CUV Ventures Corp. Receives Exchange Approval on Lease Agreement for the VIP Collection, 182 Domain Names For Global Travel Sales Through RevoluVIP Travel Club
VANCOUVER, British Columbia, Oct. 05, 2018 (GLOBE NEWSWIRE) -- CUV Ventures Corp. (TSX-V: CUV ) (the “Company”) is pleased to announce that, further to its news release dated September 17, 2018, the Company has received final approval from the TSX-Venture Exchange on the lease agreement for the “VIP Collection”, a collection of 182 domain names, active websites, legacy internet traffic and, good will. This unique collection of domain names and websites, which have been active, on average, for over 15 years, should ensure the RevoluVIP Travel Club immediate market penetration, through well-known web properties.
The Company’s CEO, Steve Marshall, is a non-arm’s length party to the transaction as he is a director and majority shareholder of the vendor. The independent directors of the Company have approved the transaction. Further details of the transaction are set out in the September 17, 2018 news release.
About CUV Ventures Corp.:
CUV Ventures Corp. is a multi-asset, multidivisional publicly traded Canadian company deploying advanced technologies in the; Online Travel, Vacation Resort, Mobile Apps, Money Remittance, Invoice factoring, Blockchain Systems, and Cryptotoken sectors.
Our flagship technology is RevoluPAY®, the Apple and Android multinational leisure payments and remittance app, powered by blockchain protocols, and aimed at the worldwide + $595 billion family remittance market. Click here to read more.
For further information on CUV Ventures Corp. (TSX-V: CUV) visit the Company’s website at www.cuvventures.com. The Company has approximately 123,200,000 shares issued and outstanding.
CUV VENTURES CORP.
STEVE MARSHALL______________________________Steve MarshallCEO
For further information contact myself or:Nick FindlerCUV Ventures Corp.Telephone: 604-639-3850Toll Free: 800-567-8181Facsimile: 604-687-3119Email: firstname.lastname@example.org
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management 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 or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.