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| Home : Javelle Announces Proposed Qualifying Transaction with Kenadyr Mining Corporation |
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Nov 23 2016 |
Javelle Announces Proposed Qualifying Transaction with Kenadyr Mining Corporation |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 22, 2016) - Javelle Capital Corp. (NEX:JVL.H) (the "Company" or "Javelle"), a capital pool company listed on the NEX Board of the TSX Venture Exchange (the "Exchange"), is pleased to announce that it has signed an Amalgamation Agreement dated November 18, 2016 (the "Agreement") with Kenadyr Mining Corporation ("KMC"), a private British Columbia corporation, whereby Javelle will acquire all of the outstanding shares of KMC (the "Proposed Transaction") in exchange for common shares of the Company. KMC holds all of the issued and outstanding securities in PIC Ala-Too, a Kyrgyz Republic company that is the 100% legal and beneficial holder of an exploration license related to KMC's mineral project located in Borubai, northern Kyrgyz Republic (the "Borubai Project"). |
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| Source:http://www.marketwired.com/mw/release.do?id=2177785&sourceType=3 |
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