VANCOUVER, BC, July 19, 2024 /CNW/ - H2 Ventures 1 Inc. ("H2" or
the "Company"), is pleased to announce that the board has approved
the grant of stock options pursuant to its stock option plan (the
"Plan") to one of its officers, to purchase up to an aggregate of
150,000 common shares in the capital of the company (the
"Options"). The Options are exercisable at a price of $0.05 per common share and will expire one year
and eleven months from the date of grant. The Options are subject
to the terms of the Plan, the applicable Option agreement and the
requirements of the TSX Venture Exchange (the "Exchange").
About H2 Ventures 1 Inc.
H2 is a capital pool company within the meaning of the
Exchange's CPC Program policies that has not commenced commercial
operations and has no assets other than cash. Except as
specifically contemplated in the Exchange's CPC Program policies,
until the completion of its Qualifying Transaction (as such term is
defined in the Exchange's CPC Program policies), the Company will
not carry on business, other than the identification and evaluation
of companies, business or assets with a view to completing a
proposed Qualifying Transaction.
Neither the TSX Venture Exchange
nor its Regulation Services Provider
(as that term is defined
in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward-Looking Statements
Information set forth in this news release may involve
forward-looking statements under applicable securities laws.
Forward-looking statements are statements that relate to future,
not past, events. In this context, forward-looking statements often
address expected future business and financial performance, and
often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or
event "may", "might", "could", "should", or "will" be taken or
occur, or other similar expressions. All statements, other than
statements of historical fact, are forward-looking statements. 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. Such factors include, among others, the following
risks: the need for additional financing; reliance on key
personnel; the potential for conflicts of interest among certain
officers, directors or promoters with certain other projects; the
absence of dividends; competition; dilution; the volatility of our
common share price and volume and the additional risks identified
the management discussion and analysis section of our interim and
most recent annual financial statement or other reports and filings
with the TSX Venture Exchange and applicable Canadian
securities regulations. Forward-looking statements are made based
on management's beliefs, estimates and opinions on the date that
statements are made, and the Company undertakes no obligation to
update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required
by applicable securities laws. Investors are cautioned against
attributing undue certainty to forward-looking statements.
SOURCE H2 Ventures 1 Inc.