TessPay and Cresval Capital Corp. have announced that their Plan of Arrangement (originally entered into January 16, 2018) whereby TessPay and a newly incorporated subsidiary of Cresval would amalgamate, continue as TessPay and become a listed issuer on the TSXV, has been terminated. TessPay continues to work to on commencing revenue generation for its business system and expects to do so in the near future. In this regard, TessPay will also concurrently continue capital raising efforts with a view to seek a stock exchange listing later in 2019.

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