Austpro Energy To Join NEO Exchange Following Reverse Merger Deal With DeFi Ventures

Austpro Energy Corporation (TSXV: AUS-H) announced on Monday evening that it has received approval to list its common shares on the NEO Exchange. The move follows the ongoing process of a reverse merger transaction with fintech firm DeFi Ventures Inc.

The energy firm announced the reverse transaction in April 2021. Since then, DeFi Ventures has already conducted a $17.7 million financing and has been working with the company on changing its name to WonderFi Technologies Inc. following the acquisition.

Austpro Energy expects to delist its shares from the TSX Venture Exchange at the closing bell on August 19, 2021 and immediately start trading on the NEO Exchange the next day.

Trading of Austpro Energy on the TSX Venture has been halted pending the reverse takeover deal.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Tariffs Spark New Race for Critical Metals | Rob McEwen

Antimony Resources: The Bald Hill Project

They Laughed at $3,000 Gold, Now We’re Headed for $4,000! | Sean Roosen – Osisko Development Corp.

Recommended

Steadright Begins Preliminary Economic Assessment On TitanBeach Project

Three Miners Trapped Underground At Newmont’s Red Chris Mine

Related News

WonderFi Looks To Raise $20 Million Via Bought Deal

WonderFi Technologies (NEO: WNDR) is looking to take advantage of the current positive sentiment within...

Tuesday, October 19, 2021, 08:41:54 AM

WonderFi To Raise $35 Million Via Bought Deal, Insiders Unload 500,000 Shares

WonderFi Technologies (NEO: WNDR) last night announced it would be conducting a bought deal financing...

Thursday, January 13, 2022, 09:07:17 AM

Toronto Crypto CEO Abducted, Released After $1M Ransom Paid

In a shocking incident within the cryptocurrency sector, Dean Skurka, CEO of Toronto-based crypto firm...

Friday, November 8, 2024, 02:04:00 PM

WonderFi Acquires 17,000 Client Accounts From Bitvo

WonderFi Technologies (TSX: WNDR) continues to consolidate that Canadian crypto landscape, announcing this morning that...

Wednesday, November 15, 2023, 08:33:00 AM

WonderFi To Acquire Coinsquare, CoinSmart To Create Largest Crypto Platform In Canada

Consolidation is coming to the Canadian crypto industry. It was jointly announced this morning that...

Monday, April 3, 2023, 09:13:55 AM