Business News • MarketWire • Leezamax Capital Corp. Announces Proposed Qualifying Transaction |
Leezamax Capital Corp. Announces Proposed Qualifying Transaction |
|
|
Leezamax Capital Corp. Announces Proposed Qualifying Transaction
SURREY, BRITISH COLUMBIA--(Marketwire - Jan. 28, 2011) - LEEZAMAX CAPITAL CORP. (TSX VENTURE:LZX.P) of Surrey B.C. ("Leezamax" or the "Corporation") is pleased to announce that that it has entered into a letter of intent dated December 23, 2010 (the "Agreement") pursuant to which it intends to acquire all of the issued and outstanding common shares of Coconut Grove Textiles Inc ("CGTI"), a Toronto-based company which designs, manufactures and distributes ladies intimate apparel and accessories, and, also holds exclusive North American distribution rights for a new generation of intelligent textiles which have the ability to kill bacteria, repel insects and heal skin among other things (the "CGTI Acquisition"). In terms of the letter of intent, the issued and outstanding common shares of CGTI will be exchanged for the issuance of common share
View More : http://www.marketwire.com/mw/release.do?id=1387191&sourceType=3
|
|
|