Nass Valley Gateway approves Special Resolution

Trading Symbols
CSE: NVG
Deutsche Borse, Frankfurt: 3NVN
Germany: WKN A1JVHM/
ISIN CA6315202029
www.nassvalleygateway.com

RICHMOND, BC, April 5, 2017 /CNW/ - Nass Valley Gateway Ltd. (the "Company" or "Nass Valley") wishes to announce that at its Special Meeting held on April 4, 2017 (the "Meeting") the Company's shareholders passed a special resolution approving an amendment to the Company's Articles to allow for the creation and issuance of convertible preference shares (the "Pref Shares") to facilitate the acquisition of projects, including the acquisition of IXI Treasury Holdings Limited and future projects within the Clean-Tech industry. The special resolution was approved by 100% of the shareholders present in person or by proxy at the Meeting.

The Pref Shares will have no maximum number, no par value, and will have no voting rights, but the holders may request to attend any meeting of the shareholders. The Pref Shares will be convertible into common shares of the Company at a conversion ratio defined within a duly executed and by the Board of Directors approved acquisition agreement.

We seek Safe Harbor.

Neither the CSE nor its Regulation Services Provider has reviewed or accepts responsibility for the adequacy or accuracy of the contents of this news release.

SOURCE Nass Valley Gateway Ltd.

For further information: Dieter Peter, President & CEO, Phone: 604-278-1135

Organization Profile

Nass Valley Gateway Ltd.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890