ARTEVO CORPORATION ("AEV") 
[formerly Artevo Corporation ("AEV.P")] 
BULLETIN TYPE: CPC-Information Circular, Qualifying Transaction-Completed, Symbol Change, Resume Trading, Private Placement-Non-Brokered, Convertible Debentures 
BULLETIN DATE: June 23, 2008 
TSX Venture Tier 2 Company 

CPC-Information Circular and Resume Trading: 
TSX Venture Exchange (the "Exchange") has accepted for filing the Company's Information Circular dated December 28, 2007 for the purpose of mailing to its shareholders and filing on SEDAR. 

Pursuant to Exchange Bulletin dated October 16, 2007, the common shares of the Company have been halted from trading since October 17, 2007, pending completion of a Qualifying Transaction. In conjunction with the completion of the Qualifying Transaction, the common shares will resume trading effective at the opening on Tuesday, June 24, 2008 as indicated below. 

The Exchange has accepted for filing the Company's Qualifying Transaction as principally described in its information circular dated December 28, 2007 (the "Information Circular"). As a result, at the opening on Tuesday, June 24, 2008, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following: 

Qualifying Transaction-Completed: 
The Qualifying Transaction involves the non-arm's length amalgamation (the "Amalgamation") of the Company and Power Play Art Ltd. ("Power Play") pursuant to an amalgamation agreement dated December 21, 2007. Pursuant to the Amalgamation, each holder of Power Play common shares (the "Power Play Shares") received one common share ("Amalco Share") of the amalgamated corporation, Artevo Corporation ("Amalco") for every one Power Play Share held at a deemed price of $0.20 per share, and each holder of the Company's common shares ("Artevo Shares") received one Amalco Share for every one Artevo Share held. Each holder of Power Play warrants (the "Power Play Warrants") received one Amalco warrant for every one Power Play Warrant held at an exercise price of $1.60, with expiry dates of July 27, 2008 and February 23, 2009. Each holder of Power Play options received one Amalco option for every one Power Play option held at exercise prices ranging from $0.70 to $1.15 with expiry dates ranging from September 1, 2008 to July 1, 2013. Holders of Power Play convertible debentures for the principal amount of US$619,020 received Amalco convertible debentures which converted into Amalco shares at a price of $0.50 upon completion of the Amalgamation. Holders of Power Play convertible debentures for the principal amount of US$900,000 received Amalco convertible debentures, convertible into Amalco shares at a price of $0.50, with expiry dates of July 18, 2009 and August 1, 2009. Each holder of the Company's agent's options (the "Artevo Agent's Option") received one Amalco agent's option for every one Artevo Agent's Option held at an exercise price of $0.20 until October 17, 2009. Each holder of the Company's stock options (the "Artevo Stock Option") received one Amalco stock option for every one Artevo Stock Option held at an exercise price of $0.20 until July 19, 2012. 

A total of 12,008,244 common shares issued pursuant to the Qualifying Transaction are subject to a TSX-V Tier 2 Surplus Security Escrow Agreement to be released over a 72-month period upon completion of the Qualifying Transaction. A total of 400,000 common shares issued pursuant to the Qualifying Transaction are subject to a TSX-V Tier 2 Value Security Escrow Agreement to be released over a 36-month period upon completion of the Qualifying Transaction. 

Insider / Pro Group Participation: 

Insider=Y / 
Name ProGroup=P # of Shares 
Christopher Talbot Y 12,101,100 
Damian and Sonia Conrad Y 4,587,215 

The Company is classified as an "Art Dealers" company. 

The Exchange has been advised that the above transaction, approved by shareholders on February 29, 2008, was completed on May 30, 2008. 

In conjunction with the completion of the Company's Qualifying Transaction, trading will resume effective at the opening Tuesday, June 24, 2008. 

In addition, the Exchange has accepted for filing the following: 

Private Placement-Non-Brokered, Convertible Debentures: 
The Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 17, 2007. 

Convertible Debenture: $2,600,000 

Conversion Price: Convertible into Amalco Common Shares at $0.50 per share upon the earlier of (i) the trading price of the listed shares exceeding $1.00 for 10 consecutive trading days; or (ii) at the option of the holder at any time before the Maturity Date. 

Maturity Date: 2 years from issuance 

Interest Rate: 12% per annum 

Number of Placees: 26 

Insider / Pro Group Participation: 

Insider=Y / 
Name ProGroup=P # of Shares 
Palos Capital Pool LP Y 15,000 
(Hubert Marleau) (upon conversion) 

Capitalization: unlimited shares with no par value of which 
(Post-Qualifying Transaction) 31,211,176 shares are issued and outstanding 
Escrow: 13,408,224 shares 

Symbol: AEV (same symbol as CPC but with .P removed) 
Transfer Agent: Olympia Trust Company 

Company Contact: Christopher Talbot 
President and CEO 
Company Address: 514 - 11th Avenue SW 
Calgary, AB T2R 0C8 
Company Phone Number: (403) 244-8123 
Company Fax Number: (403) 229-9687 

TSX-X