Antler Purchases Subsidiaries from Sona Nanotech
14 Giugno 2019 - 3:00PM
PR Newswire (Canada)
HALIFAX, June 14, 2019 /CNW/ - Antler Gold Inc.
("Antler") (TSXV: ANTL) and Sona Nanotech Inc.
("Sona") (CSE: SONA) are pleased to announce that they
have closed Antler's acquisition of two subsidiaries of Sona that
own technical and physical data on historical mineral interests in
Mexico, and associated offsetting
intercompany receivables, for a purchase price of $1.00 (the "Transaction"), as previously
announced. The assets and third party liabilities are nominal
for both subsidiaries.
The Transaction is a Non-Arm's Length transaction pursuant to
TSX Venture Exchange policies, as Daniel
Whittaker is the CEO and a director of Antler and a
director of Sona; Robert Randall is the Chief Financial
Officer of both Antler and Sona; and Wade
Dawe is a significant shareholder of both Antler and Sona.
The Transaction may also be a related party transaction
pursuant to Multilateral Instrument 61-101, Protection of
Minority Security Holders in Special Transactions ("MI
61-101"); however, Antler and Sona are exempt from the
valuation and minority approval requirements in MI 61-101 as the
fair market value of the assets acquired by Antler does not exceed
25% of their respective market capitalizations.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Antler Gold Inc.
Copyright 2019 Canada NewsWire
Grafico Azioni Antler Gold (TSXV:ANTL)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Antler Gold (TSXV:ANTL)
Storico
Da Dic 2023 a Dic 2024