GREY:ALGWF - Post by User
Post by
1969Enigmaon Jan 12, 2017 11:03am
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Post# 25699188
BRIM deal....
BRIM deal....Now that they've closed the pp, they did raise sufficient funds to satisfy the requirements of the definitive agreement. Optimistically anticipate that this announcement will be forthcoming shortly after it unhalts. ..... "early 2017"
"The significant terms of the deal include the following: 1. Alliance will issue to B.R.I.M. a total of 6,000,000 common shares and 3 million warrants to be released in stages; 2. Cash payments of $75,000 on execution of the MOU and $75,000 on execution of the Definitive Agreement; 3. Pay a Royalty to B.R.I.M. on each Botany Centre in Canada that that is consistent with similar commercial operations."