1319472 B.C. LTD. ANNOUNCES RTO WITH ARETE E-COMMERCE GROUP LLC WILL NOT PROCEED

TORONTO, ONTARIO, CANADA, May 20, 2025 /EINPresswire.com/ -- 1319472 B.C. Ltd. (the “Company”) announces that its previously announced reverse takeover by Arete E-Commerce Group LLC. will not proceed. The Company will continue to search for new business opportunities and transactions.


For more information, please contact:

1319472 B.C. LTD.

Binyomin Posen
Chief Executive Officer, Chief Financial Officer & Director
Email: bposen@plazacorp.onmicrosoft.com


Forward-Looking Statements and Information and Cautionary Statements

Certain information in this press release constitutes forward-looking statements under applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". Forward-looking information in this material change report are based on certain assumptions and expected future events, namely: the Company’s ability to continue as a going concern; continued approval of the Company’s activities by the relevant governmental and/or regulatory authorities; and the continued growth of the Company.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof, and thus are subject to change thereafter. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Factors that could cause anticipated opportunities and actual results to differ materially include, but are not limited to, matters referred to above and elsewhere in the Company’s public filings and reports that will be filed in respect of this Transaction which are and will be available on SEDAR+.

Binyomin Posen
1319472 B.C. ltd.
+ +1 416-481-2222
bposen@plazacorp.onmicrosoft.com

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