Matribhumi Samachar English
Toronto, Ontario–(Newsfile Corp. – July 2, 2025) – AIM5 Ventures Inc. (TSXV: AIME.P) (“AIM5” or the “Company“) announces that the previously announced non-binding letter of intent (the “LOI“) between the Company and Fortress Gold Ltd. (“Fortress Gold“) has been terminated, effective June 27, 2025. The LOI was entered into on November 13, 2024, and the Company announced the LOI on November 14, 2024.
The Company has no residual liabilities in connection with the proposed transaction with Fortress Gold, and no monies have been advanced by the Company to Fortress Gold.
The Company will continue to pursue and evaluate other opportunities for a potential qualifying transaction.
About AIM5
AIM5 is a Capital Pool Company (as defined in the policies of the TSXV) listed on the TSXV having been incorporated under the Business Corporations Act (Ontario) on August 11, 2020. AIM5 has no commercial operations and no assets other than cash.
Cautionary Note Regarding Forward Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws regarding AIM5 and its business. Forward-looking information includes, but is not limited to, the Company continuing to pursue and evaluate other opportunities. Often but not always, forward-looking information can be identified by the use of words such as “expect”, “intends”, “anticipated”, “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would” or “will” be taken, occur or be achieved. Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Neither 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.
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