Vencanna Trading Halt Pending Standard CSE Change of Business
"Vencanna Ventures" (the "Corporation" or "Vencanna") (CSE:VENI; OTCQB: TPPRF) Vencanna has been halted by the Canadian Stock Exchange ("CSE") pursuant to previously announced signing of the definitive agreement with Cannavative Group LLC (the "Transaction").
- "Vencanna Ventures" (the "Corporation" or "Vencanna") (CSE:VENI; OTCQB: TPPRF) Vencanna has been halted by the Canadian Stock Exchange ("CSE") pursuant to previously announced signing of the definitive agreement with Cannavative Group LLC (the "Transaction").
- The Transaction constitutes a "Fundamental Change" pursuant to the policies of the CSE, and the securities of Vencanna shall remain halted until the acceptance of the CSE and the approval of the shareholders of Vencanna regarding the Transaction.
- It is anticipated that the Transaction will be completed the summer of 2022 at which time the halt will be lifted.
- The transactions have transitioned the Corporation from an oil and gas issuer to a merchant capital firm, rebranded as "Vencanna Ventures".