Thoroughbred Capital Inc. Announces Termination of Letter of Intent to Acquire Innovative Labs LLC
30 Luglio 2012 - 7:56PM
Marketwired Canada
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IN THE UNITED STATES
Thoroughbred Capital Inc. ("TBC" or the "Corporation") (TSX VENTURE:TBC.P), a
Capital Pool Company, announces that, further to its press release dated
December 30, 2011 announcing the entering into of a letter of intent (the "LOI")
with Innovative Labs LLC ("INO") to acquire all of the issued and outstanding
securities of INO, the parties have mutually agreed to terminate the LOI and
their respective obligations thereunder.
TBC Common Shares are expected to resume trading on the TSX Venture Exchange
effective August 1, 2012.
The TSXV has neither approved nor disapproved the contents of this press release.
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