$WOLV 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).
http://finance.yahoo.com/news/wolverine-appoi...00101.html
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