|
| Home : Black Sparrow Capital Corp. and Pure Natures Wellness Inc. C.O.B. as Aphria Complete Subscription Receipt Financing and Enter Into Definitive Agreement to Complete Qualifying Transaction |
|
Aug 01
2014 |
Black Sparrow Capital Corp. and Pure Natures Wellness Inc. C.O.B. as Aphria Complete Subscription Receipt Financing and Enter Into Definitive Agreement to Complete Qualifying Transaction |
|
TORONTO, ONTARIO--(Marketwired - July 31, 2014) - Black Sparrow Capital Corp. ("Black Sparrow" or the "Company") (NEX BOARD:BLC.H) is pleased to announce that it has entered into a definitive arm's length transaction agreement (the "Agreement") dated July 31, 2014 with Pure Natures Wellness Inc. carrying on business as Aphria ("Aphria") whereby Aphria will amalgamate with a new and direct wholly-owned subsidiary of Black Sparrow ("Subco") to become a direct, wholly-owned subsidiary of Black Sparrow (the "Business Combination"). Upon completion of the Business Combination, Black Sparrow will remain as the resulting issuer (the "Resulting Issuer"). It is proposed that the Business Combination will constitute the Qualifying Transaction of Black Sparrow under the policies of the TSX Venture Exchange (the "Exchange"). |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=1934729&sourceType=3 |
| |
|
Related News
|
» West Melville Closes First Tranche of Financing
» Aben Resources Closes $102,000 Flow Through Financing
|
|
|
