Brief: United Hunter Oil & Gas Corp. Enters Into Definitive Agreement For Reverse Take Over Transaction

Bocana Resources

27/03/2021 01:21

March 26 (Reuters) - United Hunter Oil & Gas Corp  UHO.V :
    * UNITED HUNTER OIL & GAS CORP. ENTERS INTO DEFINITIVE
AGREEMENT
FOR REVERSE TAKE OVER TRANSACTION
    * UNITED HUNTER OIL & GAS CORP - ENTERED INTO A DEFINITIVE
AGREEMENT WITH BOCANA RESOURCES LTD TO COMPLETE A REVERSE
TAKEOVER TRANSACTION
    * UNITED HUNTER OIL & GAS CORP - UPON COMPLETION OF
AMALGAMATION,
RESULTING ISSUER WILL BE KNOWN AS "BOCANA RESOURCES CORP."
    * UNITED HUNTER OIL & GAS - PURSUANT TO BUSINESS COMBINATION
AGREEMENT, CORPORATION & BOCANA WILL AMALGAMATE TO COMPLETE
TRANSACTION
    * UNITED HUNTER OIL & GAS CORP - UPON COMPLETION OF
AMALGAMATION,
RESULTING ISSUER WILL CONTINUE BUSINESS OF BOCANA
    * UHO-EACH HOLDER OF BOCANA SHARES SHALL EXCHANGE THEIR
SHARES FOR
COMMON SHARES IN CAPITAL OF RESULTING ISSUER AT DEEMED PRICE OF
$0.10PER BOCANA SHARE
    * UHO- EACH HOLDER OF CO'S SHARES SHALL EXCHANGE THEIR UHO
SHARES
FOR COMMON SHARES IN CAPITAL OF RESULTING ISSUER AT DEEMED PRICE
OF ABOUT $0.06PER UHO SHARE

Source text for Eikon:  ID:nGNXbdwWrP 
Further company coverage:  UHO.V 

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