TORONTO, July 15, 2025 /CNW/ - On July 12, 2025, pursuant to the application of Section 1.8 of National Instrument 62-104- Take-over Bids and Issuer Bids, The Aune Foundation ("AF") and Trevor Aune as trustee for the AF (collectively, the "Acquirors") are now deemed to have acquired and to be the beneficial owner of an additional 20,000,000 non-issued common shares (the "Common Shares") of Vertiqal Studios Corp. (TSX: VRTS) (the "Issuer") issuable upon the conversion of a convertible debenture of the Issuer with principal amount of $500,000 issued in November 2022 to the AF and subsequently amended in September 2024 to, among other amendments, modify its conversion price (the "Convertible Debenture #1").
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