MINFOCUS EXPLORATION CORP V.MFX

RE:RE:Reverse take over??

[YoloRolo]

Did MFX try to acquire something in the past but this time around they are the one that wants to be taken over is my question.  This is new news to me too.  I'll try one more time to look for it in the MD&A when I get to a quieter place.

Toronto, ON (FSCwire) - Minfocus Exploration Corp. (TSX-V: MFX) (“Minfocus” or “Company”) announces that the Board of Directors has recently undertaken a review of various alternatives for advancing Minfocus which included discussions with potential investors.  In the course of that review, and as a result of discussions with potential investors, the Board of Directors of Minfocus received a proposal for a transaction from a group (“Offeror”) that, if accepted, would have resulted in the dilution of existing shareholders and a reverse takeover of the Company.
Read more at https://www.stockhouse.com/news/press-releases/2018/01/10/minfocus-corporate-update-and-change-of-directors-and-its-executive-officer#r9LlI4c82KQjUqJj.99