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Sunday, 02/24/2019 4:50:13 AM

Sunday, February 24, 2019 4:50:13 AM

Post# of 33

2019-02-22 20:16 ET - News Release

Mr. Jeffrey Ciachurski reports

CAPTIVA VERDE LAND CORP. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UNITS

Captiva Verde Land Corp. has arranged a non-brokered private placement for up to three million units at a price of 10 cents per unit to raise total proceeds of $300,000. Each unit will comprise one common share of the company and one-half of one common share purchase warrant of the company. Each whole warrant will be exercisable into a common share of the company at an exercise price of 25 cents with a one-year expiry. All securities sold in this private placement will be subject to a four-month hold period from closing. The proceeds of this private placement are for the company's general corporate purposes.

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