Welcome to our dedicated page for Captiva Verde Wellness news (Ticker: CPIVF), a resource for investors and traders seeking the latest updates and insights on Captiva Verde Wellness stock.
Captiva Verde Wellness Corp. (CPIVF, CSE: PWR) is a publicly traded company that focuses on sustainable housing, health, and wellness initiatives, with a strong emphasis on Indigenous-led economic development. Its news flow reflects activities across pure drinking water projects, Indigenous partnerships, aerospace and defense advisory work, and sustainable infrastructure initiatives.
Recent company announcements highlight Captiva Verde’s 49% ownership interest in Matnaggewinu Development Corp (MDC), a Mi'kmaq-led development corporation certified as a Certified Aboriginal Business by the Canadian Council for Indigenous Business. News items describe MDC’s role in affordable housing, health and wellness, pure drinking water, aerospace, defense, space systems, and infrastructure, as well as its participation in federal procurement opportunities.
Investors and observers following CPIVF news can expect updates on atmospheric water and pure water initiatives, including the development of a pure water bottling platform and a binding pure water supply agreement with Rodd Hotels and Resorts in Atlantic Canada. Press releases also cover strategic partnerships with Genesis Water Technologies for advanced water generation and treatment technologies, and the formation of an Aviation and Military Advisory Board to support MDC’s aerospace, defense, and space systems activities.
Additional news coverage includes leadership changes at Captiva Verde, advisory board appointments bringing expertise from hospitality, beverage, real estate, and Indigenous leadership, and announcements related to atmospheric water stations and stock option grants. This news page provides a centralized view of Captiva Verde’s disclosed developments, allowing readers to review how the company presents its strategy in sustainable housing, wellness, pure water, and aerospace and defense sectors.
Captiva Verde Wellness Corp (CSE: PWR) (OTC Pink: CPIVF) has announced the appointment of Elder Sir Joe Michael to the Advisory Board of Matnaggewinu Development Corp (MDC). Elder Michael, a respected Mi'kmaw Nation leader, brings significant experience including 25 years of service as the first Mi'kmaw member of the Royal Canadian Mounted Police (RCMP).
Elder Michael, who received an Honorary Doctor of Humanities from Acadia University in 2019, was instrumental in developing the RCMP's Aboriginal Community Policing model. He currently serves as a Captain (Keptin) on the Mi'kmaq Grand Council and holds a knighthood from the Order of St. George.
The appointment aligns with MDC's mission of fostering Indigenous-led economic development and community empowerment, particularly in sectors like aviation and military equipment. The company views this addition as strategic for advancing economic reconciliation and creating equitable opportunities for Indigenous communities.
Captiva Verde Wellness Corp. (CSE: PWR) (OTC: CPIVF) announces Mark Rodd's appointment to the Advisory Board of Matnaggewinu Development (MDC). As CEO of Rodd Hotels and Resorts, Atlantic Canada's leading resort chain, Rodd will lead the development of a 55-acre Indigenous-owned property into a premier tourism destination.
The development project, situated on ancestral Mi'kmaq land, will feature boutique accommodations, wellness retreats, outdoor activities, and cultural programs. The initiative aims to blend luxury hospitality with authentic Mi'kmaq cultural experiences while promoting sustainable economic development.
Rodd Hotels and Resorts, established in 1935, is recognized as the top golf resort destination in Atlantic Canada and the region's largest independently owned hotel chain. The company emphasizes sustainability, environmental respect, and employee prioritization in its operations.
Captiva Verde Wellness Corp (CSE: PWR) (OTC Pink: CPIVF) has acquired a 49% direct interest in Matnaggewinu Development (MDC), a Mi'kmaq Development The strategic partnership aims to establish MDC as a leader in Indigenous-led economic development, with a focus on sustainable housing, health and wellness, and economic reconciliation. The partnership will be guided by Jeff Ciachurski, Director of Captiva Verde, who brings experience in sustainable housing and health initiatives. The collaboration is designed to promote long-term economic growth and self-sufficiency for Mi'kmaq communities.
