We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
TSXV:BV.H | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
Proceeds of the offering will be used for working capital, acquisitions, incurring Canada exploration expenditures (within the meaning of the Income Tax Act (Canada)), to settle debt with cash and bring the continuous disclosure record of the Company up to date.
In addition, the shareholders have approved the Company's proposal to settle (the "Debt Settlement") an aggregate of up to $1,100,000 of indebtedness through the issuance of up to 22,000,000 common shares of the Company. The debt settlement will substantially strengthen the Company's balance sheet.
The securities issued pursuant to the Offering and the Debt Settlement are subject to a four-month hold period. In addition, the Offering and the Debt Settlement are subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the NEX.
The Company is investigating strategic alternatives, including the sale of its assets and possible acquisitions, which may, or may not, involve a change of business, in order to enhance shareholder value.
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those currently anticipated due to a number of factors and risks. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Shares Outstanding: 22,615,576
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.
Contacts: Blue Vista Technologies Inc. Alex Falconer CFO and Director (416) 637-1063 falconer@revelstone.ca
1 Year Chart |
1 Month Chart |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions