Live Current Media Inc. Exits Receivership

Tickers: PINX:LIVC
Tags: Mining

VANCOUVER, BC - Live Current Media Inc. ("Live Current" or the "Company") today announces that it has exited receivership as of the 4th of this month.

On June 4th, 2014, after completing a binding arbitration to resolve certain conflicts between the Company, former management and management at the time, a receiver was placed in charge of Live Current by the Washoe County Court in Reno Nevada. The receiver spent the ensuing years making a determination as to whether or not the Company should be dissolved. On December 15th, 2016, having found no reason to force the dissolution of Live Current, the receiver held an annual meeting of the shareholders of the Company to give said shareholders a say on the question of dissolution. At that meeting, by majority, the shareholders voted in favour of returning the Company to the guidance of the Board of Directors.

At the same meeting, John DaCosta, David Jeffs and Amir Vahabzadeh were elected as Directors of the Company.

About Live Current

Live Current is an eCommerce and media company specialising in the purchase, sale and development of premium URLs. Live Current is headquartered in Vancouver, BC and is publicly traded on the Pink Open Market (LIVC).

All statements in this press release that are not statements of historical fact are forward-looking statements, including any projections of growth, earnings, revenue, cash or other financial items, any statements of the plans, strategies, objectives and goals of management for future operations, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, general economic conditions particularly as they relate to demand for our products and services; competitive factors; changes in operating expenses; our ability to raise capital as and when we need it and other factors. Live Current Media Inc. assumes no obligation to update these forward-looking statements to reflect future events or actual outcomes and does not intend to do so.

For further information:

Live Current Media Inc.
David Jeffs
david@livecurrent.com

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