Captiva Verde Wellness Corporate Update
Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) has announced several key updates:
1. Private Placement: The company has arranged a private placement of 150 million units at $0.02 per unit with European-based Cormel Capital , subject to CSE approval. Each unit includes one common share and one warrant convertible at $0.05 for 3 years.
2. Use of Proceeds: Funds will be used for working capital and to develop affordable homes on the company's 130-acre property in New Brunswick.
3. Miami Padel Team Negotiations: Captiva Verde is in talks with Ronnie Strasser to potentially sell back the Miami Padel team in exchange for the return of 89 million shares and 55 million warrants, plus the option to purchase an additional 37 million shares.
4. Alternative Plan: If negotiations fail, the company plans to sell the Miami Padel Team to the highest bidder and focus on its real estate business.
Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) ha annunciato diversi aggiornamenti chiave:
1. Placement Privato: L'azienda ha organizzato un placement privato di 150 milioni di unità a $0,02 per unità con Cormel Capital, con sede in Europa, soggetto all'approvazione della CSE. Ogni unità include un'azione ordinaria e un warrant convertibile a $0,05 per 3 anni.
2. Utilizzo dei Proventi: I fondi saranno utilizzati per il capitale operativo e per sviluppare abitazioni accessibili sulla proprietà di 130 acri dell'azienda nel New Brunswick.
3. Trattative per il Team di Padel di Miami: Captiva Verde è in trattativa con Ronnie Strasser per potenzialmente riacquistare il team di Padel di Miami in cambio del ritorno di 89 milioni di azioni e 55 milioni di warrant, oltre all'opzione di acquistare ulteriori 37 milioni di azioni.
4. Piano Alternativo: Se le trattative falliscono, l'azienda prevede di vendere il Team di Padel di Miami al miglior offerente e concentrarsi sul suo business immobiliare.
Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) ha anunciado varias actualizaciones clave:
1. Colocación Privada: La compañía ha organizado una colocación privada de 150 millones de unidades a $0.02 por unidad con Cormel Capital, con sede en Europa, sujeto a la aprobación de la CSE. Cada unidad incluye una acción ordinaria y un warrant convertible a $0.05 por 3 años.
2. Uso de los Fondos: Los fondos se utilizarán para capital de trabajo y para desarrollar viviendas asequibles en la propiedad de 130 acres de la compañía en New Brunswick.
3. Negociaciones del Equipo de Padel de Miami: Captiva Verde está en conversaciones con Ronnie Strasser para potencialmente recuperar el equipo de Padel de Miami a cambio del regreso de 89 millones de acciones y 55 millones de warrants, más la opción de comprar otros 37 millones de acciones.
4. Plan Alternativo: Si las negociaciones fracasan, la compañía planea vender el Equipo de Padel de Miami al mejor postor y enfocarse en su negocio inmobiliario.
Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF)는 몇 가지 주요 업데이트를 발표했습니다:
1. 사모펀드: 이 회사는 유럽에 본사를 둔 Cormel Capital과 함께 단위당 $0.02에 1억 5천만 개의 단위를 조달하는 사모펀드를 준비했습니다. 각 단위에는 하나의 보통주 및 3년 동안 $0.05로 전환 가능한 권리가 포함됩니다.
2. 자금 사용 계획: 자금은 운영 자본과 뉴브런즈윅에 있는 회사의 130에이커 부지에 저렴한 주택을 개발하는 데 사용됩니다.
3. 마이애미 패들 팀 협상: Captiva Verde는 Ronnie Strasser와 협상 중으로, 마이애미 패들 팀을 다시 사는 대신 8천9백만 주와 5천5백만 개의 권리를 반환받는 방안을 논의하고 있습니다. 추가로 3천7백만 주를 구매할 수 있는 옵션도 포함됩니다.
4. 대체 계획: 협상이 실패할 경우, 이 회사는 마이애미 패들 팀을 최고 입찰자에게 판매하고 부동산 사업에 집중할 계획입니다.
Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) a annoncé plusieurs mises à jour clés :
1. Placement Privé: L'entreprise a organisé un placement privé de 150 millions d'unités au prix de 0,02 $ par unité avec Cormel Capital basé en Europe, sous réserve de l'approbation de la CSE. Chaque unité comprend une action ordinaire et un bon de souscription convertible à 0,05 $ pendant 3 ans.
