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Posted On: 01/10/2020 4:10:38 PM
Post# of 87305
Any can explain? Docotor Dalton maybe can coment on it?
Rewardstream cancels EuroMed deal, to transfer to NEX
2019-11-12 23:05 ET - News Release
Mr. Patrick Morris reports
REWARDSTREAM TERMINATES TRANSACTION WITH ISRAELI CANNABIS LICENSEE
Rewardstream Solutions Inc. has reached an agreement with EuroMed Therapeutics Ltd. to terminate the definitive share purchase agreement entered into between the parties. No funds were advanced by the company to EuroMed, and the company has not assumed any contingent liabilities or guarantees arising from the definitive agreement. In connection with the termination, EuroMed has agreed to reimburse certain professional fees and due diligence expenses incurred by the company. Following termination of the definitive agreement, the company no longer has any active operations and will not meet the continued listing requirements of the TSX Venture Exchange. While the company intends to apply for the reinstatement of trading in its common shares on the exchange, it is anticipated that company's listing will be transferred to the NEX board of the exchange. Transfer to the NEX board is subject to meeting applicable listing requirements of the exchange.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
https://www.stockwatch.com/News/Item?bid=Z-C:...p;region=C
Rewardstream cancels EuroMed deal, to transfer to NEX
2019-11-12 23:05 ET - News Release
Mr. Patrick Morris reports
REWARDSTREAM TERMINATES TRANSACTION WITH ISRAELI CANNABIS LICENSEE
Rewardstream Solutions Inc. has reached an agreement with EuroMed Therapeutics Ltd. to terminate the definitive share purchase agreement entered into between the parties. No funds were advanced by the company to EuroMed, and the company has not assumed any contingent liabilities or guarantees arising from the definitive agreement. In connection with the termination, EuroMed has agreed to reimburse certain professional fees and due diligence expenses incurred by the company. Following termination of the definitive agreement, the company no longer has any active operations and will not meet the continued listing requirements of the TSX Venture Exchange. While the company intends to apply for the reinstatement of trading in its common shares on the exchange, it is anticipated that company's listing will be transferred to the NEX board of the exchange. Transfer to the NEX board is subject to meeting applicable listing requirements of the exchange.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
https://www.stockwatch.com/News/Item?bid=Z-C:...p;region=C
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