Vancouver, British Columbia – April 24, 2025 – TheNewswire - Boksburg Ventures Inc. (“Boksburg” or the “Company”) announces the resignation of Mr. Eugene Beukman as Chief Executive Officer, President and as a Director of the Company. Accordingly, the Company announces the appointment of Mr. Johannes (Theo) van der Linde, a Director and Chief Financial Officer of the Company, to the role of Interim Chief Executive Officer and Interim President. The Board wishes to thank Mr. Beukman for his services and wishes him all the best in his future endeavors.
The Company also announces that it has granted an aggregate of 50,000 stock options to its directors at a price of $0.25 per common share for a period of four years from grant.
On behalf of the Board of Directors of:
Boksburg Ventures Inc.
“Johannes (Theo) van der Linde”
Johannes (Theo) van der Linde
Director and Interim CEO
Phone: (604) 687-2038
Information set forth in this press release may involve forward-looking statements, including statements relating to the further development of the Break Free mobile application within the Company or through external arrangements. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address a company’s expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated the closing of the Proposed Transaction; the need for additional financing; reliance on key personnel; and the potential for conflicts of interest among certain officers or directors with certain other projects. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and except as required by law, the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements. For further information on risk, investors are advised to see the Company’s MD&A and other disclosure filings with the regulators which are found at www.sedarplus.ca.
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