Jo-Jo Capital Canada Ltd. Announces Termination of Proposed Qualifying Transaction

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TORONTO, Oct. 11, 2024 (GLOBE NEWSWIRE) — Go-Go Capital Canada Limited (“a company“) (TSXV: JOJO.P) is a company raising capital in accordance with Policy 2.4 of the TSX Venture Exchange (“TSX-V“), announces the termination of the letter of intent for the proposed transaction with 9302204 Canada Inc. (o/a Cheelcare), as announced on January 24, 2024.

The Company will continue to pursue a qualifying transaction in accordance with the policies of the TSX-V and will provide further updates in due course. Trading in the Company’s common stock has been suspended effective January 24, 2024, in connection with the execution of a letter of intent with Cheelcare. The company will seek to resume trading as soon as possible.

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About the company

A corporation is a capital pooled company (“CPC“) has not commenced business operations and has no assets other than cash. Except as specifically set forth in the TSXV’s CPC Policy, until the completion of its Qualifying Transaction, the Company will not continue its business, other than to identify and evaluate businesses or assets for the purpose of completing a proposed Qualifying Transaction .

For more information, please contact:

Peter Schloss
chief executive officer

JO-JO CAPITAL CANADA LIMITED.

Phone: 0918 505 905
Email: peter@greatwhitecapital.ca

Cautionary statement for forward-looking information

Certain statements in this press release constitute forward-looking information, including, without limitation, the resumption of trading in the common stock. These statements relate to future events or the future performance of the organization. The use of any of the words “could”, “expect”, “believe”, “will”, “expected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on beliefs or assumptions. The Company’s current position regarding the outcome and timing of such future events. Actual results and developments may differ materially from those contemplated by forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The statement contained in this press release is made as of the date hereof. The Corporation disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required under applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.


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