CUV Ventures Update Received From Hogan Lovells Concerning PSD2 License
March 8, 2019
Vancouver, BC – CUV Ventures Corp. (TSX-V: CUV) (the “Company”) is pleased to announce that it has received an update from Hogan Lovells concerning the Central Bank PSD2 license approval.
PSD2 License Petition Update
Hogan Lovells advised the Company that the law firm contacted the Central Bank in the afternoon of March 6th and, were advised that the license petition is proceeding correctly. The Central Bank further advised Hogan Lovells that they have not detected any missing documents and the petition continues to be processed in the normal course of operations. Hogan Lovells further advised the Company that they will contact the Central Bank again next week for an update concerning the PSD2 license approval and timing thereof. Upon receipt of said update, the Company will advise shareholders accordingly.
About CUV Ventures Corp.:
CUV Ventures Corp. is a multi-asset, multidivisional publicly traded Canadian company deploying advanced technologies in the; Online Travel, Vacation Resort, Mobile Apps, Money Remittance, Mobile phone top-ups, Invoice factoring, Blockchain Systems, and Fintech app sectors.
Our flagship technology is RevoluPAY®, the Apple and Android multinational leisure payments and remittance app, powered by blockchain protocols, and aimed at the worldwide + $595 billion family remittance market. Click here to read more.
For further information on CUV Ventures Corp. (TSX-V: CUV) visit the Company’s website at www.cuvventures.com. The Company has approximately 129,695,000 shares issued and outstanding.
CUV VENTURES CORP.
For further information contact:
CUV Ventures Corp.
Toll Free: 800-567-8181
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.