Birchtree Investments Ltd. Announces Closing of Investment in Valkyrie Specialty By Investing.com

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VANCOUVER, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) — Birchtree Investments Ltd.Birchtree or Company) (CSE: BRCH ), an investment company with a long-term goal of diversifying its assets for profit, today announced the closing of its investment in Valkyrie Specialty Corporation (Valkyrie Special), which was previously announced on March 24, 2024.

As a result, Birchtree now owns 795,926 common shares of parent company Valkyrie Specialty (Valkyrie Holdco) representing, without dilution, 30.6% of the issued and outstanding shares of Valkyrie Holdco, and Birchtree has the right to appoint a director of Valkyrie Holdco provided that Birchtree owns or controls at least 500,000 of the issued and outstanding shares of Valkyrie Holdco (based on changes according to company practices, if applicable). Pursuant to the transaction, Birchtree invested C$499,500 in Valkyrie Holdco and issued Valkyrie Holdco 5,000,000 common shares of the Company with a vesting period of four months and one day.

About Valkyrie Special

Valkyrie Specialty is a Texas-based provider of remediation and remediation services to help oil and gas companies reclaim residual resources, remove toxic materials that have already been installed, and rehabilitate fields for future use. Valkyrie Specialty’s treatment and services support oil and gas production as well as the number of poorly performing wells and recover unproductive wells for use by removing obstacles to recovery. Valkyrie Specialty has been in operation since February 2023 and, despite the poor financial performance, so far it is reporting unaccounted for in its first five quarters of US $ 2.478 million. For more information, please see https://valkyriespecialty.com/.

About Birchtree

Birchtree is an investment company with a long-term goal of disposing of its assets for profit. For more information, please see Birchtree’s disclosure documents available under the Company’s SEDAR+ profile at www.sedarplus.com.

For more information, contact:

Vitali SavitskiChief Executive OfficerBirchtree Investments Ltd.Tel: (416) 300-0625Email: birchtreeinvestmentsltd@gmail.com

Readers are cautioned that the financial information related to Valkyrie Specialty presented here has not been reviewed and is provided by Valkyrie Specialty.

Neither the Canadian Securities Exchange nor its sponsor accepts responsibility for the completeness of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved of the content.

Photo: Birchtree Investments Ltd.

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