E-Energy Request for partial revocation of an order with the BCSC

Not for distribution to United States news services or for dissemination in the United States.

BURNABY, BC / ACCESSWIRE / February 7, 2022 / E-ENERGY VENTURES INC. (THE “COMPANY” OR “E-ENERGY”) is pleased to announce that it has applied for a partial revocation of the cease trade order with the British Columbia Securities Commission (“BCSC“).

As part of the partial revocation request, the Company also proposes to complete a non-brokered private placement financing to raise a maximum of $220,000 by issuing 275,000,000 common shares of the Company. The proposed funding will be used to pay all legal fees, accounting and auditing fees, late filing and participation fees, registration and transfer fees, and repayment of outstanding debts.

About E-Energy Ventures Inc.

E-Energy is a junior resource exploration company looking for potential exploration projects in the resource industry.

Anthony Chan
Chief Financial Officer and Administrator

Certain statements contained in this press release constitute “forward-looking information” as that term is defined under applicable Canadian securities laws. The words “may”, “could”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions in connection with the Company, are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. These statements reflect the Company’s current beliefs and intentions regarding future events, as well as information currently available to it, and are subject to certain risks, uncertainties and assumptions, including, without limitation: the potential properties mining operations of the Company; estimation of capital requirements; estimation of operating costs; the timing and amount of future business expenses; and the availability of the necessary funding. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to differ from those described herein, should one or more of these risks or uncertainties materialize. These factors include, but are not limited to: changes in economic or financial market conditions; cost increases; litigation; legislative, environmental and other legal, regulatory, political and competitive developments; and exploration or exploitation difficulties. This list is not exhaustive of the factors that could affect the forward-looking information. These and other factors should be carefully considered, and readers should not place undue reliance on this forward-looking information. If any factor affects the Company in an unexpected way, or if the assumptions underlying the forward-looking information prove incorrect, the actual results or events could differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Further, the Company assumes no responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release, and the Company undertakes no obligation to publicly update or revise the forward-looking information, except as required by applicable law.

THE SOURCE: E-Energy Ventures Inc.

See the source version on accesswire.com:
https://www.accesswire.com/687639/E-Energy-Application-for-Partial-Revocation-of-Order-with-BCSC

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