Withers brings broad experience in building and developing commercial and residential real estate in the midwestern United States, creating and expanding entertainment venues and initiatives and in owning and operating automobile dealerships, financing elements and dealership services over his thirty year career in Louisville KY.Mr.Withers has made a $2.5 million dollar investment to provide AAPKI with starting capital to expand its venture and business development units and intends to execute within this sphere to build APKI quickly towards expansion to succeed in the competitive landscape.
The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any securities issued to or the consideration paid by such persons will exceed 25% of the Company's market capitalization Securities issued are subject to trading restrictions until November 4, 2024. Proceeds of the Financing will be used by the Company to entertain project investment and working capital.
Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure materials filed with the securities regulatory authorities in Canada and available at and readers are urged to read these materials.
The story "AAPKI Ventures (CSE APKI) announces Closing of Financing and new C-suite changes, including top leadership positions" has 766 words across 28 sentences, which will take approximately 4 - 7 minutes for the average person to read.
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