05:01:21 EDT Sun 05 May 2024
Enter Symbol
or Name
USA
CA



Vatic Ventures Corp (4)
Symbol VCV
Shares Issued 23,477,033
Close 2018-07-19 C$ 0.145
Market Cap C$ 3,404,170
Recent Sedar Documents

ORIGINAL: Vatic Ventures reminds about rights offering deadline

2018-07-19 15:01 ET - News Release

Received by email:

File: NRJUL19.doc



VATIC RIGHTS OFFERING UPDATE


Not for distribution in the United States newswire services or for dissemination in the United States


Vancouver, BC, July 19, 2018 - Vatic Ventures Corp. (TSXV: VCV; OTCBB: VTTC; and Frankfurt: V8V3) (the "Company" or "V
--->atic") wishes to provide an update to its shareholders regarding its offering of rights (each, a "Right" and together 
--->the "Rights Offering"). The Rights Offering was announced on June 18, 2018, will close on July 25 2018, and aims to ra
--->ise gross proceeds of up to $2,347,703. 

Only holders of Vatic's common shares who are resident in Canada at the close of business on June 27, 2018 (the "Recor
--->d Date") are eligible, including those holders with common shares under a hold period. Every common share equates to o
--->ne Right. Every 1.8 Rights entitle the holder to subscribe for one Unit of the Company (each, a "Unit") at a price of 
--->$0.18 per Unit. Each Unit consists of one Common Share and one Common Share purchase warrant, with each Warrant entitl
--->ing the holder to purchase an additional Common Share for two years at an exercise price of $0.25. The Units have no h
--->old period and are immediately tradeable, which is different from a private placement, which typically has a 4 month h
--->old.

Additionally, the Rights were listed for trading on the TSX Venture Exchange under the symbol "VCV.RT" on June 26, 201
--->8, until July 25, 2018, 9:00 a.m. (Vancouver time), after which time unexercised Rights will be void and of no value. 
--->The Rights Offering includes an additional subscription privilege under which eligible holders of Rights, who fully ex
--->ercise their Rights, are entitled to subscribe, on a pro rata basis with other shareholders who participate in the ove
--->rsubscription, for Units that have not been purchased under the Rights Offering. The Warrants are listed for trading o
--->n the Exchange under the trading symbol "VCV.WT".

Eligible shareholders should have received documents that provide information as to how to take down the Rights Offeri
--->ng. Shareholders who have not received these documents are advised to immediately contact their broker or the Company'
--->s representative at Computershare Investor Services Inc. (Attn: Tom Liu). The Rights issued are documented by transfer
--->able Rights certificates (each, a "Rights Certificate"), which were mailed, together with a rights offering notice, to
---> all registered holders of eligible Common Shares, including those holders with Common Shares under a hold period. Eli
--->gible registered shareholders who wish to exercise their Rights must forward a completed Rights Certificate, together 
--->with the applicable funds, to Computershare Investor Services Inc., on or before July 25, 2018. Shareholders who own t
--->heir Common Shares through an intermediary, such as a bank, trust company, securities dealer or broker, should have re
--->ceived materials and instructions from their intermediary.


Further details are set out in Vatic's rights offering circular and rights offering notice, filed under the Company's 
--->profile at www.sedar.com.



ON BEHALF OF THE BOARD OF DIRECTORS
Nasim Tyab, Director 

ABOUT VATIC VENTURES CORP.
Vatic Ventures Corp. (www.vaticventures.com) is a junior exploration company and continues to assess new opportunities
---> and prospects.

Neither the 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."Neither the TSX Venture Exc
--->hange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accep
--->ts responsibility for the adequacy or accuracy of this release." The information contained herein contains "forward-lo
--->oking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to inform
--->ation that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determ
--->inable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or
---> future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-l
--->ooking statements are subject to a variety of risks and uncertainties that could cause actual events or results to dif
--->fer from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certaint
--->y to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does 
--->not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results co
--->uld differ materially from the Company's expectations or projections.



© 2024 Canjex Publishing Ltd. All rights reserved.