Will the board changes affect the company’s ability to raise capital or pursue acquisitions?

Short answer:

The election (or re‑election) of the directors listed in Fairplay Ventures’ June 26 2025 management‑information circular means the board’s composition remains essentially unchanged. Consequently, the board changes disclosed in the release are not expected to hinder the company’s ability to raise capital or to pursue acquisitions. In fact, the continuity of the existing board can be viewed as a positive factor for both activities.

Why the board changes are unlikely to affect capital‑raising or acquisition plans

Potential positive side‑effects

1. Credit‑rating stability – Rating agencies consider board stability a factor in their credit assessments. A stable board helps maintain or even improve the company’s credit rating, lowering borrowing costs.
2. Share‑holder confidence – Existing shareholders, who already approved the directors, are reaffirmed in their support, reducing the likelihood of activist challenges that could derail financing or M&A moves.
3. Strategic execution – The directors who have been re‑elected are already familiar with the company’s capital‑raising pipelines (e.g., any planned secondary offerings, venture‑debt facilities, or strategic partnerships) and can continue to drive those initiatives without a learning curve.
4. M&A credibility – Counterparties in acquisition negotiations often request board‑level sign‑off. A board that has just been reconfirmed demonstrates that the necessary governance approvals are already in place, streamlining deal execution.

What could still matter for capital‑raising or acquisitions

• External factors – Market conditions, commodity cycles, or macro‑economic trends will still influence financing terms and deal opportunities, regardless of board composition.
• Specific strategic decisions – If the company intends to raise a large amount of capital or pursue a marquee acquisition, the board will still need to approve the transaction size, leverage ratios, and any dilution. The current directors will be responsible for those judgments, but the fact that they are already in place means there is no additional delay.
• Regulatory or shareholder approvals – Certain transactions may still require separate shareholder votes or regulatory clearances; the board’s stability does not eliminate those procedural steps, but it does not add extra hurdles either.

Bottom line

• No new directors were introduced, and no existing directors were removed.
  
• The board remains the same group that shareholders previously vetted and approved.
  

Because of this continuity, the board changes reported on August 5 2025 are unlikely to impede Fairplay Ventures’ ability to raise capital or to pursue acquisitions. If anything, the stable governance structure should support those objectives by preserving investor confidence, maintaining credit‑rating stability, and ensuring that strategic initiatives can move forward without the disruption that a major board reshuffle would create.