Mr. Eric Denhoff reports
H2 VENTURES 1 INC. ANNOUNCES ADOPTION OF QUARTERLY REPORTING EXEMPTION
H2 Ventures 1 Inc. has elected to rely on the blanket order exemptions adopted by the Canadian Securities Administrators (CSA), providing exemptive relief permitting eligible reporting issuers to file disclosure documents on a semi-annual basis rather than a quarterly basis.
The blanket order permits eligible venture issuers to voluntarily file:
(i) interim financial reports and related management's discussion and analysis on a semi-annual basis for the first six-month period of a financial year; and
(ii) annual audited financial statements and related management's discussion and analysis,
subject to the conditions set out in the blanket order.
In reliance of the blanket order, the company will not file interim financial statements and related management's discussion and analysis for the three-month period ending March 31, 2026, and nine-month period ending Sept. 30, 2026.
The company believes that adopting semi-annual reporting will reduce administrative and reporting costs and allow management to focus additional time and resources on the company's business operations.
The company confirms that it satisfies the conditions required to rely on the blanket order. The company will continue to comply with its continuous disclosure obligations under applicable Canadian securities laws, including its obligation to promptly disclose any material information relating to the company.
This news release is being filed pursuant to Coordinated Blanket Order 51-933,
Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.
About H2 Ventures 1 Inc.
H2 is a capital pool company (CPC) within the meaning of Policy 2.4. H2 has not commenced commercial operations and has no assets other than cash. Except as specifically contemplated in the Policy 2.4, until the completion of its qualifying transaction, the company will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed qualifying transaction.
We seek Safe Harbor.
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