Business

CellCube to Cancel Finance Agreement – $CUBE

CellCube Energy Storage Systems Inc. (CSE: CUBE) (OTCQB: CECBF) (Frankfurt 01X). After further review and input from our major shareholders, CellCube has decided not to proceed with the recently announced Alumina Partners financing.

We are very thankful for Alumina Partners having considered us as a portfolio investment but we believe our shareholders will be better served by allowing the Company to limit any major dilution at this time as it builds out its global strategy.

No fees have been paid and no penalties are associated with the cancellation of the facility.
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