Anonymous Intelligence Company Announces Share Consolidation
Vancouver, British Columbia, February 20, 2024 - Anonymous Intelligence Company Inc. (CSE:ANON) (OTC: ANICF) (FRANKFURT: 1JI0) (“ANON” or the “Company”), wishes to announce thatthe Company’s Board of Directors has approved a consolidation of all of its issued andoutstanding common shares (the "Common Shares") on the basis of 10 pre-consolidatedCommon Shares for one post-consolidated Common Share (the "Share Consolidation"). Theproposed Share Consolidation remains subject to the approval of the Canadian SecuritiesExchange (the "CSE").
The proposed Share Consolidation would result in the number of issued and outstandingCommon Shares being reduced from the current outstanding 109,973,753 Common Shares toapproximately 10,997,375 Common Shares. No fractional shares will be issued as a result of theShare Consolidation. Any fractional shares resulting from the Share Consolidation will be roundeddown to the next whole Common Share, and no cash consideration will be paid in respect offractional shares.
The record date, effective date of the Share Consolidation and the new CUSIP and ISIN numberswill be disclosed in a subsequent news release. There will be no change in the Company’s nameand trading symbols.
On Behalf of the Board,
ANONYMOUS INTELLIGENCE COMPANY INC.
Nilda RiveraCFO
(604) 669-9788
About Anonymous Intelligence Company Inc.
Anonymous Intelligence Company Inc. (CSE: ANON) (OTC: ANICF) (FRANKFURT: 1JI0) is a leadingcomputational intelligence, decentralized network, and data technology company. Leveraging itsproprietary suite of AI and privacy-enabled products, ANON aims to empower individuals andbusinesses to have increased confidence in technology. Through its innovative solutions, ANONis committed to delivering cutting-edge technology while prioritizing user privacy and data
610 – 700 West Pender Street, Vancouver, BC Canada V6C 1G8
Tel: (604) 669-9788 Fax: (604) 669-9768 Email: hello@anonintelco.com
security. For more information about Anonymous Intelligence Company and its suite of products,please visit www.anonintelco.com.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacyof accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved ordisapproved the information contained herein.
Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and informationthat 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 ofmanagement of the Company regarding future events. Generally, forward-looking statements and information canbe identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such wordsand phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Thisinformation and these statements, referred to herein as "forward‐looking statements", are not historical facts, aremade as of the date of this news release and include without limitation, statements regarding discussions of futureplans, estimates and forecasts and statements as to management's expectations and intentions with respect to,among other things: the Consolidation and the Private Placement.
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materiallyfrom results suggested in any forward-looking statements. These risks and uncertainties include, among other things,the Company not receiving the necessary regulatory approvals in respect of any of the transactions contemplatedherein.
In making the forward-looking statements in this news release, the Company has applied several materialassumptions, including without limitation, that the Company will receive the necessary regulatory approvals inrespect of each of the transactions contemplated herein.
Although management of the Company has attempted to identify important factors that could cause actual resultsto differ materially from those contained in forward-looking statements or forward-looking information, there maybe other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance thatsuch statements will prove to be accurate, as actual results and future events could differ materially from thoseanticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statementsand forward-looking information. Readers are cautioned that reliance on such information may not be appropriatefor other purposes. The Company does not undertake to update any forward-looking statement, except as requiredby applicable securities laws.