Received by email:

File: VEG Sept 4, 2015.pdf


  

  

  

  
                                                                                                                      
--->          9
  Landport
  
                                                                                                                 Newpo
--->rt
  Beach,
  California
  
                                                                                                                      
--->                 92660
  
                                                                                                                    Ph
--->one:
  949.903.5906
  
                                                                                                                      
--->                        
  

  

  
For
  Immediate
  Release
                                                                         Friday,
  September
  4,
  2015
  
Calgary,
  Alberta
                                                            
  Canadian
  Securities
  Exchange
  Symbol:
  VEG
  
  

                                                                                        40,019,023
  Common
  Shares
  Issued
  

  

                  CAPTIVA VERDE CLOSES 1st TRANCHE OF PRIVATE PLACEMENT

CALGARY,
   ALBERTA
   
  September
  4,
  2015
  Captiva
  Verde
  Industries
  Ltd.
  ("Captiva
   Verde"
  or
  the
  
"Company")
   announces,
   further
   to
   its
   news
   release
   of
   August
   10,
   2015,
   that
   the
   Company
   closed
  
the
   first
   tranche
   of
   the
   non-brokered
   private
   placement
   of
   units
   of
   the
   Company
   (the
   "Units")
   at
  
$0.2625
   per
   Unit
   (the
   "Offering")
   for
   gross
   proceeds
   for
   the
   first
   tranche
   of
   approximately
  
$346,250.
  

The
   first
   tranche
   closing
   consisted
   of
   1,319,047
   Units.
   
   Each
   Unit
   consisted
   of
   one
   common
   share
   in
  
the
  capital
  of
  the
  Company
  (each
  a
  "Share")
  plus
  one-half
  of
  one
  common
  share
  purchase
  warrant
  
(a
   "Warrant").
   
   Each
   whole
   Warrant
   entitles
   the
   holder
   to
   purchase
   one
   additional
   Share
   at
   a
   price
  
of
  $0.35
  per
  Share
  until
  September
  4,
  2016.
  

In
   connection
   with
   the
   first
   tranche
   of
   the
   Offering,
   the
   Company
   paid
   cash
   commissions
   in
   the
  
amount
  of
  $34,625,
  being
  10%
  of
  the
  aggregate
  proceeds
  raised
  from
  the
  sale
  of
  Units
  to
  purchasers
  
introduced
  by
  eligible
  finders.
  
  The
  Company
  also
  issued
  non-transferable
  warrants
  (the
  "Finder's
  
Warrants")
  to
  acquire
  a
  total
  of
  49,142
  Shares,
  being
  6%
  of
  the
  number
  of
  Units
  sold
  under
  the
  first
  
tranche
   of
   the
   Offering
   to
   purchasers
   introduced
   by
   eligible
   finders.
   
   Each
   Finder's
   Warrant
   entitles
  
the
  holder
  to
  purchase
  one
  Share
  at
  a
  price
  of
  $0.35
  per
  Share
  until
  September
  4,
  2020.
  

All
  securities
  issued
  in
  connection
  with
  the
  first
  tranche
  of
  the
  Offering
  will
  be
  subject
  to
  a
  statutory
  
hold
  period
  expiring
  on
   January
  5,
  2016.
   
  Captiva
   will
   use
  the
  net
   proceeds
   from
   the
   first
  tranche
  of
  
the
  Offering
  for
  its
  organic
  farming
  plan
  and
  for
  general
  and
  administrative
  expenses.
  

The
  Company
  will
  be
  proceeding
  with
  the
  next
  tranche
  of
  the
  Offering.
  

On
  behalf
  of
  the
  Board
  of
  Directors
  of
  the
  Company
  and
  for
  further
  information,
  please
  contact:
  

Jeffrey Ciachurski                                                          Michael Boyd
Chairman and Chief Executive Officer                                        Director
9 Landport, Newport Beach,                                                  Tucson, Arizona
California, USA 92660                                                       Office: (502) 275-0979
Cell: (949) 903-5906                                                        E-mail: azmboyds@aol.com
E-mail: westernwind@shaw.ca
Website: www.veg.net





  
 READER ADVISORY
  
The CSE has neither approved nor disapproved the information contained herein.

This news release contains forward-looking statements. The Company has provided the forward-looking statements in
reliance on assumptions that it believes are reasonable at this time. The reader is cautioned that the assumptions use
--->d in
the preparation of the forward-looking statements may prove to be incorrect. All such forward-looking statements invol
--->ve
substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks
and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approv
--->al. The
actual results, performance or achievements could differ materially from those expressed in, or implied by, these
forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proce
--->eds,
the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.

  




                                                               
  
                                                                                                                      
--->          
  
                                    CAPTIVA
  VERDE
  INDUSTRIES
  LTD.
  
                  9
  Landport,
  Newport
  Beach,
  California
  92660
  |
  PH:
  949.903.5906
  
                                                            
  
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