Two Hands Corporation Confirms Shareholder Meeting Decisions and Company Direction

On March 31, 2025, Two Hands Corporation, trading under the symbols CSE: TWOH.X and OTC: TWOH, held a pivotal special meeting for its shareholders. This was a landmark moment for the Company, particularly due to the significant shareholder decisions made during this gathering.

At this meeting, the disinterested shareholders of Two Hands ratified and approved the issuance of 3 billion common shares to Emil Assentato. This substantial issuance stems from a conversion of previously outstanding convertible promissory notes amounting to $300,000. Importantly, this transaction signifies a crucial change in control within the Company, as Mr. Assentato now holds a commanding 54.85% of the issued and outstanding common shares.

The decision regarding the issuance of these shares indicates a strategic move by the Company to leverage its existing financial assets effectively. By facilitating this conversion, Two Hands Corporation aims to enhance its capital structure and provide a solid foundation for future endeavors.

In line with this change, the Board of Directors also received approval from the shareholders to amend the Company’s articles. This amendment will facilitate a proposed name change that the Board deems appropriate, pending approval from the Canadian Securities Exchange (CSE). This potential rebranding signifies Two Hands’ commitment to evolving and aligning its identity with its operational strategy.

However, not all proposals received affirmative support. The shareholders voted against approving a proposed consolidation of common shares, which was aimed at reorganizing the share structure on a basis of one post-consolidation share for every 20,000 pre-consolidation shares. This rejection reflects a cautious approach from shareholders regarding drastic changes to their ownership stake and the Company’s operational dynamics.

About Two Hands Corporation

Two Hands has established itself as a key player in the Food Retail and Distribution Service Industry. It has been dedicated to delivering quality products and services over the years, primarily focusing on the non-cyclical consumer sector. The Company’s commitment to meeting customer needs has solidified its market presence, and with these recent developments, it appears poised for further growth and development.

In a note of caution, the press release included forward-looking information and potential risks associated with the Company’s prospective changes. Two Hands highlighted the inherent uncertainties in forecasting outcomes, particularly with regards to the anticipated name change and future operational success. While the Company expresses confidence in its strategic direction, it emphasized that actual results may vary significantly from expectations due to a range of influencing factors.

This special meeting not only highlights significant shareholder engagement but also showcases Two Hands Corporation's proactive steps towards strategic growth. Investors and stakeholders will be keenly observing how these developments unfold and affect the Company's trajectory in the competitive market landscape. The Company remains committed to providing transparency and regular updates as it navigates these changes.

For more information, interested parties can visit the official Two Hands Corporation website at www.twohands.ca.

As a forward-thinking entity in the food distribution industry, Two Hands stands at a crossroads, with possibilities for expansion and transformation ahead.