Business News • MarketWire • Aqueous Capital Corp. Announces Completion of Transaction With Stoneset Equities Ltd. and Conditional Approval for Listing on CNSX |
Aqueous Capital Corp. Announces Completion of Transaction With Stoneset Equities Ltd. and Conditional Approval for Listing on CNSX |
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Aqueous Capital Corp. Announces Completion of Transaction With Stoneset Equities Ltd. and Conditional Approval for Listing on CNSX
CALGARY, ALBERTA--(Marketwire - Feb. 18, 2010) - Aqueous Capital Corp. ("Aqueous") (TSX VENTURE:AQS.P) announces that it has completed the previously announced transaction involving Stoneset Equities Ltd. ("Stoneset"), Aqueous and its wholly-owned subsidiary, 1485359 Alberta Ltd. ("Aqueous Subco"), in accordance with the amalgamation agreement dated December 21, 2009, as amended (the "Amalgamation Agreement"), pursuant to which Stoneset and Aqueous Subco amalgamated (the "Amalgamation") and former shareholders of Stoneset, other than dissenting shareholders, received an aggregate of 31,500,000 common shares of Aqueous (each an "Aqueous Share") in consideration for all of the common shares of Stoneset. Pursuant to the Amalgamation Agreement, an aggregate of 2,000,000 Aqueous Shares were issued to the founders of Aqueous. Following the completion of the Amalgamation, Aqueous has a total of 35,000,000 common shares issued and outstanding and the corporation formed upon the Amalgamation, n
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