NEWSFrom Stockwatch
Noveko Int'l acquiring Groupe Conseils Micron-Air
2008-07-07 18:22 ET - Acquisition
The TSX Venture Exchange has accepted for filing the documentation relating to an arm's-length agreement for the purchase of all of the issued and outstanding shares of Groupe Conseils Micron-Air Inc., in consideration of a cash payment of $600,000 and the issuance of 600,000 Class A shares. The $600,000 cash consideration will be increased by $1 for each shareholders' equity dollar above $600,000 on the closing date, up to a maximum shareholders' equity amount of $800,000.
For further information, please refer to the company's press release dated June 25, 2008.