Mart Resources Inc MAUXF

this is the take away

[gibbonsj]

As disclosed in the Meeting Materials, Midwestern's ability to complete the Arrangement is subject to it completing a private placement financing (the "Proposed Financing") to fund its obligations under the Arrangement. Midwestern has now provided Mart with a framework agreement that provides an indicative financing commitment from a significant industry participant. The indicative financing commitment contains conditions for a financing transaction that must be satisfied prior to the Proposed Financing being completed. There is no certainty that the conditions to the Proposed Financing will be satisfied or that the Proposed Financing will be completed.