YuuZoo Option to Buy Cinram Holding Company Extended

YuuZoo Corporation announced its exclusive option to purchase the holding company of Cinram Europe has been extended to July 5, 2017.

For more information visit: www.yuuzoo.com ; www.cinram.eu


Unedited press release follows:

EXCLUSIVE OPTION TO ACQUIRE THE HOLDING COMPANY OF CINRAM DATED 22 MARCH 2017

The board of directors (the “Board”) of YuuZoo Corporation Limited (the “Company”) refers to its announcement dated 22 March 2017 (the “Announcement”) in relation to the Company’s acquisition of an exclusive option to buy the holding company of Cinram Europe, from US based 46 State Street LLC and an affiliate.

Unless otherwise defined, all capitalised terms herein shall have the meanings ascribed to them in the Announcement.

The Company wishes to inform shareholders that the Sellers, 46 State Street and its affiliate have extended the expiry date for exercise of the option from 30 June 2017 to 5 July 2017. The Company will release an update as and when any material decision is made.