Ampd Ventures - AMPDF STOCK NEWS

AMPD Ventures Inc. (CSE: AMPD, OTCQB: AMPDF) announced a partnership with Magnolia Quality Development Corporation Limited (MQDC) to provide consulting services for a massive mixed-use project in Bangkok, Thailand. The venture aims to develop the largest metaverse content production facility in Asia, featuring advanced infrastructure for digital media creation. This includes a virtual production LED stage and a media studio, positioning Thailand as a hub for metaverse and film production in the region. AMPD's expertise in high-performance computing and media production is expected to play a crucial role in this initiative.

AMPD Ventures Inc. (CSE:AMPD, OTCQB:AMPDF) announced a non-brokered private placement to raise up to CAN$2,000,000 by selling up to 14,285,715 units at CAN$0.14 per unit. Each unit includes one common share and a warrant to purchase another share at CAN$0.20 for 24 months. The funds will be allocated to expand infrastructure, increase workforce, and for general working capital. The placement requires regulatory approval and has a four-month hold on issued securities.

AMPD Ventures Inc. announced the appointment of Monica Morgan as Vice President of Real Estate and Projects at its subsidiary, Departure Lounge Inc. Morgan brings nearly 30 years of experience, transitioning from a consulting role to co-founder. Her expertise includes public sector land and real estate partnership development, with involvement in projects securing billions in public sector investments. This strategic hire aims to leverage emerging technologies in Metaverse-related projects, aligning with AMPD's growth in high-performance computing solutions.

AMPD Ventures Inc. (CSE: AMPD) (OTCQB: AMPDF) has partnered with Tippett Studio Inc., a leader in visual effects, to utilize AMPD Virtual Studio for its expansion in North America. This collaboration is seen as a validation of AMPD's high-performance cloud-based solutions for digital content creation. Tippett Studio's new Toronto office will service major clients including Marvel and Disney. The AMPD Virtual Studio offers a cost-effective and flexible alternative to traditional workstations, enhancing productivity for digital content studios.

AMPD Ventures Inc. has appointed Tanya Woods to its board of directors, effective September 12, 2022. Ms. Woods, an accomplished entrepreneur and technology lawyer, is recognized for her expertise in digital media, telecommunications, and AI, and currently leads Futurity Partners. Her appointment aims to enhance AMPD's strategic direction as the company focuses on high-performance computing in the metaverse. CEO Anthony Brown expressed confidence in her ability to drive growth and innovation in this sector.

AMPD Ventures Inc. has closed the second tranche of its non-brokered private placement, raising total gross proceeds of CAN$1,827,500. The final tranche included the issuance of 8,454,999 Units at CAN$0.14 per Unit, which comprises one common share and one warrant for shares at CAN$0.20 for 18 months. The funds will be utilized for infrastructure deployment, increasing headcount, and general working capital. Finders received CAN$92,629.60 in cash and additional warrants.

AMPD Ventures has successfully closed the first tranche of its non-brokered private placement, issuing 4,598,572 units at CA$0.14 each, raising gross proceeds of CA$643,800. Each unit includes a common share and a warrant for an additional share at CA$0.20, valid for 18 months. Due to high demand, AMPD is increasing the offering size to CA$1.8 million, with the final tranche expected by August 24, 2022. The funds will be used to enhance infrastructure and operations as the company aims for revenue generation.

AMPD Ventures Inc. announced a private placement to issue up to 7,142,858 units at a price of CAN$0.14 per unit, aiming to raise CAN$1,000,000. Each unit consists of one common share and one common share purchase warrant, exercisable at CAN$0.20 for 18 months. The funds will be used for expanding AMPD infrastructure, increasing headcount, and working capital. The placement is subject to regulatory approval and includes a four-month hold period on securities issued.

AMPD Ventures Inc. (CSE:AMPD)(OTCQB:AMPDF) announced that its subsidiary, Departure Lounge, has received certification from Microsoft Mixed Reality Capture Studios for its Metastage Volumetric Capture Stage. This stage, featuring 106 high-resolution cameras, is now operational, allowing for the production of ultra-high fidelity 3D holograms. The facility is equipped to support immersive content creators and will host open house events during the upcoming SIGGRAPH 2022 Conference to showcase its capabilities.