Business News • MarketWire • Lynnwood Capital Announces Update on Proposed Transaction With Tantalex Corporation |
Lynnwood Capital Announces Update on Proposed Transaction With Tantalex Corporation |
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Lynnwood Capital Announces Update on Proposed Transaction With Tantalex Corporation
TORONTO, ONTARIO--(Marketwire - March 29, 2013) - Lynnwood Capital Inc. ("Lynnwood") (TSX VENTURE:LCI.P), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "TSXV"), is pleased to announce that it has entered into an agreement (the "Revised Letter Agreement") dated March 18, 2013 and executed March 20, 2013 for the arm's length acquisition of 100% of the common shares (the "Tantalex Shares") of Tantalex Corporation ("Tantalex"). The Revised Letter Agreement supersedes and replaces the letter agreement (the "Letter Agreement") dated May 9, 2012 between Lynnwood and Tantalex, previously announced on May 9, 2012, June 11, 2012, July 9, 2012 and October 4, 2012, which was meant to qualify as Lynnwood's "qualifying transaction" as defined by the TSXV.
View More : http://www.marketwire.com/mw/release.do?id=1773486&sourceType=3
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