Stock Trend Capital Announces Intention To Amend Investment Policy To Include AI
VANCOUVER, BC / ACCESSWIRE / June 16, 2023 / Stock Trend Capital Inc. (CSE:PUMP)(FRA:WCF)(OTCQB:STOCF) (the "Company" or "Stock Trend") is pleased to announce the Company intends to amend its investment policy to broaden and diversify the eligible industries of its investment targets to permit Stock Trend to explore strategic investments within the Artificial Intelligence ("AI") sector. The Company's existing investment policy is focused solely on the cannabis sector.
The Company is funded and able to pursue these investment opportunities. The Company combines a diversified management team and experienced board of directors with access to capital and transactions in the rapidly growing AI sector.
Stock Trend is actively sourcing, validating, and pursuing investments in innovative, unique, and disruptive companies or technologies well-positioned to gain significant market share in the AI sector.
Anthony Durkacz, Chief Executive Officer and Chairman of Stock Trend commented: "The proposed amendment to Stock Trend's investment policy equips the Company with the optionality to explore investments in the high growth AI sector".
The amended investment policy will be available under the Company's profile on SEDAR at www.SEDAR.com.
About Stock Trend
Stock Trend Capital Inc. is an investment issuer primarily focused on the Canadian cannabis industry. The issuer intends to focus on investing in private and public entities with strong intellectual property, exceptional management and high growth potential that may be strategically positioned in the market.
On behalf of the Board of Directors of
STOCK TREND CAPITAL INC.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Anthony Durkacz
CEO, Director
Telephone: (416) 720-4360
Email: anthony@stocktrend.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities laws including the proposed amendment to the Company's Investment Policy, potential investments in AI, as well as information relating to the Company. Forward-looking statements are based on the opinions, assumptions, factors and estimates of management considered reasonable at the date the statements are made. The opinions, assumptions, factors and estimates which may prove to be incorrect, include, but are not limited to the CSE approval for the proposed amendment to the Company's Investment Policy, if required.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others: the risk that the CSE will not grant approval of the proposed amendment to the Company's Investment Policy; general economic, market, or business conditions, including investments in the AI sector; uninsured risks; regulatory changes; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events, or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.
The statements in this press release are made as of the date of this release. The Company undertakes no obligation to comment on analyses, expectations, or statements made by third parties in respect of the Company or its financial or operating results.
SOURCE: Stock Trend Capital Inc.
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