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Investor Protection Alert: Reverse Takeover of AD4 Capital Corp. by Responsible Energy Inc

EntSun News/11065198
MONTREAL - EntSun -- Investor Protection Alert: Reverse Takeover of AD4 Capital Corp. by Responsible Energy Inc. Raises Serious Concerns

Toronto, Canada – July 14 2025
— An independent market participant and former deal contributor has issued a formal complaint to the TSX Venture Exchange (TSXV) and the Investment Industry Regulatory Organization of Canada (IIROC) regarding alleged misconduct by Responsible Energy Inc., currently engaged in a reverse takeover transaction with AD4 Capital Corp. (TSXV: ADJ.P).

The transaction, announced on March 18, 2025, is expected to result in Responsible Energy Inc. becoming a publicly listed clean energy company through the acquisition of AD4 Capital Corp., a capital pool company. However, serious governance and ethical concerns have now been brought forward by Luc Deschamps, who played a direct role in helping the company secure its most recent round of funding.

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"I personally introduced and supported significant investor activity for Responsible Energy Inc. On January 9th 2025, the company received over $700,000 USD in funding as a direct result of my efforts. In return, I was promised a success commission of 5%, which was never honored," Deschamps stated. "Instead of fulfilling that obligation, I was abruptly cut off by the CEO, Gordon Fraser, and his legal counsel, Jonathan Cocker, who may have also had a financial interest in the deal — raising questions of conflict of interest."

Deschamps has submitted a formal written complaint to the TSXV and IIROC, requesting an immediate review of:

● Potential failure to disclose material information during the RTO process;

● Alleged breach of contractual agreements with fundraising intermediaries;

● Possible conflict of interest involving legal counsel acting as both advisor and investor;

● Misconduct that could pose harm to public investors and the reputation of Canada's capital markets.

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"The integrity of our public markets relies on honest disclosures and ethical leadership," Deschamps added. "It is my duty to raise these concerns to protect future investors and prevent the public listing of a company built on deception."

Deschamps has committed to continue releasing relevant details, including documented communications, to ensure transparency. He also invites other affected parties to step forward and share information regarding their dealings with Responsible Energy Inc.

A full version of the formal complaint is available upon request for qualified media and compliance professionals.

📬 For media inquiries or follow-up:

Luc Deschamps
Email: luc@bacterras.com Location: Canada Subject: Responsible Energy Inc. / AD4 Capital – Investor Integrity Concern

Note to Editors: Responsible Energy Inc. and AD4 Capital Corp. have not yet responded to this complaint. The reverse takeover is still pending regulatory and shareholder approval.

Media Contact
Luc Deschamps
***@bacterras.com
5149624477


Source: Bacterras Inc.
Filed Under: Investment

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