Business News • MarketWire • Tajac Capital Inc. Announces Proposed Qualifying Transaction |
Tajac Capital Inc. Announces Proposed Qualifying Transaction |
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Tajac Capital Inc. Announces Proposed Qualifying Transaction
SURREY, BRITISH COLUMBIA--(Marketwire - Oct. 22, 2010) - TAJAC CAPITAL INC. of Surrey B.C. ("Tajac" or the "Corporation") is pleased to announce that that it has entered into a letter of intent dated July 26, 2010 (the "Agreement") pursuant to which it intends to acquire all of the issued and outstanding common shares of Kwick Clean and Green Ltd. ("KCG"), a Surrey-based company which manufactures and distributes the patented environmentally friendly paintbrushes sold under the brand name Envirobrush, in exchange for the issuance of common shares ("Common Shares") in the capital of the Corporation (the "KCG Acquisition"). Tajac was originally listed on the TSX Venture Exchange (the "Exchange") in 2007 as a capital pool company but was delisted from the Exchange on October 29, 2009, for failure to comple
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