GAR Limited Announces Effective Date for Name Change and Continuation

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

VANCOUVER, British Columbia, Aug. 24, 2018 (GLOBE NEWSWIRE) -- GAR Limited (“NETC” or the “Company”) (CSE: NETC) (OTC: GARLF) is pleased to announce that further to its news release dated August 22, 2018, the effective date for the Company’s name change to “Netcoins Holdings Inc.” will be August 29, 2018 (the “Name Change”). The Company’s Canadian Securities Exchange (“CSE”) ticker symbol will not change and will remain NETC.  Following the Name Change, the Company will effect a continuation into the province of British Columbia (the “Continuation”).

The Company’s common shares are expected to begin trading on the CSE on August 30, 2018 under the name “Netcoins Holdings Inc.” and the symbol “NETC”. The new CUSIP will be 64113C103 and the new ISIN number will be CA64113C1032.

The Name Change and Continuation were approved by the Company’s shareholders at its Annual General and Special Meeting held on August 21, 2018. For a detailed description of the principal effects of the Continuation, please refer to the Company’s Management Information Circular dated July 18, 2018 and filed on SEDAR on July 24, 2018.

ON BEHALF OF THE BOARD OF DIRECTORS

Mark Binns,

CEO and Director

For Investor Relations Inquiries please contact Skanderbeg Capital Advisors at 604 687 7130 or email

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding “Forward-Looking” Information

This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.