Metavista3D Finalizes Business Combination and Secures Financing

VANCOUVER, BC / ACCESSWIRE / July 29, 2024 - Metavista3D Inc., formerly known as 1344340 B.C. Ltd., has announced the closure of a business combination agreement (BCA) with 1448125 B.C. Ltd. ("Finco"). This agreement aligns with the Company's previous press release from July 12, 2024.

Under the BCA, Finco and a wholly owned subsidiary of Metavista3D amalgamated under British Columbia's Business Corporations Act. Finco shareholders exchanged their shares on a one-for-one basis. Prior to the BCA closure, Finco completed a non-brokered private placement, issuing 1,260,063 common shares at $0.45 per share, raising CAD$567,028.35 in gross proceeds.

The securities involved in this financing are not registered under the U.S. Securities Act of 1933 and are not available for sale in the U.S. This release does not constitute an offer or solicitation for U.S. securities.