Mr. Sam Wong reports
CROSS RIVER ANNOUNCES UPDATE TO NON-BROKERED PRIVATE PLACEMENT
Cross River Ventures Corp. is proceeding with its previously announced non-brokered private placement of up to 144 million common shares at a price of 0.5 cent per share for gross proceeds of up to $720,000.
The net proceeds of the offering will be used to pay outstanding liabilities and for working capital purposes.
In accordance with applicable securities laws, the shares issued under the offering will be subject to a four-month-and-one-day hold period from the date of issuance. Closing of the offering is expected to take place on or about Nov. 21, 2025, and is subject to certain conditions customary for transactions of this nature including, but not limited to, the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange.
The company may pay finders' fees and/or commissions to eligible persons in connection with the offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.
We seek Safe Harbor.
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