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04:15:29 EDT Thu 09 May 2024
Enter Symbol
or Name
USA
CA



Level 14 Ventures Ltd
Symbol LVL
Shares Issued 91,515,501
Close 2023-06-21 C$ 0.20
Market Cap C$ 18,303,100
Recent Sedar Documents

Level 14 completes spinout of Green Mountain, Kobe

2023-07-05 19:59 ET - News Release

Subject: News Release for Dissemination PDF Document File: Attachment Plan of Arrangement - POA Completion - Final.pdf LEVEL 14 VENTURES LTD. 1400 400 Burrard Street Vancouver, BC V6C 3A6 LEVEL 14 ANNOUNCES COMPLETION OF SPINOUTS PURSUANT TO A PLAN OF ARRANGEMENT Vancouver, Bri sh Columbia, July 5, 2023 Level 14 Ventures Ltd. ("Level 14" or the "Company") (CSE: LVL) announces that it has completed its previously announced plan of arrangement (the "Arrangement") to spinout two of its wholly-owned subsidiaries, Green Mountain Resources Ltd. ("GMR") and Kobe Resources Ltd. ("Kobe"), to the exis ng shareholders of the Company (the "LVL Shareholders"). The Arrangement was approved at the Company's annual general and special mee ng held on June 22, 2023 and the Supreme Court of Bri sh Columbia issued its final order approving the Arrangement on June 27, 2023. Under the terms of the Arrangement, on July 5, 2023, each LVL Shareholder received: (i) one new common share of the Company for each exis ng common share of the Company (each, an "Old Share"); and (ii) one-tenth (1/10) of one common share in the capital of each of GMR and Kobe for each Old Share. Following comple on of the Arrangement, GMR and Kobe have each become independent repor ng issuers in the Provinces of Bri sh Columbia, Alberta, and Ontario. For complete details of the Arrangement, readers are encouraged to review the Arrangement Agreement that is currently available under the Company's profile on SEDAR (www.sedar.com). About Level 14 Ventures Ltd. Level 14 is an exploration-stage mining company with a focus on precious metals. The Company has an option to acquire 100% of the Colpayoc Property in Peru. For more information about Level 14, please visit our website at www.level14ventures.com or email us at info@level14ventures.com. Marcel de Groot, President & Director Neither the Canadian Securi es Exchange nor its Regula on Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.

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