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Leonovus Announces Plan for a Short Form Prospectus Financing and the Appointment of Jason Ewart to its Board of Directors
Leonovus Announces Plan for a Short Form Prospectus Financing and the Appointment of Jason Ewart ...
About this update from Leonovus Inc.
[{"type":"text","content":"\n\n\nLeonovus Announces Plan for a Short Form Prospectus Financing and the Appointment of Jason Ewart to its Board of Directors\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nOTTAWA, ON, April 23, 2026 /CNW/ -- Leonovus Inc. (TSXV: LTV) (\"Leonovus\" or the \"Company\") is pleased to announce that it has appointed Jason Ewart as an independent director of the Company. Mr. Ewart is currently a Director and Communications Lead at The FUTR Corporation, a Director of Denver-based Attorneys Title Guarantee Fund Inc. and Chicago based Real Time Risk Solutions Inc. and a founding Director of Toronto-based Marathon Mortgage Corp. Previously, he served as the co-founder, CEO and COO of the merchant bank Fountain Asset Corporation (2003–2017). Mr. Ewart holds an economics degree from McGill University and is the current Chair of the non-profit Northumberland Community Futures Development Corporation.\nThe Company is also please to announce that it has filed a notice of intent to be qualified to file a Short Form Prospectus with all the provinces and territories, except Quebec.  Upon filing of the Short Form Prospectus, the Company will propose to complete an offering (the \"Offering\") of units of the Company (\"Units\") upon terms to be determined in the context of the market.  Each Unit will be comprised of one common share in the capital of the Company (a \"Common Share\") and one Common Share purchase warrant (a \"Warrant\"). Each Warrant will entitle the holder thereof to acquire one Common Share until the second anniversary of the closing of the Offering.  Research Capital Corp. is the agent for the Offering.As announced on January 8, 2026, the Company has developed a digital precious metals exchange (the \"Exchange\"). The Exchange is expected to utilize a permissioned blockchain ledger to facilitate the trading and settlement of physical assets.  The Exchange and its components remain subject to regulatory approvals (as described below).  The use of proceeds from the Offering will be used to complete the developme...