Business NewsMarketWire • Focused Capital Corp Announces Details of Amalgamation and Qualifying Transaction with True North Nickel Inc.

Focused Capital Corp Announces Details of Amalgamation and Qualifying Transaction with True North Nickel Inc.

Focused Capital Corp Announces Details of Amalgamation and Qualifying Transaction with True North Nickel Inc.

TORONTO, ONTARIO--(Marketwired - July 24, 2017) - Focused Capital Corp. ("Focused" or the "Corporation") (NEX:FLO.H), a capital pool company, announces that it has entered into an amalgamation agreement with True North Nickel Inc. ("TNN") on July 24, 2017. In addition, Focused announces the following updates to its previously announced Qualifying Transaction pursuant to Policy 2.4 of the TSX Venture Exchange (the "Exchange") - Capital Pool Companies ("Policy 2.4") with TNN (see Focused's press release dated March 7, 2017). Focused and TNN had previously executed a letter of intent dated March 3, 2017 ("LOI") in respect of a transaction whereby Focused would acquire all of the issued and outstanding shares of TNN.

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