Business News • MarketWire • Amalfi Capital Corp. Announces Amended Financing Terms and Consequential Amendments to Terms of Amalgamation |
Amalfi Capital Corp. Announces Amended Financing Terms and Consequential Amendments to Terms of Amalgamation |
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Amalfi Capital Corp. Announces Amended Financing Terms and Consequential Amendments to Terms of Amalgamation
CALGARY, ALBERTA--(Marketwire - July 23, 2010) - Amalfi Capital Corp. ("Amalfi" or the "Corporation") (TSX VENTURE:ALI.P) announces amendments to the terms of the CDR Minerals Inc. ("CDR") brokered private placement previously announced on May 17, 2010. Amalfi also announces amendments (the "Consequential Amendments") to the terms of the amalgamation agreement (the "Amalgamation Agreement") between Amalfi and CDR, in addition to those terms previously announced on May 31, 2010. Pursuant to the Amalgamation Agreement, Amalfi's wholly-owned subsidiary will amalgamate with CDR (the "Business Combination") to continue as one company ("Amalco") under the Business Corporations Act (Ontario). In connection with the successful completion of the Business Combination, Amalfi will change its name to "Royal Coal Corp.
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