Update on Anishinaabe Protector Foundation’s Private Placement Agreement.Press Release | 07/06/2022
Will Become a Shareholder and Partner of FansFrenzy Corporation (OTC:FFZY) in Future Projects.
Las Vegas, NV, July 6, 2022. FansFrenzy Corporation (the “Company”)OTC: FFZY) is pleased to announceAnishinaabe Protector Foundations investment of six million two hundred and fifty US dollars ($6,250,000) will consist of the following:
Two million dollars ($2,000,000) will result in the issuance of eight million (8,000,000) common shares, and eight million (8,000,000) warrants convertible into common shares at the price of sixty cents ($0.60) per share. The warrants will have a conversion rate of one warrant to one common share.
FansFrenzy will create and issue a special class of non-voting Convertible Preferred Series B shares for the balance of four million two hundred and fifty thousand dollars ($4,250,000). Anishinaabe Protector Foundation therefore becomes a shareholder and partner in our future projects.
About Anishinaabe Protector Foundation
Anishinaabe Protector Foundation is a private Foundation located in NY State. Mission and goals are oriented in the management of assets and investments to improve the well-being of native people and the environment. Accordingly, its activities are oriented through the acquisition of lands and investments compatible with the main mission.
Christian-Joseph Turcotte, Vice President
About FansFrenzy Corporation
FansFrenzy (OTC: FFZY)) is a company that leverages its position as a publicly traded corporation to acquire and hold undervalued assets as well as to participate and develop those assets and operating businesses. The Company relies on a deep bench of corporate and financial expertise to bring out the intrinsic value. The Company is pursuing a strategy of acquisition of undervalued assets with new business partners. Our current focus is in natural resources and in the province of British Columbia, Canada. This development is the result of a strategic analysis in which the Company concluded that greater shareholder value can be achieved. FansFrenzy Corporation will also continue to pursue the development of its existing IT assets through partners.
FORWARD-LOOKING STATEMENTS: Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management’s best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company’s products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.