on CO2 Gro Inc. (NASDAQ:BLONF)
CO2 GRO Inc. Provides Update and Announces Director Resignations
Toronto, ON / Accesswire / June 20, 2024 - CO2 GRO Inc. (TSXV:GROW) announced the resignations of Mr. Samuel Kanes, Mr. Tom Wiltrout, Ms. Rose Marie Gage, and Mr. Gordon Surgeoner from the Board of Directors. Mr. Surgeoner and Ms. Gage were members of the special committee formed by the Board and announced on April 26, 2024. Mr. Michal Boyd remains the sole member of this committee.
Due to the failure in raising further debt or equity capital, the Company has suspended operations. CO2 GRO Inc. is actively searching for parties interested in assuming control or purchasing its assets. Until a transaction is completed, the current cease trade order remains in effect.
The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of this release.
R. E.
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