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TVI PACIFIC ANNOUNCES EXTENSION OF PRIVATE PLACEMENT
TVI PACIFIC ANNOUNCES EXTENSION OF PRIVATE PLACEMENT Canada NewsWire /NOT F...
About this update from Tvi Pacific Inc.
[{"type":"text","content":"\n \n \n \n TVI PACIFIC ANNOUNCES EXTENSION OF PRIVATE PLACEMENT\n \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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Aug. 15, 2023\n \n \n /CNW/ - TVI Pacific Inc. (TSXV: TVI) (OTC Pink: TVIPF) (\"\n \n TVI\n \n \" or the \"\n \n Company\n \n \") announces that, further to its press release dated\n \n July 31, 2023\n \n , the Company has received a further extension from the TSX Venture Exchange (the\n \n \"TSXV\"\n \n ) with respect to the duration of its previously announced non-brokered private placement to Prime Resources Holdings, Inc., directly or indirectly through one or more of its subsidiaries or affiliates (collectively,\n \n \"PRHI\"\n \n ) of 53,600,000 common shares in the capital of the Company, at a price of\n \n $0.025\n \n per share, for gross proceeds of\n \n $1,340,000\n \n (or approximately\n \n US$1,000,000\n \n ).  As such, the outside date upon which final acceptance of the Private Placement may be granted by the TSXV has been extended to\n \n August 18, 2023\n \n .\n \n \n The extension of the outside date applies also to the condition by which\n \n Manuel Paolo A. Villar\n \n and\n \n Michael G. Regino\n \n were elected to the Board at the Annual General Meeting of the Company held\n \n June 28, 2023\n \n , whereby it was announced earlier that they shall resign as directors of the Company if the Private Placement does not close by\n \n July 31, 2023\n \n or if there is a failure to obtain any regulatory approval or clearance for either Mr. Villar or Mr. Regino to act as a director of the Company.\n \n \n \n About TVI Pacific Inc.\n \n \n \n TVI Pacific Inc. is a Canadian resource company focused on mining projects in\n \n the Philippines\n \n , one of the most prolifically mineralized countries in the world.  TVI currently holds a 30.66% equity interest in TVIRD, a\n \n Philippines\n \n corporation. 
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