Captiva Verde Acquires a Direct Interest in and to an Indigenous Sustainable Real Estate and Business Corporation to Move Indigenous Business Expansion into the Public Markets

Core Viewpoint - Captiva Verde Wellness Corp. has acquired a 49% stake in Matnaggewinu Development Corporation (MDC), an Indigenous-led development corporation, to enhance Indigenous business expansion and sustainable economic development [2][10]. Company Overview - Captiva Verde is a publicly traded company listed on the Canadian Securities Exchange (CSE) under the symbol PWR and on the US OTC Market under CPIVF [2]. - MDC is dedicated to advancing economic opportunities and self-sufficiency for Mi'kmaq communities through initiatives in affordable housing, health and wellness, and sustainable infrastructure development [4][10]. Leadership and Vision - Jeff Ciachurski, Director of Captiva Verde, aims to drive economic reconciliation and ensure long-term benefits for Mi'kmaq communities through this partnership [3][10]. - Nowlen Augustine, founder of MDC, is a prominent advocate for First Nations rights and has extensive experience in supporting Indigenous economic development [5][6]. First Project - MDC's first major project involves a 55-acre sustainable development site located 3 miles (5 km) west of Moncton, New Brunswick, which will serve as a flagship for Indigenous-led community development [7]. Planned Development Features - The development will focus on sustainability, ensuring environmental stewardship and long-term community benefits [9]. - All construction funding will be secured at the project level to maintain financial sustainability and avoid corporate dilution [9]. Commitment to Economic Reconciliation - The partnership between MDC and Captiva Verde is committed to developing high-quality, affordable housing solutions, advancing health initiatives, and strengthening Indigenous economic sovereignty [15].