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Integration of HandCash digital wallet strengthens Mijem’s BSV loyalty program; brings new options to users

Toronto, Ontario–(Newsfile Corp. – August 16, 2022) – Mijem Newcomm Tech Inc. (CSE: MJEM) (“Mijem” or the “Company”), a social media and technology company, announces the integration of HandCash.io’s digital wallet into Mijem’s community buy & sell platform, further strengthening the product’s Loyalty Program offering to its users.

“By adding HandCash to our app, creating a Bitcoin SV (BSV) digital wallet and converting loyalty points earned on our platform into BSV is now easier than ever,” said Laurie Freudenberg, CEO of Mijem. “Our target Gen Z market has high expectations around the customer digital experience. For example, gaming is an integral part of Gen Z’s day-to-day lives, with over 80%1 of this demographic playing weekly. Now Mijem users can connect their HandCash wallet to a growing network of BSV games and apps, giving them even more options to use the BSV they’ve earned on our platform. We expect these new capabilities in our app to drive considerable interest as we head into the key back-to-school marketing period.”

“We couldn’t be more pleased to have the opportunity to work with Mijem to offer an enhanced experience and introduce their audience to the expanded world of BSV,” said Alex Agut, CEO of HandCash.io. “We look forward to growing our relationship and exploring future ways that we can work together.”

  1. https://gamingonphone.com/news/80-of-gen-z-and-millennials-play-video-games-as-of-2021/

About Mijem Newcomm Tech Inc.

Mijem is a Canadian-based social media and technology company that provides innovative solutions to create a vibrant social marketplace for Generation Z to connect and to efficiently buy, sell and trade goods and services. Mijem’s patent-pending flagship technology currently permits thousands of university and college students across the United States and Canada to both connect on-line and engage in consumer-to-consumer commerce.

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”.

Forward-looking information in this news release is based on certain assumptions and expected future events. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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