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City View Green Holdings Inc. Announces Share Consolidation

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City View Green Holdings (OTC:CVGRF) has announced a 1-for-10 share consolidation effective July 3, 2025. The company's outstanding shares will be reduced from 456,813,473 to approximately 45,681,347 shares. The consolidation will also affect the company's stock options and warrants, with proportionate adjustments to their exercise prices.

Registered shareholders will receive letters of transmittal from Olympia Trust Company to exchange their pre-consolidation shares for post-consolidation shares. The company's shares will begin trading on a post-consolidation basis on the Canadian Securities Exchange around July 3, 2025.

City View Green Holdings (OTC:CVGRF) ha annunciato un accorpamento azionario 1-per-10 con effetto dal 3 luglio 2025. Le azioni in circolazione della società saranno ridotte da 456.813.473 a circa 45.681.347 azioni. L'accorpamento interesserà anche le opzioni e i warrant azionari, con adeguamenti proporzionali ai loro prezzi di esercizio.

Gli azionisti registrati riceveranno lettere di trasmissione da Olympia Trust Company per scambiare le azioni ante-accorpamento con quelle post-accorpamento. Le azioni della società inizieranno a essere negoziate sulla Canadian Securities Exchange in base alla nuova struttura azionaria intorno al 3 luglio 2025.

City View Green Holdings (OTC:CVGRF) ha anunciado una consolidación de acciones 1 por 10 que entrará en vigor el 3 de julio de 2025. Las acciones en circulación de la compañía se reducirán de 456,813,473 a aproximadamente 45,681,347 acciones. La consolidación también afectará las opciones y warrants de la empresa, con ajustes proporcionales en sus precios de ejercicio.

Los accionistas registrados recibirán cartas de transmisión de Olympia Trust Company para intercambiar sus acciones antes de la consolidación por las posteriores. Las acciones de la compañía comenzarán a cotizar bajo la base posterior a la consolidación en la Canadian Securities Exchange alrededor del 3 de julio de 2025.

City View Green Holdings (OTC:CVGRF)는 2025년 7월 3일부터 1대 10 주식 병합을 발표했습니다. 회사의 발행 주식 수는 456,813,473주에서 약 45,681,347주로 줄어듭니다. 이 병합은 회사의 주식 옵션과 워런트에도 영향을 미치며, 행사 가격이 비례하여 조정됩니다.

등록된 주주들은 Olympia Trust Company로부터 병합 전 주식을 병합 후 주식으로 교환하기 위한 송달 서한을 받게 됩니다. 회사의 주식은 2025년 7월 3일경 캐나다 증권 거래소에서 병합 후 기준으로 거래를 시작할 예정입니다.

City View Green Holdings (OTC:CVGRF) a annoncé une consolidation d'actions au ratio de 1 pour 10 effective à partir du 3 juillet 2025. Le nombre d'actions en circulation sera réduit de 456 813 473 à environ 45 681 347 actions. Cette consolidation affectera également les options d'achat d'actions et les bons de souscription de la société, avec des ajustements proportionnels de leurs prix d'exercice.

Les actionnaires enregistrés recevront des lettres de transmission de la part d'Olympia Trust Company pour échanger leurs actions avant consolidation contre des actions après consolidation. Les actions de la société commenceront à être négociées sur la Canadian Securities Exchange selon la nouvelle base d'actions aux alentours du 3 juillet 2025.

City View Green Holdings (OTC:CVGRF) hat eine Aktienzusammenlegung im Verhältnis 1 zu 10 angekündigt, die am 3. Juli 2025 wirksam wird. Die ausstehenden Aktien des Unternehmens werden von 456.813.473 auf etwa 45.681.347 Aktien reduziert. Die Zusammenlegung betrifft auch die Aktienoptionen und Warrants des Unternehmens, mit entsprechenden Anpassungen der Ausübungspreise.

Registrierte Aktionäre erhalten Übertragungsbriefe von der Olympia Trust Company, um ihre Aktien vor der Zusammenlegung gegen Aktien nach der Zusammenlegung einzutauschen. Die Aktien des Unternehmens werden ab etwa dem 3. Juli 2025 an der Canadian Securities Exchange auf Basis der neuen Aktienanzahl gehandelt.

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Toronto, Ontario--(Newsfile Corp. - June 27, 2025) - City View Green Holdings Inc. (CSE: CVGR) (OTC Pink: CVGRF) (FSE: CVY) (the "Company" or "City View"), announces, further to its news release dated June 16, 2025, that effective July 3, 2025, the Company will consolidate the common shares in the capital of the Company (the "Shares") on the basis of one (1) post-consolidation Share for every ten (10) pre-consolidation Shares (the "Consolidation"). The new CUSIP number will be 178718201 and the new ISIN number will be CA1787182015 for the post-Consolidation Shares.

The Company currently has 456,813,473 Shares issued and outstanding and there will be approximately 45,681,347 Shares, subject to rounding, issued and outstanding on a post-Consolidation basis.

No fractional shares will be issued as a result of the Consolidation. Any fractional shares resulting from the Consolidation will be rounded down to the nearest whole Share. The Company's outstanding incentive stock options and warrants will be adjusted on the same basis (1:10) to reflect the Consolidation in accordance with their respective terms with proportionate adjustments to be made to the exercise prices.

The Company's post-Consolidation Shares are expected to begin trading on the Canadian Securities Exchange (the "CSE") on or about July 3, 2025.

Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders will be required to send their respective certificates representing the pre-Consolidation Shares along with a properly executed letter of transmittal to the Company's transfer agent, Olympia Trust Company (the "Transfer Agent"), in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained through the Transfer agent at 1-587-774-2340 or by email to cssinquiries@olympiatrust.com. All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Share certificate(s) to the Transfer Agent, will receive a post-Consolidation Share certificate or Direct Registration Advice representing the post-Consolidation Shares.

For further information contact:

City View Green Holdings Inc.
Rob Fia, CEO & President Phone:
416.722.4994
Email: rob@cityviewgreen.ca

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information This press release contains forward-looking statements which are not composed of historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. There are a number of important factors that could cause the Company's actual results to di fer materially from those indicated or implied by forward-looking statements and information. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Important factors that could cause actual results to di fer materially from the Company's expectations include, among others, availability and costs of financing needed in the future, changes in equity markets and delays in the development of projects. Although the Company has a tempted to identify important factors that could cause actual results to di fer materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could di fer materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257167

FAQ

What is the ratio of City View Green Holdings' (CVGRF) stock consolidation?

City View Green Holdings announced a 1-for-10 share consolidation, meaning shareholders will receive one post-consolidation share for every ten pre-consolidation shares held.

When will CVGRF's share consolidation take effect?

The share consolidation will become effective on July 3, 2025, with trading on a post-consolidation basis expected to begin on the Canadian Securities Exchange around the same date.

How many shares will City View Green Holdings have after the consolidation?

Following the consolidation, City View Green Holdings will have approximately 45,681,347 shares outstanding, reduced from 456,813,473 shares previously.

What should CVGRF shareholders do regarding the share consolidation?

Registered shareholders will receive letters of transmittal from Olympia Trust Company and must send their pre-consolidation share certificates along with the completed letter to exchange them for post-consolidation shares.

What happens to CVGRF stock options and warrants after the consolidation?

All outstanding stock options and warrants will be adjusted on the same 1:10 basis with proportionate adjustments to their exercise prices to reflect the consolidation.
City View Green Hldgs Inc

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