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Coloured Ties Capital Inc APEOF


Primary Symbol: V.TIE

Coloured Ties Capital Inc. is a Canada-based investment company. The Company is focused on investing in early-stage commercial ventures and provides investee companies with capital market access and advisory services. The Company invests in equity, debt and convertible securities, which the Company intends will be acquired and held both for long-term capital appreciation and shorter-term gains. The Company’s investment strategy also includes structuring and initiating deals focused on resources, themes, or regions as well as launching the development of businesses in select industries by helping with the hiring of management teams, providing seed capital and facilitating the transition of such private companies to the public market.


TSXV:TIE - Post by User

Post by pigsandsheepon Sep 24, 2021 11:08pm
338 Views
Post# 33918552

Peru liabilities dropped

Peru liabilities droppedBy selling their interest in APPSA in Peru, GRO has terminated any liabilities for returning the property back to the givernment.  Over the past three years the Peru government has levied various penalities and contingincies and depleted a $5M bond that GRO had  on deposit.  It was costing over USD $30K a month to keep the Peru entity going as the government doesnt just let companys return properties when work commitments have not been met.This eliminates any further costs in Peru period.  Good move to eliminate the liability of the Peru property B.S.

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