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Captiva Verde Industries Ltd
Symbol VEG
Shares Issued 21,513,896
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ORIGINAL: Captiva Verde to issue Ciachurski one million shares

2016-03-15 23:29 ET - News Release

Received by email:

File: VEG - March 15th 2016.pdf





                                                                                            Suite201,78080CalleAmigo
                                                                                                    LaQuinta,Californi
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                                                                                                                92253
                                                                                                   Phone:949.903.5906
                                                                                                                      
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ForImmediateRelease                                                                        March15,2016
LaQuinta,California                                                CanadianSecuritiesExchangeSymbol:VEG
                                                                   UnitedStatesOTCMarketSymbol:ARDWF
                                                                          56,315,924CommonSharesIssued

                          CAPTIVA VERDE ANNOUNCES SHARES ISSUANCE

La Quinta, California   March15, 2016. Captiva Verde Industries Ltd. ("Captiva Verde" or the
"Company")announcesthatitwillissue1,000,000commonsharesinthecapitaloftheCompany
(the"Shares")atadeemedpriceofC$0.26682perSharetoJeffreyJ.Ciachurski("Ciachurski"),the
Chief Executive Officer and a director of the Company as consideration in connection with the
personal guarantee Ciachurski made on certain trade payables owing by the Company to arm's
length parties in the aggregate amount of US$4,114,076.59 (C$5,445,391.78) (the "Trade
Payables").  The issuance of the Shares is a one-time payment representing 4.9% of the Trade
PayableandispaidinconnectionwiththesignificantpersonalfinancialriskCiachurskiassumedby
guaranteeingtheTradePayables.

TheissuanceoftheSharesissubjecttoanumberofconditions,includingreceiptofallnecessary
corporateandregulatoryapprovals,includingtheCanadianSecuritiesExchange.TheBonusShares
will be subject to a statutory hold period of four months plus a day from the date of issuance in
accordance with applicable securities legislation.  The issuance of the Shares is not subject to
shareholderapprovalnorvaluationrequirementsofMultilateralInstrument61-101- Protectionof
MinoritySecurityHoldersinSpecialTransactions as the consideration is not more than 25% of the
Company'scurrentmarketcapitalization.

OnbehalfoftheBoardofDirectorsoftheCompanyandforfurtherinformation,pleasecontact:

Jeffrey Ciachurski                                              Michael Boyd
Chief Executive Officer                                         Director
Suite 201 78080 Calle Amigo                                     Tucson, Arizona
La Quinta, California USA 92253                                 Office: (502) 275-0979
Cell: (949) 903-5906                                            E-mail: azmboyds@aol.com
E-mail: Jeff@veg.net
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
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the preparation of the forward-looking statements may prove to be incorrect. All such forward-looking statements invol
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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
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the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.




 


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