊薄基础上占已发行和已发行普通股的34.1%)。

Immediately following the Acquisition, A.C.N. had ownership of, or exercised control or direction over, 101,466,735 Common Shares (representing 37.1% of the issued and outstanding Common Shares on a non-diluted basis).

在收购之后，acn拥有101,466,735股普通股的所有权，或行使控制或指示(在非摊薄基础上占已发行和已发行普通股的37.1%)。

The Early Warning Report will be filed by A.C.N. and the Joint Actors in accordance with applicable securities laws. To obtain a copy of the Early Warning Report, please contact David Jellins c/o CryptoStar Corp., 181 Bay Street, Suite 4400, Toronto, Ontario, M5J 2T3, Email: david.jellins@cryptostar.com.

预警报告将由acn和联合行当根据适用的证券法提交。获取预警报告副本，请联系David Jellins c/o CryptoStar Corp.， 181 Bay Street, Suite 4400, Toronto, Ontario, M5J 2T3, Email: david.jellins@cryptostar.com。

SOURCE CryptoStar Corp.

来源CryptoStar公司

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