Subject: News Release
PDF Document
File: Attachment NR - Termination of 1455 Acquisition - ICWY - 28-10-26.pdf
ICWHY CAPITAL VENTURES INC. ANNOUNCES TERMINATION OF
NON-BINDING LETTER OF INTENT WITH 1455020 B.C. LTD.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES.
FOR IMMEDIATE RELEASE
November 2, 2026 ICWY.P
KAMLOOPS, BC October 27, 2026 ICWHY Capital Ventures Inc. (TSXV: ICWY.P) (the
"Company") announces that the proposed acquisition (the "Proposed Acquisition") of all of the
issued and outstanding shares of 1455020 B.C. Ltd. ("145") previously announced on June 24, 2026
has been terminated effective October 27, 2026 by mutual agreement. The Company will now
refocus its efforts on identifying and acquiring a new business opportunity.
There are no residual liabilities or guarantees to the Company in connection with the termination
of the proposed transaction with 1455020 B.C. Ltd. No funds were advanced to 145 by the
Company.
Trading in the common shares of the Company was halted at the request of the Company pending
the announcement of the Proposed Acquisition and has remained halted subject to the Company
making required filings with the TSX Venture Exchange (the "Exchange").
The Company has applied to the Exchange for resumption.
On behalf of ICWHY CAPITAL VENTURES INC.
"Randy Clifford"
Chief Executive Officer
Phone:(778) 362-3037
Email: drcliff@telusplanet.net
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements")
within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are
forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any
statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance
(often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate",
"plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating
that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not
statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release
include, without limitation, statements regarding: the terms, conditions, of the termination of the Proposed Acquisition, resumption
of trading in the Company's shares and the business and operations of the Company going forward. Although the Company believes
that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that the expectations of
any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may
cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements.
Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties and economic
risks associated with current unprecedented market and economic circumstances due to the COVID-19 pandemic. Accordingly,
readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except
as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking
statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors
affecting such forward-looking statements or otherwise.
Word Document
File: '\\swfile\EmailIn\20261102 111600 Attachment NR - Termination of 1455 Acquisition - ICWY - 28-10-26.docx'
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ICWHY CAPITAL VENTURES INC. ANNOUNCES TERMINATION OF NON-BINDING LETTER OF INTENT WITH 1455020 B.C. LTD.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES.
FOR IMMEDIATE RELEASE
November 2, 2026 ICWY.P
KAMLOOPS, BC - October 27, 2026 - ICWHY Capital Ventures Inc. (TSXV: ICWY.P) (the "Company") announces that the proposed acquisition (the "Proposed Acquisition") of all of the issued and outstanding shares of 1455020 B.C. Ltd. ("145") previously announced on June 24, 2026 has been terminated effective October 27, 2026 by mutual agreement. The Company will now refocus its efforts on identifying and acquiring a new business opportunity.
There are no residual liabilities or guarantees to the Company in connection with the termination of the proposed transaction with 1455020 B.C. Ltd. No funds were advanced to 145 by the Company.
Trading in the common shares of the Company was halted at the request of the Company pending the announcement of the Proposed Acquisition and has remained halted subject to the Company making required filings with the TSX Venture Exchange (the "Exchange").
The Company has applied to the Exchange for resumption.
On behalf of ICWHY CAPITAL VENTURES INC.
"Randy Clifford"
Chief Executive Officer
Phone:(778) 362-3037
Email: drcliff@telusplanet.net
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release include, without limitation, statements regarding: the terms, conditions, of the termination of the Proposed Acquisition, resumption of trading in the Company's shares and the business and operations of the Company going forward. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties and economic risks associated with current unprecedented market and economic circumstances due to the COVID-19 pandemic. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
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