The BC Bud Co Announces Receipt of Shareholder and CSE Conditional Approval for Change of Business
The BC Bud (BCBCF) has received both shareholder and conditional CSE approval for its strategic transformation from a cannabis issuer to an investment issuer. The company will undergo a complete rebranding, changing its name to Digital Commodities Capital Corp. and updating its ticker symbol to 'RIPP'.
As part of the transition process, the company has prepared a Form 2A Listing Statement detailing its initial investment portfolio, target sectors, strategic approach, and investment policy. The document will be available on SEDAR+. CEO Brayden Sutton expressed enthusiasm for this new direction, emphasizing the company's focus on long-term growth and value creation.
BC Bud (BCBCF) ha ricevuto l'approvazione da parte degli azionisti e una condizione di approvazione dalla CSE per la sua trasformazione strategica da emittente di cannabis a emittente di investimenti. L'azienda subirà un completo rebranding, cambiando il suo nome in Digital Commodities Capital Corp. e aggiornando il suo simbolo di borsa in 'RIPP'.
Come parte del processo di transizione, l'azienda ha preparato un Modulo 2A di Dichiarazione di Quotazione che dettaglia il suo portafoglio di investimenti iniziale, i settori target, l'approccio strategico e la politica di investimento. Il documento sarà disponibile su SEDAR+. Il CEO Brayden Sutton ha espresso entusiasmo per questa nuova direzione, sottolineando l'attenzione dell'azienda sulla crescita a lungo termine e sulla creazione di valore.
BC Bud (BCBCF) ha recibido la aprobación de los accionistas y una aprobación condicional de la CSE para su transformación estratégica de emisor de cannabis a emisor de inversiones. La empresa pasará por un completo rebranding, cambiando su nombre a Digital Commodities Capital Corp. y actualizando su símbolo de cotización a 'RIPP'.
Como parte del proceso de transición, la empresa ha preparado un Formulario 2A de Declaración de Listado que detalla su cartera de inversiones inicial, los sectores objetivo, el enfoque estratégico y la política de inversión. El documento estará disponible en SEDAR+. El CEO Brayden Sutton expresó entusiasmo por esta nueva dirección, enfatizando el enfoque de la empresa en el crecimiento a largo plazo y la creación de valor.
BC Bud (BCBCF)는 대마초 발행자로부터 투자 발행자로의 전략적 전환을 위해 주주 및 조건부 CSE 승인을 받았습니다. 회사는 완전한 리브랜딩을 진행하며, 이름을 Digital Commodities Capital Corp.로 변경하고 주식 기호를 'RIPP'로 업데이트합니다.
전환 과정의 일환으로, 회사는 초기 투자 포트폴리오, 목표 분야, 전략적 접근 방식 및 투자 정책을 상세히 설명하는 2A 양식 상장 성명을 준비했습니다. 이 문서는 SEDAR+에서 확인할 수 있습니다. CEO 브레이든 서튼은 이 새로운 방향에 대한 열정을 표현하며, 회사의 장기 성장 및 가치 창출에 대한 초점을 강조했습니다.
BC Bud (BCBCF) a reçu l'approbation des actionnaires ainsi qu'une approbation conditionnelle de la CSE pour sa transformation stratégique d'émetteur de cannabis en émetteur d'investissements. L'entreprise subira un rebranding complet, changeant son nom en Digital Commodities Capital Corp. et mettant à jour son symbole boursier en 'RIPP'.
Dans le cadre du processus de transition, l'entreprise a préparé un Énoncé de Cotation Formulaire 2A détaillant son portefeuille d'investissement initial, ses secteurs cibles, son approche stratégique et sa politique d'investissement. Le document sera disponible sur SEDAR+. Le PDG Brayden Sutton a exprimé son enthousiasme pour cette nouvelle direction, soulignant l'accent mis par l'entreprise sur la croissance à long terme et la création de valeur.
BC Bud (BCBCF) hat sowohl die Genehmigung der Aktionäre als auch eine bedingte Genehmigung der CSE für seine strategische Transformation von einem Cannabis-Emittenten zu einem Investitions-Emittenten erhalten. Das Unternehmen wird ein vollständiges Rebranding durchlaufen und seinen Namen in Digital Commodities Capital Corp. ändern sowie sein Börsensymbol in 'RIPP' aktualisieren.
Im Rahmen des Übergangsprozesses hat das Unternehmen eine Form 2A Listing Statement vorbereitet, die sein anfängliches Investitionsportfolio, die Zielsektoren, den strategischen Ansatz und die Anlagestrategie detailliert. Das Dokument wird auf SEDAR+ verfügbar sein. CEO Brayden Sutton äußerte Begeisterung für diese neue Richtung und betonte den Fokus des Unternehmens auf langfristiges Wachstum und Wertschöpfung.
- Received both shareholder and CSE conditional approval for business transformation
- Strategic pivot from cannabis to broader investment opportunities
- Complete corporate rebranding signals fresh start and new market positioning
- Final regulatory approval still pending
- Transition costs and timeline uncertainties
- Departure from established cannabis business model poses execution risks
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2025) - The BC Bud Corporation (CSE: BCBC) (OTCQB: BCBCF) (FSE: W04) ("The BC Bud Co." or the "Company"), is pleased to announce that further to its news release dated February 21, 2025 it has received both shareholder approval and conditional approval from the Canadian Securities Exchange ("CSE") to complete its proposed change of business from a cannabis issuer to an investment issuer (the "Change of Business"). This marks an important milestone in the Company's strategic shift, reflecting strong shareholder and regulatory confidence in its vision and future direction.
The Company is diligently finalizing the remaining regulatory and procedural steps required for final approval. As part of this process, the Company has prepared a Form 2A Listing Statement. This comprehensive document outlines key details of the proposed Change of Business, including the composition of the Company's initial investment portfolio, its target investment sectors, strategic investment approach, use of available funds and the Company's investment policy. A final version of the Listing Statement will be made available under the Company's profile on SEDAR+ at www.sedarplus.ca.
"We are excited to embark on this new chapter and are grateful for the support of our shareholders as we reposition the Company for long-term growth and value creation," said Brayden Sutton, CEO of the Company.
In connection with the Change of Business, the Company will be rebranding from "The BC Bud Co." to "Digital Commodities Capital Corp." and will change its ticker symbol to "RIPP", a move that signals the Company's refreshed focus and strategic outlook. The new name and ticker are expected to take effect in the coming days. The Company remains committed to keeping shareholders informed as it advances through the final stages of this transition.
About The BC Bud Co.
The B.C. Bud Co. is a house of brands created by industry professionals who are passionate about the user experience.
On behalf of the board of directors of The BC Bud Co.
Brayden Sutton
Chief Executive Officer and Director
Investor Relations
Phone: 1-(778)-656-0377
Email: info@thebcbc.com
Web: www.thebcbc.com
Disclaimer
Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the anticipated completion of the Change of Business and receipt of final approval therefor, the anticipated name change and ticker symbol change and timing thereof, that the Form 2A Listing Statement will be made available on SEDAR+ and the fact that the Company will keep shareholders updated.
In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the CSE will grant final approval for the Change of Business name change and ticker symbol change, that the name change and ticker symbol change will occur within the timeframe expected and that the Company will keep shareholders updated on the final transition of the Change of Business.
These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the CSE will not grant final approval of the Change of Business, name change and/or ticker symbol change; general economic, market or business conditions; uninsured risks; regulatory changes; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245220
FAQ
What is the new name and ticker symbol for BCBCF after its business transformation?
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What type of business transformation is BCBCF undergoing?
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