RE:RE:RE:are we going to get any news! Feels like ages V.MOO.P a capital pool company. Jamie Levy CEO
Is this now a completely separate entity from the former MOO that had Alan Lone involved prior to all the rearrangements? Did Levy and cohorts pick it up as a shell company. Do the old previous shareholders still have a cut? I had AAO but did not have MOO -- some had both.
Toronto, Ontario--(Newsfile Corp. - August 27, 2021) - Moon River Capital Ltd. (TSXV: MOO.P) (the "
Company") is pleased to announce that it has entered into a non-binding letter of intent (the "
LOI") with A.T.S. - Advanced Test Solutions Ltd. d/b/a ATS Engineering ("
ATS") dated August 26, 2021, which outlines the general terms and conditions of a proposed business combination, by way of a three-corner amalgamation, merger, share exchange, plan of arrangement or other similarly structured transaction (the "
Transaction"), taking into account securities law and tax considerations, whereby the ATS will ultimately be acquired by the Company or an affiliate thereof.
The Company is a "capital pool company" on the TSX Venture Exchange ("TSXV") that completed its initial public offering in March 2020. The Company has not commenced commercial operations and has no assets other than cash. The Company intends for the Transaction to constitute a "Qualifying Transaction" as such terms are defined in Policy 2.4 - Capital Pool Companies of the TSXV (the "CPC Policy").