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Last $0.14 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 4:30 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

valencia ventures inc (VVIVF) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/30/14 - $0.28
52 Week Low
05/12/14 - $0.12
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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valencia ventures inc (VVIVF) Details

Valencia Ventures Inc. does not have significant operations. Previously, it was engaged in the acquisition, exploration, and evaluation of mineral properties in Canada. The company is headquartered in Toronto, Canada.

valencia ventures inc (VVIVF) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$30.5K
Compensation as of Fiscal Year 2013.

valencia ventures inc (VVIVF) Key Developments

Valencia Ventures Inc. Announces Executive Changes

Valencia Ventures Inc. announced that it has entered into an amalgamation agreement dated March 13, 2015 with Chelsea Natural Gas Ltd., whereby Valencia will acquire all of the issued and outstanding shares of Chelsea CNG. It is expected that the Transaction will be effected by way of a three-cornered amalgamation pursuant to which a wholly-owned subsidiary of Valencia will amalgamate with Chelsea CNG, and the holders of Class "A" voting shares of Chelsea CNG will receive 1.6 common share of Valencia for each one share of Chelsea CNG so held. Upon completion of the Transaction, it is anticipated that management of Valencia will include Mr. Steve Carmichael as President and Chief Executive Officer and the board of directors of Valencia will include the persons identified below: Dave Antony. Mr. Antony is currently is also Chief Executive and a director of Blackhawk Resource Corp., and DraftTeam Daily Fantasy Corp. Steve Carmichael. Mr. Carmichael is a founding shareholder and the current President and CEO of Chelsea CNG. Dianne Szigety. Ms. Szigety brings over 25 years of management experience for public and private companies, specializing in corporate paralegal services to help optimize regulatory compliance and corporate governance for her clients. John L. Turner, P.Eng. MBA. Mr. Turner, currently Chelsea CNG's COO and Director, has over 30 years of experience and leadership in the energy business most recently with FortisBC. Thomas (Tom) West. Mr. West has over 30 years' experience in military, computing, banking, and the energy sectors.

Valencia Ventures Inc. Announces Management Changes

Valencia Ventures Inc. announced that Mr. John Rak has stepped down as President, Chief Executive Officer and a director of the company to pursue other endeavours. In addition, the company welcomes Josh Van Deurzen as its President and Chief Executive Officer and a member of the company's Board of Directors. Mr. Van Deurzen is a corporate and securities lawyer who has provided business and legal consulting to various public and private companies in the resource-based sectors.

Valencia Ventures Inc. Enters into Promissory Notes with Arm's Length Individuals

Valencia Ventures Inc. announced that it has entered into two promissory notes with arm's length individuals. Each Note is for $50,000, bears interest at 10% per annum, compounded annually, and is payable on September 30, 2014. The proceeds from the Notes will be used for working capital purposes.


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