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H2 Ventures 1 Inc. Announces Termination Of The Proposed Qualifying Transaction With Magnus Green Solar

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Executive Summary
- H2 Ventures 1 Inc. announced the termination of its previously disclosed proposed qualifying transaction with Magnus Green Solar Panels Manufacturing LLC.
- The termination means H2 has not yet satisfied the TSX Venture Exchange requirement to complete a “Qualifying Transaction” and will resume searching for alternative opportunities.
- No commercial operations or assets (other than cash) exist; the company remains a Capital Pool Company awaiting a new qualifying transaction.
Key Details
- Transaction Terminated: The proposed qualifying transaction with Magnus Green Solar Panels Manufacturing LLC has been terminated.
- Policy Reference: The transaction was intended to satisfy TSX Venture Exchange Policy 2.4 – Capital Pool Companies (the “Qualifying Transaction” requirement).
- Current Status: H2 Ventures 1 Inc. will immediately resume efforts to identify and evaluate other companies, businesses, or assets to complete a new qualifying transaction in compliance with TSXV policies.
- Company Description: H2 remains a Capital Pool Company with no commercial operations and only cash on hand; it cannot conduct business beyond identifying potential qualifying transactions until one is completed.
- Contact Information: Eric Denhoff – President, CEO, Corporate Secretary & Director (Phone: 604‑760‑7176).
Notable Quotes
(No executive quotes were included in the release.)
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Jun 16, 2026 · 14:00