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Appulse Corporation Announces Proposed Distribution of Stated Capital

Calgary, AB / ACCESSWIRE / June 27, 2024 / Appulse Corporation (TSXV:APL) has announced that its board of directors has approved a proposed reduction of the stated capital of the Corporation's Common Shares. This reduction aims to distribute $1,994,261 to the holders of issued Common Shares, equating to $0.135 per share.

The proposed capital reduction and distribution is pending approval by a special resolution at the annual and special meeting of shareholders, scheduled for August 21, 2024. Should the resolution pass, the record date for the distribution will be August 27, 2024, with payment adhering to the TSX Venture Exchange's due-bill trading rules.

For further information, contact President Doug Baird at (403) 807-0717 or via email at dabaird@shaw.ca, or CFO Dennis Schmidt at (403) 466-1858, email dennis@balisardo.ca.

R. E.

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