Captiva Verde Announces Matnaggewinu Development Corp (MDC) Has Been Certified as an Indigenous Business by CCIB, Unlocking Federal Procurement Opportunities
Rhea-AI Summary
Captiva Verde Wellness Corp (CSE: PWR) (OTC: CPIVF) announced that Matnaggewinu Development Corp (MDC), a Mi'kmaq-owned development , has received certification as a Certified Aboriginal Business (CAB) from the Canadian Council for Indigenous Business (CCIB).
This certification enables MDC to access federal procurement opportunities and positions it as a recognized partner for government contracts. MDC, which is federally incorporated under the Canada Business Corporations Act, focuses on housing, health and wellness, aerospace, defense, and sustainable infrastructure development.
As a Mi'kmaq-owned joint venture partner of Captiva Verde, MDC is expanding its presence in the aerospace, defense, and space sectors, specifically in:
- Foreign Military Sales (FMS)
- Maintenance, Repair, and Overhaul (MRO) industries
- Space systems
- Defense operations
Positive
- Gained access to federal procurement opportunities through CCIB certification
- Expansion into high-growth aerospace and defense sectors
- Strategic positioning in government contracting market
Negative
- None.
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2025) - Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) ("Captiva Verde") a public company listed on the Canadian Securities Exchange under the trading symbol PWR and further listed on the US OTC Market under the trading symbol CPIVF announces that Matnaggewinu Development Corp (MDC) has been Certified as an Indigenous Business by CCIB, Unlocking Federal Procurement Opportunities.
Matnaggewinu Development Corp (MDC), a Mi'kmaq-owned development corporation, is proud to announce that it has officially been certified by the Canadian Council for Indigenous Business (CCIB) as a Certified Aboriginal Business (CAB). This certification positions MDC as a recognized partner for procurement opportunities with the federal government, unlocking a range of opportunities for further economic collaboration and growth for Mi'kmaq communities. MDC is Federally Incorporated in Canada under the Canada Business Corporations Act.
With this certification, MDC joins an exclusive network of Indigenous businesses recognized for their commitment to economic self-sufficiency, community empowerment, and sustainable development. This milestone is an important step forward in MDC's mission to promote Indigenous-led economic growth through initiatives in housing, health and wellness, aerospace, defense, and sustainable infrastructure.
Expanding into Aerospace, Defense, and Space Systems
In addition to its success in the housing and infrastructure sectors, MDC, in partnership with Captiva Verde, has ventured into the aerospace, defense, and space industries. As a Mi'kmaq-owned joint venture partner of Captiva Verde, MDC is actively involved in the Aviation and Military sectors, specializing in aerospace, defense, space systems, Foreign Military Sales (FMS), and Maintenance, Repair, and Overhaul (MRO) industries. This strategic move further strengthens MDC's efforts to expand into these rapidly growing markets, positioning it as a key player in the global defense and aerospace industries.
Quotes from Leadership:
"Receiving CCIB certification is a significant milestone for MDC and the communities we serve. This recognition not only validates our ongoing efforts in sustainable development but also positions us for long-term procurement opportunities with the federal government," said Nowlen Augustine, Founder and CEO of MDC. "This is a critical moment in advancing economic reconciliation and creating opportunities for Mi'kmaq communities in both traditional and emerging sectors, including aerospace and defense."
Jeff Ciachurski, Director of Captiva Verde and MDC strategic partner, added, "We are incredibly excited about the potential of this certification and the expanding role MDC is playing in industries like aerospace, defense, and space systems. This recognition will facilitate our growth in these high-demand sectors, further supporting the development of Mi'kmaq communities through both traditional and cutting-edge industries."
MDC's certification by CCIB as a Certified Aboriginal Business represents a critical milestone in its ongoing efforts to create lasting, positive impacts for Indigenous communities across Canada. By leveraging this certification, MDC will be able to access various federal procurement programs, helping to further its mission of supporting Mi'kmaq communities with essential services and infrastructure projects, as well as expanding its footprint in the aerospace, defense, and space sectors.
About Matnaggewinu Development Corp (MDC)
Matnaggewinu Development Corp (MDC) is a Mi'kmaq-led development corporation that focuses on advancing economic opportunities, fostering self-sufficiency, and supporting Mi'kmaq communities through initiatives in affordable housing, health and wellness, aerospace, defense, and sustainable infrastructure development. Founded by Nowlen Augustine, MDC is dedicated to creating long-term, sustainable economic growth for Indigenous communities. MDC is
About Captiva Verde Wellness Corp.
Captiva Verde Wellness Corp. (CSE: PWR) (OTC: CPIVF) is a publicly traded company listed on the Canadian Securities Exchange and the US OTC Market. The company focuses on sustainable housing, health, and wellness initiatives in Indigenous communities and is expanding into aerospace, defense, and space systems. Captiva Verde partners with organizations like MDC to promote economic reconciliation and self-sufficiency.
On Behalf of the Board of Directors
"Jeff Ciachurski"
Jeffrey Ciachurski
Chief Executive Officer and Director
Cell: (949) 903-5906
E-mail: westernwind@shaw.ca
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities laws and United States securities laws (together, "forward-looking statements"). All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the expansion of Captiva's health and wellness platform.
Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget", "propose" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: general business and economic conditions. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A (a copy of which is available under the Company's SEDAR profile at www.sedarplus.ca). The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243588
FAQ
What does the CCIB certification mean for Captiva Verde (CPIVF) and MDC's business opportunities?
What are the main sectors MDC and CPIVF are focusing on after the CCIB certification?
How does the CCIB certification impact MDC's partnership with Captiva Verde (CPIVF)?
What specific services does MDC offer in partnership with Captiva Verde (CPIVF)?
