Subject: For Immediate Release - Tevano Announces Warrant Extension and Resignation of CFO
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LEGAL_43516359.2
LEGAL_43516359.2
TEVANO ANNOUNCES WARRANT EXTENSION AND RESIGNATION OF CFO
Vancouver, BC, March 28th, 2024 - Tevano Systems Holdings Inc. (CSE: TEVO, FRA: 7RB) ("Tevano", or the "Company"), announces that it has extended the expiry date of 843,340 common share purchase warrants (the "Warrants") for the purchase of up to 843,340 common shares in the capital of the Company. The expiry date of the Warrants will be extended from April 4, 2024 to April 4, 2025. These Warrants were originally issued on April 4, 2023 as part of a debt settlement by way of 843,340 units of the Company (the "Units") at a price of $0.10 per Unit.
Amendment of the expiry date of the Warrants is subject to the approval of the Canadian Securities Exchange (the "CSE").
The Company also announces that Eugene Hodgson, Chief Financial Officer ("CFO") of the Company, has resigned as CFO of the Company, effective March 31, 2024. Mr. Hodgson will continue to be Corporate Secretary of the Company.
About Tevano
Tevano Systems Holdings Inc. is a provider of innovative solutions for the oil & gas exploration, production, and industrial effluent treatment and recycling industries. The Company is focused on developing cutting-edge technologies that address environmental challenges and promote sustainability. Tevano is committed to delivering high-quality, reliable solutions that meet the evolving needs of its clients worldwide.
For more information, please visit www.tevano.com
On behalf of the Board of:
TEVANO SYSTEMS HOLDINGS INC
Eugene Hodgson, Chief Financial Officer
eugeneh@tevanosystems.com
604-805-6600
Neither the CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
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