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Jun 12, 2026 12:00 AM

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), 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.

Additional Information

Veteran has applied for Exchange approval to lift the halt on our shares. Once approved, the ...