Business
City View Signs Definitive Securities Purchase Agreement with Arkenyield
Arkenyield's cutting-edge digital asset yield platform is focused on generating robust stablecoin-based returns.Toronto, Ontario--(Newsfile Corp. - September 18, 2025) - City View Green Holdings Inc. (CSE: CVGR) (OTC Pink: CVGRF) (FSE: CVY0) (the "Company" or "City View"), is pleased to announce that, further to its press release of July 15, 2025, it has entered into securities purchase agreement (the "Agreement") with Arkenyield, an arm's length party.Pursuant to the Agreement dated as of...
About this update from City View Green Holdings, Inc.
[{"type":"text","content":"Arkenyield's cutting-edge digital asset yield platform is focused on generating robust stablecoin-based returns.","length":116,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - September 18, 2025) - City View Green Holdings Inc. (CSE: CVGR) (OTC Pink: CVGRF) (FSE: CVY0) (the "Company" or "City View"), is pleased to announce that, further to its press release of July 15, 2025, it has entered into securities purchase agreement (the "Agreement") with Arkenyield, an arm's length party.","length":379,"tagName":"p"},{"type":"text","content":"Pursuant to the Agreement dated as of September 17, 2025, City View has agreed to acquire an aggregate of 2,000,000 common shares in the capital of Arkenyield (the "Purchased Arkenyield Shares"). The Purchased Arkenyield Shares represent approximately 20% of the issued and outstanding securities in the capital of Arkenyield.","length":336,"tagName":"p"},{"type":"text","content":"The purchase price for the Purchased Arkenyield Shares is an aggregate of $575,000 (the "Purchase Price"). $287,5000 of the Purchase Price will be satisfied through the issuance of an aggregate of 5,750,000 common shares in the capital of City View (the "Consideration Shares") at a price of $0.05 per Consideration Share with the remaining $287,500 being satisfied through the issuance of a convertible debenture (the "Debenture"). The Debenture will have a term of five (5) years and will be convertible into an aggregate of 5,750,000 common shares in the capital of the Company at a conversion price of $0.05 per share. In addition, City View has the option to acquire the remaining 80% of the issued and outstanding common shares in the capital of Arkenyield on terms and conditions to be agreed to by the parties.","length":848,"tagName":"p"},{"type":"text","content":"The closing of the Agreement is subject to City View obtaining shareholder and regulatory approval for a change of business (the "Proposed COB") from an "industrial issuer" to an "investment issuer".","length":229,"tagName":"p"},{"type":"text","content":"The Proposed COB is considered a fundamental change/change of business under Policy 8 of the Canadian Securities Exchange ("CSE...