Slyce agreement to acquire Drivetrain Slyce agreement to acquire Drivetrain
2014-11-18 16:17 ET - Property Agreement
The TSX Venture Exchange has accepted for filing documentation pursuant to a membership interest purchase agreement between Slyce Inc. and Drivetrain Agency LLC, whereby Slyce will acquire all of the issued and outstanding interests in Drivetrain. In consideration, the company will pay the shareholders of Drivetrain a total of 1,855,288 common shares of the company at a deemed price of 60.8 cents per share, and $2.5-million in cash.
For further information, please refer to the company's news releases dated Oct. 21, 2014, and Oct. 31, 2014.
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