World News: 13:00 GMT Friday 11th January 2019. [CUV Ventures Corp. via Globe Newswire via SPi World News]
VANCOUVER, British Columbia, Jan. 11, 2019 (GLOBE NEWSWIRE) -- (the “Company”) is pleased to announce that it has received a total of 5,400,000 exercised warrants and options, totaling $420,000 in working capital for the Company, since October 1, 2018. The Company would like to thank its current shareholders for continuing to show financial support for the Company.
The company considers that it is sufficiently financed, for the time being, having already satisfied the bulk of division and, subsidiary expenditures, throughout 2018. Remaining unexercised warrants total approximately CAD$1.5 million, all of which are significantly “in-the-money” and likely to be exercised in the near term. It further expects each subsidiary division, that is already generating revenue, to experience increased revenue generation throughout 2019 and, the two subsidiaries pending revenue generation to be entirely on-stream by late February 2019.
CUV Ventures Corp. is a multi-asset, multidivisional publicly traded Canadian company deploying advanced technologies in the; Online Travel, Vacation Resort, Mobile Apps, Money Remittance, Mobile phone top-ups, Invoice factoring, Blockchain Systems, and Fintech app sectors.
Our flagship technology is RevoluPAY, the Apple and Android multinational leisure payments and remittance app, powered by blockchain protocols, and aimed at the worldwide + family remittance market. to read more.
For further information on CUV Ventures Corp. (TSX-V: CUV) visit the Company’s website at . The Company has approximately 128,930,000 shares issued and outstanding.
CUV VENTURES CORP.
STEVE MARSHALLSteve MarshallCEO
For further information contact myself or:Nick FindlerCUV Ventures Corp.Telephone: 604-639-3850Toll Free: 800-567-8181Facsimile: 604-687-3119Email:
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at for further information.
Globe Newswire: 13:00 GMT Friday 11th January 2019
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