Posted On: 07/11/2015 7:00:10 PM
Post# of 273254
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Wolverine Expl Inc (WOLV) 0.0130 $WOLV
Wolverine Appoints Dr. David Chalk and Richard Haderer to the Board of Directors and Enters into an Agreement for the Acquisition of a 25% Interest in Enigma
ACCESSWIRE - Tue Apr 14, 8:09AM CDT
VANCOUVER, BC / ACCESSWIRE / April 14, 2015 / Wolverine Exploration Inc. ("Wolverine"
(OTC Pink: WOLV) announced today that it has entered into a Share Exchange and Royalty Agreement (the "Agreement"
with Dr. David Chalk, hd.Tech ("Chalk"
. Under the terms of the Agreement, Wolverine will acquire a 25% interest in the process technology and cyber security company ENIGMAMobil Inc. ("Enigma"
from Chalk for the purchase price of USD $3,000,000, to be paid in shares of common stock of Wolverine at a deemed price of USD$0.01 per share (the "Shares"
. Wolverine will also receive a 25% royalty of all gross revenue received by Enigma from the sale of licenses of the ENIGMAMobil(TM) mobile security app. The Agreement is subject to Enigma completing a financing of USD$2,500,000 and Wolverine increasing its authorized capital of common stock to allow for the issuance of the Shares and Finders' Shares (as defined below).
Wolverine Appoints Dr. David Chalk and Richard Haderer to the Board of Directors and Enters into an Agreement for the Acquisition of a 25% Interest in Enigma
ACCESSWIRE - Tue Apr 14, 8:09AM CDT
VANCOUVER, BC / ACCESSWIRE / April 14, 2015 / Wolverine Exploration Inc. ("Wolverine"
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