(TheNewswire)
VANCOUVER, British Columbia, June 17, 2024–TheNewswire – Hopefield Ventures Two Inc. (TSXV: HVII.P) (“HVII” or the “Company”) announces that the Company has terminated the definitive unit contribution and exchange agreement dated February 5, 2024, as amended (the “Definitive Agreement”) with Predictive Technologies, LLC (“Predictive”), Qeleo Technologies Finance Company Ltd., 1460984 B.C. Ltd., a wholly owned subsidiary of HVII and certain securityholders of Predictive which was intended to constitute HVII’s “Qualifying Transaction” as such term is defined in Policy 2.4 – Capital Pool Companies (“Policy 2.4”) of the TSX Venture Exchange (the “Exchange”).
The Company will continue to pursue and evaluate other businesses and assets with a view to completing a Qualifying Transaction and will make further announcements with respect to these efforts as soon as practically possible. In the interim, the Company will apply to the Exchange to reinstate trading of the Company’s common shares.
Contact Information
Hopefield Ventures Two Inc.
Suite 2200 – 885 West Georgia Street
Vancouver, B.C. V6C 3E8
Attention: Mark Binns, Chief Executive Officer
Telephone: (604) 681-0084
Email: mark.binns1@gmail.com
Cautionary Statement Regarding Forward-Looking Information
This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of Canadian securities legislation. Forward-looking information generally refers to information about an issuer’s business, capital, or operations that is prospective in nature. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking information. Forward-looking information is often identified by terms such as “may”, “should”, “anticipate”, “would”, “will”, “estimates”, “believes”, “intends”, “expects” and similar expressions which are intended to identify forward-looking information. More particularly and without limitation, this press release contains forward-looking information concerning (a) the ability of the Company to pursue and evaluate other businesses and assets, (b) the ability of the Company to complete a Qualifying Transaction, and (c) the resumption in trading of the Company’s common shares.
The Company cautions that all forward-looking information is inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of HVII, including expectations and assumptions concerning HVII, as well as other risks, uncertainties, and assumptions, including but not limited to assumptions regarding prevailing market conditions and general business, economic, competitive, political and social uncertainties to develop the forward-looking information in this press release. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Investors are cautioned that any information released or received with respect to, among other matters disclosed in this press release, the ability of the Company to complete a Qualifying Transaction and/or the resumption of trading in the Company’s commons shares. Such forward-looking information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking information contained in this press release is expressly qualified by this cautionary statement.
The forward-looking information contained in this press release is made as of the date of this press release and HVII does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.
Not for distribution to United States newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.
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