Captiva Verde Wellness Corp (CSE: PWR) (OTC: CPIVF) has completed transactions under its share repurchase agreement with 1435300 B.C. (Sonny Sports Holdco) and related parties. The company repurchased and cancelled 89,000,000 common shares and 55,000,000 warrants. Additionally, through an option agreement, the company facilitated the transfer of 35,000,000 common shares at $0.02 per share.
The company received 2,197,802 Greenbriar shares at $0.455 per share to settle a $1,000,000 debt from Greenbriar USA. A separate debt assumption agreement settled $858,249.09 in consulting liabilities with 1,500,000 Greenbriar shares, subject to hold periods extending to September 2025.
Captiva Verde Wellness Corp (CSE: PWR, OTC: CPIVF) has increased its private placement from 150M to 160M units at C$0.02 per unit, targeting aggregate proceeds of C$3.2M. Each unit includes one common share and a three-year warrant exercisable at C$0.05. The company has received funds for 10M units in the first tranche, with the remaining 150M units expected to close within 45 days. The proceeds will support general working capital and advance sustainable real estate projects. Additionally, under a previous Option Agreement with the Strasser Group, 12.3M shares were purchased on October 31, with another 12.3M shares to be funded this week.
Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) has announced amendments to its share repurchase and option agreements. Key changes include:
1. Extending the completion deadline for the share repurchase transaction to December 31, 2024.
2. Modifying contractual hold periods for Greenbriar Sustainable Living Inc. shares transferred to Ronnie Strasser.
3. Revising the option agreement with the Strasser Group, allowing for phased exercise of options to purchase up to 37 million Captiva shares at C$0.02 per share.
4. Arranging a private placement to issue up to 150 million units at C$0.02 per unit, potentially raising C$3 million for working capital and advancing sustainable real estate projects.
These amendments and the private placement are subject to regulatory approvals and may not close as described.
Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) has announced a share repurchase agreement with its subsidiary 1435300 B.C. (Sonny Sports Holdco) and certain shareholders. The company plans to transfer its interest in Sonny Sports Holdco in exchange for the return and cancellation of 89 million common shares at $0.02 per share and 55 million warrants at $0.00001 per warrant. This transaction aims to unwind the August 2023 acquisition of 1435300 B.C. , allowing Captiva to refocus on its original business. Additionally, Captiva will enter into an option agreement to potentially sell up to 37 million shares at $0.02 per share and assume $858,249.09 in liabilities to be settled with 1.5 million shares of Greenbriar Sustainable Living Inc. The deal is subject to regulatory approvals.
Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) has announced several key updates:
1. Private Placement: The company has arranged a private placement of 150 million units at $0.02 per unit with European-based Cormel Capital , subject to CSE approval. Each unit includes one common share and one warrant convertible at $0.05 for 3 years.
2. Use of Proceeds: Funds will be used for working capital and to develop affordable homes on the company's 130-acre property in New Brunswick.
3. Miami Padel Team Negotiations: Captiva Verde is in talks with Ronnie Strasser to potentially sell back the Miami Padel team in exchange for the return of 89 million shares and 55 million warrants, plus the option to purchase an additional 37 million shares.
4. Alternative Plan: If negotiations fail, the company plans to sell the Miami Padel Team to the highest bidder and focus on its real estate business.
Captiva Verde Wellness Corp. (CSE: PWR, OTC: CPIVF) announced key updates including the resignation of director Ronnie Strasser as of July 2, 2024. Strasser played a important role in securing full ownership of the Miami Padel Club. The company has added Tommy Sullivan and Chris Harvey to its advisory board to help secure partnerships with major league sports teams. Padel, a rapidly growing sport with 25 million players globally, has gained significant traction, especially with partnerships like the New York Yankees' collaboration with A1 Padel.
The Miami Padel Club, wholly owned by Captiva Verde, achieved notable success by winning Week 1 of the Pro Padel League Championships held in Miami. Captiva Verde aims to leverage this ownership through sponsorships, broadcast deals, and potentially legal sports betting to achieve a billion-dollar league valuation. The club is supported by a strong social media presence, boasting over 100 million followers combined across various platforms.
Captiva Verde plans to convert Padel players into shareholders, offering them a stake in the sport's financial growth. CEO Jeff Ciachurski emphasized the company's unique position as the only publicly traded entity in the fast-growing Padel market, which is valued at €2 billion annually.
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