2. Utilisation des Produits: Les fonds seront utilisés pour le fonds de roulement et pour développer des logements abordables sur la propriété de 130 acres de l'entreprise au Nouveau-Brunswick.
3. Négociations de l'Équipe de Padel de Miami: Captiva Verde est en pourparlers avec Ronnie Strasser pour éventuellement récupérer l'équipe de Padel de Miami en échange du retour de 89 millions d'actions et 55 millions de bons de souscription, plus l'option d'acheter 37 millions d'actions supplémentaires.
4. Plan Alternatif: Si les négociations échouent, la société prévoit de vendre l’équipe de Padel de Miami au plus offrant et de se concentrer sur son activité immobilière.
Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) hat mehrere wichtige Updates bekannt gegeben:
1. Private Platzierung: Das Unternehmen hat eine private Platzierung von 150 Millionen Einheiten zu einem Preis von 0,02 $ pro Einheit mit dem in Europa ansässigen Cormel Capital arrangiert, vorbehaltlich der Genehmigung durch die CSE. Jede Einheit umfasst eine Stammaktie und ein warrant, das für 3 Jahre zu 0,05 $ wandelbar ist.
2. Verwendung der Erlöse: Die Mittel werden für das Betriebskapital und zur Entwicklung von preisgünstigen Wohnungen auf dem 130 Hektar großen Grundstück des Unternehmens in New Brunswick verwendet.
3. Verhandlungen zum Miami Padel Team: Captiva Verde führt Gespräche mit Ronnie Strasser, um möglicherweise das Miami Padel Team im Austausch für die Rückgabe von 89 Millionen Aktien und 55 Millionen Warrants sowie die Option zum Kauf zusätzlicher 37 Millionen Aktien zurückzukaufen.
4. Alternativer Plan: Sollte die Verhandlung fehlschlagen, plant das Unternehmen, das Miami Padel Team an den Höchstbietenden zu verkaufen und sich auf sein Immobiliengeschäft zu konzentrieren.
- Arranged private placement of 150 million units at $0.02 per unit, potentially raising $3 million
- Plans to develop affordable homes on 100% owned, debt-free 130-acre property in New Brunswick
- Potential return of 89 million shares and 55 million warrants to treasury if Miami Padel team sale is successful
- Potential dilution of existing shareholders due to large private placement
- Uncertainty surrounding the outcome of Miami Padel team negotiations
- Possible shift in business focus if Miami Padel team is sold
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) ("Captiva Verde") a public company listed on the Canadian Securities Exchange under the trading symbol PWR and further listed on the US OTC Market under the symbol CPIVF announces the following updates:
The company has arranged with a European based finder, Cormel Capital LLC, a private placement of 150 million units at
The use of proceeds will be for general working capital and to start the development of badly needed affordable homes on the company's
In addition, the company has been in negotiations with Ronnie Strasser and his nominees (collectively "RS") for the Company to sell back to RS, the Miami Padel team for various considerations including the return by RS of 89 million shares and 55 million warrants to the treasury for cancellation as well as RS and his nominees making available for purchase an additional 37 million shares of Captiva.
If such negotiations are not fruitful, the Company will place for sale the entire Miami Padel Team and its marketing rights to the highest bidder through a sales process involving several agents. The Company was in Miami earlier this month, scoping some of the potential buyers. The company will then remain in the real estate business as per its original mandate with the CSE.
On Behalf of the Board of Directors
"Jeff Ciachurski"
Jeffrey Ciachurski
Chief Executive Officer and Director
Cell: (949) 903-5906
E-mail: westernwind@shaw.ca
Neither Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Information
This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities laws and United States securities laws (together, "forward-looking statements"). All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the expansion of Captiva's health and wellness platform.
Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget", "propose" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: general business and economic conditions. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A (a copy of which is available under the Company's SEDAR profile at www.sedar.com). The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221195
FAQ
What is the private placement deal announced by Captiva Verde Wellness (CPIVF) on August 26, 2024?
How does Captiva Verde Wellness (CPIVF) plan to use the proceeds from the private placement?
What are Captiva Verde Wellness's (CPIVF) plans regarding its Miami Padel team as of August 26, 2024?
What potential benefits could Captiva Verde Wellness (CPIVF) receive from selling the Miami Padel team?
