Sceptre Ventures signs LOI to acquire 1490660 B.C. Ltd in reverse takeover deal
Bitget2026/10/08 19:30Sceptre Ventures agreed to acquire privately held 1490660 B.C. Ltd. under a non-binding LOI dated Oct. 8, 2026. Deal terms call for a 1-for-1 share exchange for 1490660 common shares. 1490660 holds the Black Birch Lake and Rifle exploration properties in Saskatchewan. Transaction includes replacing 15,000,000 target warrants with Sceptre warrants on the same exchange ratio. A concurrent offering targets up to 6,000,000 units at $0.50 each, raising up to $3 million; warrants priced at $0.75. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sceptre Ventures Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610081530ACCESSWRNAPR_____1234491) on October 08, 2026, and is solely responsible for the information contained therein.
- Sceptre Ventures agreed to acquire privately held 1490660 B.C. Ltd. under a non-binding LOI dated Oct. 8, 2026.
- Deal terms call for a 1-for-1 share exchange for 1490660 common shares.
- 1490660 holds the Black Birch Lake and Rifle exploration properties in Saskatchewan.
- Transaction includes replacing 15,000,000 target warrants with Sceptre warrants on the same exchange ratio.
- A concurrent offering targets up to 6,000,000 units at $0.50 each, raising up to $3 million; warrants priced at $0.75.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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