City View Green Holdings Inc. Considering Spin Out as Part of Strategic Review

Core Viewpoint - City View Green Holdings Inc. is undergoing a strategic review to explore various options aimed at maximizing shareholder value, including a potential spinout of its subsidiary and a shift in business focus towards investment in innovative sectors like Esports, AI, Blockchain, and Gold [1][2][3]. Group 1: Strategic Review and Options - The Board of Directors is evaluating a range of strategic alternatives to enhance shareholder value, including a potential spinout of its subsidiary [1][2]. - The company may transition from an industrial issuer to an investment issuer, focusing on fast-growing sectors such as Esports, Artificial Intelligence, Blockchain, and Web3, or the Gold sector [2]. - The Board is also considering accretive acquisitions that align with a broader strategic vision for the company [2]. Group 2: Financial Position and Future Plans - The company has recently settled over $2.3 million in debt, positioning itself to pursue options identified in the strategic review [3]. - There is no assurance that the strategic review will lead to a transaction or specific outcome, and no timetable has been set for its completion [3]. - The company has extended its current private placement until March 28, 2025, to raise additional capital [4]. Group 3: Stock Options and Incentives - The company has granted incentive stock options to directors, officers, and consultants to purchase up to 25 million common shares at a price of$0.05 per share, exercisable over three years [5].