Mart Resources Inc MAUXF

News. Congrats to All.

[Shlinker_]

Mart Resources Updates Status of Arrangement

03/22/2016 09:27 AM ET

CALGARY, AB , Mar 22, 2016 (Marketwired via COMTEX News Network) -- Mart Resources, Inc. (TSX: MMT) ("Mart" or the "Company") announces that further to its prior press releases, Mart has received confirmation that all of the funds required to be paid by 1038821 B.C. Ltd. ("Acquireco") to satisfy the aggregate purchase price to the Mart shareholders and certain transaction costs have been received by Acquireco's lawyers in Canada. Subject to satisfaction of certain closing requirements, Mart expects such funds to be paid by Acquireco's lawyers to the depositary. Accordingly, Mart has agreed to extend the obligation of Acquireco to deposit such funds into escrow with the depositary until 5:00 p.m. (Calgary time) on Tuesday, March 22, 2016. The Outside Date for the completion of the transaction remains as March 24, 2016.

[QUANTUMJUMP]

WE MADE IT ............!!!!!! THANK YOU LORD !!!!!!!!!!!!!!!!!!!

[Zhantao]

I just came into this stock a few weeks ago when I heard about this buy-out.  I understand there were a few deals that fell through in the past, and luckily I wasn't in on this stock at that time.  So I came in at the right time.   That being said, Congrats to you, and congrats to all.  Have a good week