Business
H2 Ventures 1 Inc. Announces Termination Of The Proposed Qualifying Transaction With Magnus Green Solar
(TheNewswire) February 5, 2026 – TheNewswire - Vancouver, BC, Canada – ...
About this update from H2 Ventures 1, Inc.
[{"type":"text","content":"H2 Ventures 1 Inc. Announces Termination Of The Proposed Qualifying Transaction With Magnus Green Solar \n(TheNewswire)\n\n\nFebruary 5, 2026 – TheNewswire - Vancouver, BC,\nCanada – H2 Ventures 1 Inc. (TSXV: HO.P)\n(“H2” or the “Company”) announced today that its previously\nannounced proposed qualifying transaction  (the\n“Transaction”) with Magnus Green Solar Panels Manufacturing LLC\n(“Magnus”) has been terminated. The\nTransaction was intended to constitute H2’s “Qualifying\nTransaction” as such term is defined in Policy 2.4 – Capital Pool Companies (“Policy 2.4”) of the TSX Venture Exchange\n(“TSXV”).\n\n\nH2 will immediately resume its efforts to identify\nother opportunities to complete a Qualifying Transaction in accordance\nwith the policies of the TSXV.\n\n\nABOUT H2 VENTURES 1 INC.\n\n\nH2 is a Capital Pool Company within the meaning of\nPolicy 2.4. H2 has not commenced commercial operations and has no\nassets other than cash. Except as specifically contemplated in the\nPolicy 2.4, until the completion of its Qualifying Transaction, the\nCompany will not carry on business, other than the identification and\nevaluation of companies, business or assets with a view to completing\na proposed Qualifying Transaction.\n\n\nFor further information, please contact:\n\n\nH2 Ventures 1 Inc.\n\n\nEric Denhoff – President, Chief Executive Officer,\nCorporate Secretary and Director\n\n\nPhone: (604) 760-7176\n\n\n \n\n\nFORWARD-LOOKING STATEMENTS\n\n\n \n\n\nThis news release includes certain “forward-looking\nstatements” under applicable Canadian securities legislation that\nare not historical facts. Forward-looking statements involve risks,\nuncertainties, and other factors that could cause actual results,\nperformance, prospects, and opportunities to differ materially from\nthose expressed or implied by such forward-looking statements.\nForward-looking statements in this news release include, but are not\nlimited to, statements relating to H2’s next Qualifying Transaction.\nForward-looking statements are necessarily based on a number of\nestimates and assumptions that, while considered reasonable, are\nsubject to known and unknown risks, uncertainties and other ...