Captiva Verde Wellness Corp

OTC Pink - Current Information:CPIVFUnited StatesView on Canadian Exchange

Aug 30, 2024

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• Captiva Announces Share Repurchase Agreement, from 7:45PM ET on Friday Aug 30, 2024 by Newsfile

  7:45PM ET on Friday Aug 30, 2024 by Newsfile
  Companies Mentioned: CPIVF

  Vancouver, British Columbia--(Newsfile Corp. - August 30, 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 that the Company has entered into a share repurchase agreement (the "Repurchase Agreement") with its wholly-owned subsidiary, 1435300 B.C. Ltd. ("Sonny Sports Holdco"), Ronnie Strasser ("Strasser") and certain shareholders of the Company listed in Schedule "A" thereto (the "Purchasing Shareholders"), pursuant to which the Company expects to, subject to receipt of all required regulatory approvals, transfer its interest in Sonny Sports Holdco to Strasser and the other Purchasing Shareholders in exchange for the Purchasing Shareholders arranging for the return of an aggregate of 89,000,000 common shares in the capital of the Company (each common share, a "Common Share") to the treasury of the Company for cancellation at a deemed price of $0.02 per Common Share and an aggregate of 55,000,000 Common Share purchase warrants (each, a "Warrant") for cancellation at a deemed price of $0.00001 per Warrant.

• Captiva Announces Share Repurchase Agreement, from 7:45PM ET on Friday Aug 30, 2024 by Dow Jones

  7:45PM ET on Friday Aug 30, 2024 by Dow Jones
  Companies Mentioned: PWR
  
  Vancouver, British Columbia--(Newsfile Corp. - August 30, 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 that the Company has entered into a share repurchase agreement (the "Repurchase Agreement") with its wholly-owned subsidiary, 1435300 B.C. Ltd. ("Sonny Sports Holdco"), Ronnie Strasser ("Strasser") and certain shareholders of the Company listed in Schedule "A" thereto (the "Purchasing Shareholders"), pursuant to which the Company expects to, subject to receipt of all required regulatory approvals, transfer its interest in Sonny Sports Holdco to Strasser and the other Purchasing Shareholders in exchange for the Purchasing Shareholders arranging for the return of an aggregate of 89,000,000 common shares in the capital of the Company (each common share, a "Common Share") to the treasury of the Company for cancellation at a deemed price of $0.02 per Common Share and an aggregate of 55,000,000 Common Share purchase warrants (each, a "Warrant") for cancellation at a deemed price of $0.00001 per Warrant.