on Fairplay Ventures Inc. (CVE:FPY.P)
Fairplay Ventures Inc. Engages in Agreement with Ampere Metals Pty. Limited
Fairplay Ventures Inc., a capital pool company listed on the TSX Venture Exchange, and Ampere Metals Pty. Limited have signed a definitive agreement dated August 28, 2026. This agreement will see Fairplay acquiring all securities of Ampere, marking it as Fairplay's Qualifying Transaction under TSXV policies.
Under the agreement, Fairplay will consolidate its shares and issue Resulting Issuer Shares for each Ampere share post-transaction. Following completion, Fairplay anticipates renaming to Ampere Metals Ltd. and shifting focus to exploring the Virginia Silver Project in Argentina.
The transaction hinges on regulatory approvals, a shareholder meeting for approval of the name change, and share consolidation, along with a $10 million non-brokered offering for listing requirements.
Currently, trading of Fairplay shares is halted, with expectations to resume post-transaction completion. Completion is uncertain, and investors are cautioned.
R. E.
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