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VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 5, 2017) - Ord Mountain Resources Corp. ("Ord") (NEX:OMR.H), a capital pool company, announces that, further to its news release of March 29, 2017, it was advised by Penta 5 Packaging Inc. ("Penta5"), with whom Ord had entered into a business combination agreement as Ord's Qualifying Transaction, has engaged Giving Back Finance Inc. (the "Investor") to provide funding in the amount of USD $5,400,000 (the "Financing") to satisfy the financing condition relating to the Qualifying Transaction. It is contemplated that after completion of the Qualifying Transaction, the Investor will also provide guidance to Penta5 on potential strategic joint ventures and potential partners in regards to the expansion and development of Penta5. |
