- Chairman has over 30 years of vast investment experience across various sectors including Crypto and DeFi Opportunities
- Chairman will invest $300,000 to purchase 2,000,000 Units of Vinergy Capital
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Vinergy Capital, Inc. (CSE: VIN) (OTCQB: VNNYF) (FSE: 1V7) ("Vinergy" or the "Company") announces that the Company's Board of Directors has appointed Mr. Alnoor Nathoo, of Calgary, Alberta as Chairman of the Board of Directors. Mr. Nathoo is an accomplished businessman having funded and managed various investments in the venture space over the past 30 years.
"Over the course of the past few years, I witnessed and took part in many crypto and blockchain opportunities. The recent move towards decentralized finance has opened up a huge opportunity for people from different walks of life to partake in this revolution and as such I decided to join Vinergy Capital to enable it and its shareholders to partake in this DeFi revolution. I look forward to working with the Technical Team at Vinergy Capital to identify and close on opportunities in this space in the near future", stated Alnoor Nathoo, Chairman of the Board.
Furthering his commitment to Vinergy Capital, Mr. Nathoo will be subscribing for a $300,000 equity placement to be comprised of 2,000,000 Units at $0.15 per Unit. Each Unit will be comprised of one common share and one-half transferable warrant exercisable at $0.25 for a period of 2 years. This placement remains subject to regulatory approval.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Vinergy Capital Inc.
Alnoor Nathoo, Chairman of the Board
Cautionary Statement Regarding "Forward-Looking" Information
The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by law. By its very nature, such forward-looking information requires the Company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.
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