Subject: Tablas news release for immediate dissemination
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TABLAS VENTURES CORP.
515 - 701 West Georgia Street
Vancouver, BC V7Y 1C6
Telephone: (778) 331-8505
TABLAS CLOSES PRIVATE PLACEMENT AND DEBT SETTLEMENT
Vancouver, BC, Canada, February 5, 2026 - Tablas Ventures Corp. (TSXV: TAB.H) ("Tablas" or the "Company") has closed its previously announced non-brokered private placement (the "Financing"), and the settlement of certain liabilities for common shares of the Company (the "Debt Settlement").
Pursuant to the Financing, the Company raised gross proceeds of $101,250 through the issuance of 900,000 common shares of the Company at a deemed price of $0.1125 per share. No finders' fees were payable in connection with the Financing.
Pursuant to the Debt Settlement, the Company settled an aggregate of $95,865 (including $55,857.31 due to LP2017 as disclosed below, and $40,008.07 due to an arm's length service provider for accounting services) in liabilities through the issuance of 852,136 common shares of the Company at a deemed price of $0.1125 per share.
The common shares issued under the Financing and Debt Settlement are subject to a hold period expiring on June 6, 2026.
Following the Financing and Debt Settlement, the Company has 10,312,734 common shares issued and outstanding (the "Common Shares").
On July 31, 2025, October 24, 2025, and October 27, 2025, The Emprise Special Opportunities Fund (2017) Limited Partnership ("LP2017") of Vancouver, B.C., a controlling shareholder of the Company, loaned $10,000, $23,000, and $27,000, respectively, to the Company for working capital purposes. The unsecured loans bore interest at the rate of 10% per annum, and were due on demand. Pursuant to the Debt Settlement, LP2017 acquired 496,509 Common Shares upon settlement of the $55,857.31 in principal and interest, retiring full amount owing. The Company has relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of such insider participation.
The Company did not file a material change report more than 21 days before the expected closing of the Debt Settlement because the details of the participation therein by related parties of the Company were not settled until shortly prior to closing of the Debt Settlement and the Company wished to close on an expedited basis for business reasons.
Early Warning Disclosure
Immediately prior to the Financing and Debt Settlement, LP2017 owned and controlled 3,675,846 Common Shares, representing approximately 42.94% of the outstanding Common Shares. As a result of the Common Shares issued to LP2017 pursuant to the Debt Settlement, LP2017 has ownership and control over 4,172,355 common shares of the Company, representing 40.46% of the issued and outstanding Common Shares.
LP2017 acquired the above-noted common shares for investment purposes. LP2017 may in the future take such actions in respect of its holdings in the Company as it may deem appropriate in light of the circumstances then existing, including the purchase of additional securities of the Company through open market purchases or privately negotiated transactions or the sale of all or a portion of its individual holdings in the open market or in privately negotiated transactions to one or more purchasers, subject in each case to applicable securities law.
To obtain a copy of the early warning report under applicable Canadian provincial securities legislation, please go to the Company's profile under SEDAR+ at www.sedarplus.ca.
On behalf of the Board
Scott Ackerman
CEO and Director
For further information, please contact:
Scott Ackerman
CEO and Director
(778) 331-8508
sackerman@emprisecapital.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements included in this news release, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature, are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be, but are not always, identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, and related matters, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. There can be no assurance that any forward-looking statement will prove to be accurate or that management's assumptions underlying such statements, including assumptions concerning the Company, or future developments, circumstances or results will materialize. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake to update or revise any forward-looking information included herein, except in accordance with applicable securities laws.
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