ANC Capital Ventures Inc. Update of Proposed Qualifying Transaction with VIP Entertainment Group Inc.

Vancouver, British Columbia – October 26, 2021 / ANC Capital Ventures Inc. (TSXV: ANCV.P) (“ANC” or the “Company”) a capital pool company, announced on March 5, 2021 that it had entered into a non-binding term sheet with VIP Entertainment Group Inc. (“VIP Entertainment”) dated February 16, 2021 (the “Term Sheet”). Pursuant to the Term Sheet, […]

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VIP Entertainment Group Inc. Entered Into a Non-Binding Term Sheet to Acquire ANC Capital Ventures Inc. (TSXV:ANCV.P) in a Reverse Merger Transaction

VIP Entertainment Group Inc. entered into a non-binding term sheet to acquire ANC Capital Ventures Inc. (TSXV:ANCV.P) in a reverse merger transaction on February 16, 2021. The Proposed Transaction will result in ANC acquiring all of the issued and outstanding equity shares of VIP Entertainment (the “VIP Entertainment Shares”) in exchange for 1.16739 (“Exchange Ratio”) […]

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