Soldi Ventures Inc. (Soldi) (TSX VENTURE:SOV) reports that the Board of
Directors has approved, subject to the approval of the TSX Venture Exchange, a
consolidation of the Company's common shares on the basis of up to one (1)
post-consolidated share for every ten (10) pre-consolidated shares (the
"Consolidation"). In addition, the Company also proposes to change its name to
Vega Mining Inc. 


Currently, the Company had 40,201,168 issued and outstanding common shares.
Following the Consolidation, the Company will have approximately 4,020,116
shares outstanding. No fractional shares will be issued, but will instead be
rounded as provided for in the Business Corporations Act (British Columbia). 


The Company further announces that it has arranged, post consolidation, a
non-brokered private placement of up to 5,000,000 units for total proceeds of up
to $250,000; subject to the approval of the TSX Venture Exchange. Up to
5,000,000 units will be issued as non flow-through units at a price of $0.05 per
unit consisting of one common share and one whole warrant. Each whole warrant
will entitle the holder to purchase one additional common share of the Company
at a price of $0.10 per share for eighteen (18) months from the date of closing.
The proceeds of the private placement will be used for exploration activities on
its graphite properties and for general working capital. Finder's fees, as
allowed pursuant to the policies of the TSX Venture Exchange, may be payable in
connection with the offering


You can now find Soldi Ventures Inc. on Twitter at http://twitter.com/soldiventures.

Soldi Ventures Inc.  (TSX VENTURE:SOV) is a Canadian junior exploration company
focused on discovering gold and graphite deposits in politically safe
jurisdictions. 


On behalf of the board of SOLDI VENTURES INC.

Archie Boyce, President

"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."


Cautionary note: 

This report contains forward looking statements. Resource estimates, unless
specifically noted, are considered speculative. Any and all other resource or
reserve estimates are historical in nature, and should not be relied upon. The
production rate and mine-life projections have been made without support of a
feasibility study, there is no certainty the proposed operations will be
economically viable. By their nature, forward looking statements involve risk
and uncertainties because they relate to events and depend on factors that will
or may occur in the future. Actual results may vary depending upon exploration
activities, industry production, commodity demand and pricing, currency exchange
rates, and, but not limited to, general economic factors. Cautionary Note to US
investors: The U.S. Securities and Exchange Commission specifically prohibits
the use of certain terms, such as "reserves" unless such figures are based upon
actual production or formation tests and can be shown to be economically and
legally producible under existing economic and operating conditions. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Soldi Ventures Inc.
Archie Boyce
(604) 683 5445
info@soldiventuresinc.com
www.soldiventuresinc.com

Grafico Azioni Vega Mining, Inc. (TSXV:SOV)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di Vega Mining, Inc.
Grafico Azioni Vega Mining, Inc. (TSXV:SOV)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di Vega Mining, Inc.