Business News • MarketWire • Dacha Strategic Metals Mutually Terminates Business Combination with Aberdeen International |
Dacha Strategic Metals Mutually Terminates Business Combination with Aberdeen International |
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Dacha Strategic Metals Mutually Terminates Business Combination with Aberdeen International
TORONTO, ONTARIO--(Marketwire - Oct. 12, 2012) - Dacha Strategic Metals Inc. (TSX VENTURE:DSM)(OTCQX:DCHAF) has mutually agreed with Aberdeen International Inc. to terminate the previously announced business combination agreement between Dacha and Aberdeen (For further information on the proposed business combination please see the joint press release of Dacha and Aberdeen dated August 15, 2012). Dacha and Aberdeen were not able to secure satisfactory assurances from the Toronto Stock Exchange that the combined entity would be listed on the Toronto Stock Exchange. The exchange indicated that the pro-forma company would not meet the net income tests set out in the listing requirements.
View More : http://www.marketwire.com/mw/release.do?id=1712996&sourceType=3
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