Refinitiv15 min read
CEL+1.67%
Vancouver, British Columbia–(Newsfile Corp. – March 25, 2025) – JVR Ventures Inc. (TSXV: JVR.P) (" JVR " or the " Corporation ") is pleased to announce that it has entered into a binding term sheet dated March 25, 2025 (the " Agreement ") with Luna Energy Ltd. (" Luna "), a private company incorporated under the Business Corporations Act (British Columbia), pursuant to which JVR will acquire all of the issued and outstanding securities of Luna, with such arm’s length acquisition (the " Proposed Transaction ") constituting a reverse take-over of the Corporation, subject to the terms and conditions outlined below. The Corporation, as the resulting issuer following the completion of the Proposed Transaction (the " Resulting Issuer "), will continue the business of Luna. The Corporation intends that the Proposed Transaction will constitute its Qualifying Transaction, as such term is as defined by TSX […]
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