Coquitlam, British Columbia--(Newsfile Corp. - February 22, 2019) - Captiva Verde Land Corp. (CSE: PWR) (the
"Company"), is pleased to announce a non-brokered private placement (the "Private Placement") for up to 3,000,000 Units
("Units") at a price of $0.10 per Unit to raise total proceeds of $300,000. Each Unit will be comprised of one common share of the
Company (a "Share") and one-half of one common share purchase warrant of the Company ("Warrant"). Each whole Warrant will be
exercisable into a common share of the Company at an exercise price of CDN$0.25 with a one-year expiry. All securities sold in this
private placement will be subject to a 4-month hold period from closing. The proceeds of this Private Placement are for the
Company's general corporate purposes.
The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933,
as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent
registration or an applicable exemption from the registration requirements. This news release will not constitute an offer to sell
or the solicitation of an offer to buy nor will there be any sale of the securities in any State in which such offer, solicitation
or sale would be unlawful.
For further information, please contact Mr. Jeffrey Ciachurski or view the Company's filings at www.SEDAR.com.
On Behalf of the Board of Directors
For further information, please contact:
Jeffrey Ciachurski
Chief Executive Officer and Director
Cell: (949) 903-5906
E-mail: westernwind@shaw.ca
Cautionary Note Regarding Forward Looking Information
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other
than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking
statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified
by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar
expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the
expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees
of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could
cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices,
and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned
that any such statements are not guarantees of future performance and actual results or developments may differ materially from
those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of
the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company
undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions,
or other factors, should change.
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED
STATES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43000
