Brief: Venerable Ventures Provides Update On Acquisition Of Kapoose Creek Bio Corporation

Selkirk Copper Mines

20/02/2024 23:02

Feb 20 (Reuters) - Venerable Ventures Ltd  VLV.V :
    * VENERABLE VENTURES PROVIDES UPDATE ON ACQUISITION OF
KAPOOSE
CREEK BIO CORPORATION
    * VENERABLE VENTURES -  AGREED THAT IT WILL NOT PROCEED WITH
PROPOSED ACQUISITION OF KAPOOSE CREEK BIO CORP AS PREVIOUSLY
ANNOUNCED ON NOV 1, 2021
    * VENERABLE VENTURES LTD - CO AND KAPOOSE HAVE AGREED TO
TERMINATE
DEFINITIVE AMALGAMATION AGREEMENT PREVIOUSLY ENTERED INTO,
EFFECTIVE IMMEDIATELY
    * VENERABLE VENTURES LTD - NO FUNDS WERE ADVANCED BY COMPANY
TO
KAPOOSE IN CONNECTION WITH TRANSACTION
    * VENERABLE VENTURES LTD - CO NO LONGER HAS ANY ACTIVE
OPERATIONS
AND WILL NOT MEET TIER 2 CONTINUED LISTING REQUIREMENTS OF TSX
VENTURE EXCHANGE

Source text for Eikon:  ID:nCNW3lqS5a 
Further company coverage:  VLV.V 

 ((Reuters.Briefs@thomsonreuters.com;))