Buzz Capital 2 Inc. Announces Proposed Qualifying Transaction with Equispheres Inc.
Ottawa, Ontario--(Newsfile Corp. - May 14, 2021) - Buzz Capital 2 Inc. (TSXV: BUZH.P.) (the "
Company" or "
Buzz 2"), a capital pool company listed on the TSX Venture Exchange (the "
TSXV"), is pleased to announce that it has entered into a letter of intent dated May 14, 2021 (the "
LOI") with Equispheres Inc. and Equispheres Holdings Inc. (collectively, "
Equispheres") to complete a going-public transaction in Canada for Equispheres (the "
Proposed Transaction").
Equispheres specializes in the development and production of high-performance metal powders for additive manufacturing. Equispheres' core intellectual property advantage is centered around its proprietary, patent-pending, spherical powder which prints four times faster and achieves cost reductions of up to 50% enabling additive manufacturing technology to compete economically with traditional manufacturing processes.