Venerable Ventures announces that further to its Dec 16, 2024 news release announcing a C$250,000 from various lenders, the Company has now issued an aggregate of 1,562,500 share purchase warrants to the Lenders. Each Loan Bonus Warrant entitles the holder to purchase one common share of the Company at an exercise price of C$0.16 for a period of 12 months from the issue date. The issuance of 687,500 warrants to two [...]
Venerable Ventures announces that a group of third parties and related parties have advanced a total of CAD $250,000 to the Company. The Loan is unsecured, bears no interest and is repayable in full one year from the date of issuance. The funds from the Loan will be used to support the due diligence process for a potential acquisition, including costs associated with preparatory activities. In consideration for providing [...]
Venerable Ventures announces the closing of a non-brokered private placement for aggregate gross proceeds of $300,000 through the issuance of 6,000,000 units at a price of $0.05 per Unit. Each Unit consists of one common share and one full common share purchase warrant with each Warrant entitling the holder to acquire an additional common share at an exercise price of $0.065 until July 23, 2029. All securities issued in [...]
Venerable Ventures announces a non-brokered private placement for aggregate gross proceeds of $300,000. The Offering will consist of 6,000,000 units at a price of $0.05 per Unit. Each Unit will consist of one common share and one full common share purchase warrant with each Warrant entitling the holder to acquire an additional common share at an exercise price of $0.065 for a period of five years from the date of [...]
Venerable Ventures announces that subject to TSX Venture approval, the previously announced consolidation of the Company's common shares on the basis of two pre-consolidation shares for every one post-consolidation share will become effective at market opening on May 31, 2024. Following the Consolidation, the Company will have approximately 6,756,468 common shares issued and outstanding. Any fractional post-Consolidation [...]
Venerable Ventures Ltd. announces that it intends to proceed with a consolidation of its common shares with a ratio of two pre-consolidation common shares for each one post-consolidation common share . The Company expects to implement the Consolidation in the coming weeks and will disseminate a further news release which will set out the effective date for the Consolidation. The Consolidation is subject to acceptance from [...]
Venerable Ventures Ltd. announces further to its news release on February 20, 2024, the Company is on a 90 days' Notice to transfer to NEX board of the TSX Venture Exchange for not meeting Tier 2 Continued Listing Requirements . Trading in the common shares of the Company will resume effective at the opening on Tuesday, April 23, 2024 under the ticker symbol TSXV: VLV. On behalf of the Board of Directors, [...]
Venerable Ventures Ltd. announces that following discussions with Kapoose Creek Bio Corporation it has agreed that it will not proceed with the proposed acquisition of Kapoose as previously announced on November 1, 2021. The Company is pleased with the significant advancements made by Kapoose to expand and develop its research efforts but is not of the view that current market conditions will support completion of the [...]
Venerable Ventures Ltd. announces that it is continuing to work with Kapoose Creek Wellness Ltd. to advance the proposed acquisition of all of the outstanding share capital of Kapoose, but has delayed completion of the Transaction in response to current market conditions. Kapoose is an arms'-length life sciences and natural health product development company, established under the laws of the Province of British Columbia [...]
Venerable Ventures Ltd. is pleased to announce that it has entered into definitive amalgamation agreement , dated effective November 1, 2021, pursuant to which it proposes to acquire all of the outstanding share capital of Kapoose Creek Wellness Ltd. . The Agreement replaces the letter of intent previously entered into between the Company and Kapoose, dated effective September 7, 2021. Kapoose is an arms'-length life [...]
Venerable Ventures Ltd. is pleased to announce that it has entered into a letter of intent , dated effective September 7, 2021, pursuant to which it proposes to acquire all of the outstanding share capital of Kapoose Creek Wellness Ltd. . Kapoose is an arms'-length life sciences and natural health product development company, established under the laws of the Province of British Columbia. Kapoose is dedicated to the [...]
Venerable Ventures Ltd. is pleased to announce that it has received TSXV approval for and has effected the final purchase of the Trout Property previously announced on November 30, 2015. The final purchase was completed pursuant to the Mineral Property Purchase Agreement dated November 23, 2015 with Robert Carmichael and Landmark Geological Inc. Pursuant to the Agreement, the Company has acquired the Trout Property [...]
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