TSXV:FCO.H - Post by User
Post by
Macmoonon Feb 22, 2018 7:57am
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ECS bought deal
ECS bought deal Mesnac announced on the evening of 22, the company and the Toronto Stock Exchange listed company eCobalt reached an agreement on the cooperation, including the company cash subscription eCobalt newly issued shares, equity investment and provide interest-bearing borrowings expected to subscribe for shares And provide a total amount of loan does not exceed 80 million US dollars, at the same time get the necessary government and regulatory approval to obtain a certain percentage of cobalt ore mineral underwriting rights. The company expects to sign an agreement of intent to cooperate with eCobalt this weekend. 23 companies resume trading on the stock.