TSXV Trading Symbol: VEG.H
21,513,896 Common Shares Issued
CALGARY, May 29, 2015 /PRNewswire/ - Captiva Verde Industries Ltd. (the "Company") announces further to its news release of December 4, 2014, that the Company has received confirmation from the Canadian Securities Exchange (the "CSE") that the common shares of the Company (the "Shares") are expected to commence trading on the CSE under symbol "VEG" at the opening of the market on June 2, 2015. The Company has requested that its Shares be voluntarily delisted from the NEX board of the TSX Venture Exchange concurrent with the listing of the Shares on the CSE.
The Company also announces that further to its news releases of December 4, 2014 and February 10, 2015, that the Company has received subscription agreements and funds for 4,060,000 Units (as such term is defined in the Company's news release of February 10, 2015) at $0.25 per Unit (the "Offering"). The Company expects to close the current tranche of the Offering concurrent with the listing of its Shares on the CSE for gross proceeds of approximately $1,015,000.
The Company has officially launched its website at www.veg.net which is a source of detailed nutritional information on organic leafy greens and other pertinent corporate information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or the inability to obtain required regulatory approval. The actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.
On behalf of the Board of Directors of the Company and for further information, please contact:
Chairman and Chief Executive Officer
9 Landport, Newport Beach
California, USA 92660
Cell: (949) 903-5906
Office: (502) 275-0979
SOURCE Captiva Verde Industries Ltd.