Dr. Kah Meng Lim reports
COMPASS VENTURE PROVIDES UPDATED REGARDING DEFINITIVE AGREEMENT TO
ACQUIRE CANNIOASIS PTE. LTD.
Further to Compass Venture Inc.'s press releases dated Oct. 18, 2024, the company and
CanniOasis Pte. Ltd. have entered into an amendment agreement to amend the terms of the master exchange agreement dated Oct. 15, 2024, entered into between the company, CanniOasis and all of the shareholders of
CanniOasis.
Pursuant to the amendment agreement, the outside date for the proposed transaction contemplated in the
master exchange agreement has been extended to Oct. 31, 2025. All other material terms of the master
exchange agreement remain unchanged.
About Compass Venture Inc.
The company is a capital pool company within the meaning of Policy 2.4 of the exchange. Except as
specifically contemplated in such policy, until the completion of its qualifying transaction, the company will
not carry on business, other than the identification and evaluation of companies, businesses or assets with a
view to completing a proposed qualifying transactions. Investors are cautioned that trading in the securities of
a capital pool company is considered highly speculative.
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