Latest Blackhawk Res Corp (BLRZF) Headlines B
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Posted On: 03/09/2014 3:22:29 AM
Latest Blackhawk Res Corp (BLRZF) Headlines
Blackhawk Resources Terminates Acquisition of Global Royalty Corp.
Marketwire - Mon Nov 25, 10:27AM CST
Blackhawk Resource Corp. ("Blackhawk" or the "Corporation") (TSX VENTURE: BLR) announces it has terminated the Agreement to acquire all the issued shares of Global Royalty Corp. The agreement is being terminated as Global Royalty Corp. has received a superior offer. As part of the termination agreement, Blackhawk will receive a termination fee of $250,000, which covers all the costs incurred to date on the proposed transaction. In addition the $1,650,000 loan advanced from the Company to Global will be repaid with all accrued interest.
Blackhawk Resources Terminates Acquisition of Global Royalty Corp.
Marketwire - Mon Nov 25, 10:27AM CST
Blackhawk Resource Corp. ("Blackhawk" or the "Corporation") (TSX VENTURE: BLR) announces it has terminated the Agreement to acquire all the issued shares of Global Royalty Corp. The agreement is being terminated as Global Royalty Corp. has received a superior offer. As part of the termination agreement, Blackhawk will receive a termination fee of $250,000, which covers all the costs incurred to date on the proposed transaction. In addition the $1,650,000 loan advanced from the Company to Global will be repaid with all accrued interest.
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