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Veteran Capital Corp. Terminates Letter of Intent for Qualifying Transaction with Powerhive

Markets GlobeNewswire By GlobeNewswire 12 Jun 2026 02:59 1 min read
Veteran Capital Corp. Terminates Letter of Intent for Qualifying Transaction with Powerhive

CALGARY, Alberta, June 11, 2026 (GLOBE NEWSWIRE) -- Veteran Capital Corp. ("Veteran") (TSXV: VCC.P), a Capital Pool Company listed on the TSX Venture Exchange (the "Exchange"), announces that it has terminated its letter of intent with Powerhive, Inc. ("Powerhive") for its proposed Qualifying Transaction as a result of Powerhive’s failure to complete its required financing and/or enter into a binding definitive agreement within the timeframes set out in the letter of intent, despite repeated e

CALGARY, Alberta, June 11, 2026 (GLOBE NEWSWIRE) -- Veteran Capital Corp. ("Veteran") (TSXV: VCC.P), a Capital Pool Company listed on the TSX Venture Exchange (the "Exchange"), announces that it has terminated its letter of intent with Powerhive, Inc. ("Powerhive") for its proposed Qualifying Transaction as a result of Powerhive’s failure to complete its required financing and/or enter into a binding definitive agreement within the timeframes set out in the letter of intent, despite repeated extensions.

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