AIM5 Ventures Inc. Announces Option Grants
The grant of Options to the directors constitutes a related party transaction pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101 "). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the grant of Options to related parties in reliance on the exemptions contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, respectively.
About AIM5
AIM5 was incorporated under the Business Corporations Act (Ontario) on August 11, 2020 and is a CPC (as defined in the policies of the TSXV) listed on the TSXV. AIM5 has no commercial operations and no assets other than cash.
For further information contact:
Aaron Salz
CEO, CFO, Corporate Secretary
(416) 565-4457
...
Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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 or accuracy of this release.
To view the source version of this press release, please visit
SOURCE: AIM5 Ventures Inc.
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