AIM6 Ventures and Elevate Service Group Announce TSXV Conditional Acceptance and Filing of Filing Statement
Toronto, Ontario--(Newsfile Corp. - October 24, 2025) - AIM6 Ventures Inc. (TSXV: AIMF.P) ("AIM6" or the "Company") and ElevateDesign Ventures Inc. ("Elevate", and together with AIM6, the "Parties") are pleased to announce that the Parties have received conditional acceptance from the TSX Venture Exchange ("TSXV") for the closing of the previously-announced arm's length qualifying transaction of the Parties (the "Qualifying Transaction"). In connection with the Qualifying Transaction, the Parties have publicly filed a filing statement dated October 23, 2025 (the "Filing Statement"), prepared in accordance with the requirements of the TSXV. The Filing Statement is available under the Company's issuer profile on SEDAR+ at www.sedarplus.ca. Additional information in respect of the Qualifying Transaction and the Company can be found in the Filing Statement.
The Company, upon and subject to completion of the Qualifying Transaction (the "Resulting Issuer"), is expected to (i) change its name to "Elevate Service Group Inc." and trade on the TSXV under the symbol "SERV" as a Tier 1 Industrial Issuer, and (ii) complete a consolidation of its issued and outstanding common shares at a ratio of one (1) post-consolidation common share for every 8.695652 pre-consolidation common shares. Final acceptance of the Qualifying Transaction will occur upon the issuance by the TSXV of a final exchange bulletin, which will provide the proposed date on which the Company's common shares will resume trading. Until such time, in accordance with the policies of the TSXV, the Company's common shares are currently halted from trading and will remain so until such time as required by the TSXV's policies.
Further to the Parties' news release dated October 9, 2025, announcing the completion of Elevate's previously announced brokered private placement of 7,938,000 subscription receipts (the "Subscription Receipts") for gross proceeds of $7,938,000 (the "Minimum Offering"), prior to completion of the Qualifying Transaction, Elevate intends to issue additional Subscription Receipts in an amount up to an aggregate total of 10,000,000 Subscription Receipts (inclusive of the Minimum Offering) (the "Offering") at a price of $1.00 per Subscription Receipt for aggregate gross proceeds of up to $10,000,000.
