Cross River Announces Closing of Private Placement
Cross River Announces Closing of Private
Placement
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2025) - Cross River Ventures Corp. (CSE:
CRVC.X) (the "
Company
" or "
Cross River
") is pleased to announce the closing of its non-brokered
private placement (the "Private Placement"). In connection with the closing of the Private Placement the
Company issued 144,000,000 common shares at a price of $0.005 per common share for gross
proceeds to the Company of $720,000.
The Company intends to use the proceeds from the Private Placement to pay outstanding liabilities and
for working capital purposes.
Closing of the Private Placement is subject to receipt of all necessary regulatory approvals including final
acceptance of the Canadian Securities Exchange. All securities issued under the Private Placement are
subject to a hold period under applicable securities laws in Canada expiring four months and one day
from closing of the Private Placement.
No securities regulatory authority has either approved or disapproved of the contents of this news
release.
The securities of the Company have not been, nor will they be, registered under the United
States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold
in the United States, or to or for the account or benefit of any person in the United Sates, absent
registration or an applicable exemption from the registration requirements.
This press release shall not
constitute an offer to sell or the solicitation of an offer to buy any securities in the United States, or in any
other jurisdiction in which such offer, solicitation or sale would be unlawful.
On behalf of the Board of Directors of CROSS RIVER VENTURES CORP.
Sam Wong
CEO
Tel: 778-726-3356
Forward-Looking Statements
This release may contain forward-looking statements. Forward-looking statements are statements that
are not historical facts and are generally, but not always, identified by the words "expects", "plans",
"anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that
events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements may
include, without limitation, statements relating to the Private Placement and the use of proceeds
therefrom. The forward-looking statements contained in this press release are expressly qualified in their
entirety by this cautionary statement. All forward-looking statements in this press release are made as of
the date of this press release. The forward-looking statements contained herein are also subject
generally to assumptions and risks and uncertainties that are described from time to time in the
Company's public securities filings with the Canadian securities commissions. Although the Company
believes the expectations expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results may differ
materially from those in forward looking statements. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements whether as a result of new information,
future events or otherwise.
The Canadian Securities Exchange has in no way passed upon the merits of the proposed
transaction and has neither approved nor disapproved the contents of this news release.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of this release.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/276993