AAPKI Ventures (CSE APKI) announces Closing of Financing and newborn C-suite changes, including crowning activity positions – Journal Today Internet

Surrey, nation Columbia, July 03, 2024 (GLOBE NEWSWIRE) — Aapki Ventures Inc. (“AAPKI” or the “Company”) (CSE: APKI) (FFT: 64Q), announces that that it has winking its previously declared non-brokered clannish placement. The Company acknowledged subscriptions for 58,000,000 units at a toll of $0.05 per organisation (the “Units”) for large proceeds of $2,900,000.

Pursuant to the cost of the Financing, apiece Unit consists of digit ordinary deal in the justness of the Company and digit ordinary deal acquire endorse (a “Warrant”). Each Warrant entitles the bearer to acquire digit added ordinary deal of the Company at a toll of $0.06 per deal for a punctuation of digit (2) eld from the approaching of the Financing. Warrants are mortal to a four-month speed upon the shares trading for 10 serial life at $0.25 or more.

Two insiders of the Company subscribed for an aggregative of 51,200,000 units of the Company. Such status is thoughtful a attendant band dealings as circumscribed low Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The dealings module be privileged from the conventional appraisal and eld investor support requirements of MI 61-101 as neither the clean mart continuance of some securities issued to or the kindness paying by much persons module crowning 25% of the Company’s mart capitalization

Securities issued are mortal to trading restrictions until Nov 4, 2024.

Proceeds of the Financing module be utilised by the Company to contemplate send assets and employed capital.

The Company also declared that Marcus Withers has been titled CEO of the Company. Mr. Withers brings panoptic undergo in antiquity and nonindustrial advertizement and residential actualised realty in the midwestern United States, creating and expanding recreation venues and initiatives and in owning and operative automobile dealerships, finance elements and concern services over his cardinal assemblage occupation in metropolis KY.

Mr. Withers has prefabricated a $2.5 meg note assets to wage AAPKI with play crowning to modify its stake and playing utilization units and intends to fulfil within this orbit to physique APKI apace towards treatment to follow in the combative landscape. This assets was conception of the $2.9 meg note clannish positioning which winking on weekday July 2, 2024.

Mr. Withers has bought and oversubscribed nearly a cardinal properties in his cardinal assemblage actualised realty occupation and shapely a brawny regional portfolio of multi family, azygos kinsfolk and advertizement properties. He has convergent on specialty projects in the modify income expanse in concert with State and locally enhanced playing partnerships over the time some years.

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Additionally AAPKI has titled Evangelist Flynn as Chief Financial Officer. Mr Flynn was the President, Chief Financial Officer and co-founder of Segmentz, a regional logistics consort that became XPress-1 (XPO) on the NY Stock Exchange, from 2000-2005. Mr Flynn brings brawny unstoppered crowning markets undergo to APKI and has a brawny scenery in primeval initiate playing utilization crossways some industries.

AAPKI module unstoppered a United States duty in metropolis KY and begin an astir see to modify its stake and playing assets businesses.

Lucky Janda, past CEO of APKI module embellish the VP of Marketing and Capital Markets and module be settled in the United States in the metropolis Office.

Please occurrence Evangelist Flynn with some investor questions john.flynn@apkiventures.com.

ON BEHALF OF THE BOARD
Marcus Wither, CEO
917-501-1033

This programme promulgation contains forward-looking statements leave different risks and uncertainties that could drive actualised results to dissent materially from those echolike in these forward-looking statements. Such statements are supported on underway expectations, are mortal to a sort of uncertainties and risks, and actualised results haw dissent materially from those contained in much statements. These uncertainties and risks include, but are not restricted to, the capableness of the crowning markets, operational, funding, and liquidity risks. Risks and uncertainties most the Company’s playing are more full discussed in the Company’s revealing materials filed with the securities restrictive polity in Canada and acquirable at www.sedarplus.ca and readers are urged to feature these materials. The Company assumes no obligation to update some forward- hunting evidence or to update the reasons ground actualised results could dissent from much statements unless required by law.

Neither the river Securities Exchange nor its conception services bourgeois (as that constituent is circumscribed in the policies of the river Securities Exchange) accepts domain for the quality or quality of this release. This programme promulgation does not represent an substance to delude or a collection of an substance to acquire the securities described herein in the United States. The securities described herein hit not been and module not be qualified low the United States securities behave of 1933, as amended, and haw not be offered or oversubscribed in the allied states or to the statement or goodness of a U.S. mortal abstracted an waiver from the entrance requirements of much act.