Brief: 9 Capital Announces Proposed Qualifying Transaction With Churchill Diamond Corporation

Churchill Resources (ON)

23/12/2020 20:57

Dec 23 (Reuters) - 9 Capital Corp  NCPLp.V :
    * 9 CAPITAL ANNOUNCES PROPOSED QUALIFYING TRANSACTION WITH
CHURCHILL DIAMOND CORPORATION
    * 9 CAPITAL CORP - PROPOSED TRANSACTION WILL BE A REVERSE
TAKEOVER
OF CO BY CHURCHILL AND ITS SHAREHOLDERS
    * 9 CAPITAL CORP - CO WILL EFFECT A NAME CHANGE TO SUCH NAME
AS
MAY BE DETERMINED BY CHURCHILL
    * 9 CAPITAL CORP - EXPECTED THAT FOLLOWING COMPLETION OF
TRANSACTION, CO'S SHAREHOLDERS  WILL HOLD APPROXIMATELY 20.4% OF
9 CAPITAL SHARES
    * 9 CAPITAL CORP -EXPECTED THAT FOLLOWING COMPLETION OF
PROPOSED
DEAL, CURRENT SHAREHOLDERS OF CHURCHILL WILL HOLD ABOUT 65.4% OF
9 CAPITAL SHARES

Source text for Eikon:  urn:newsml:reuters.com:*:nGNXBdhZp
Further company coverage:  NCPLp.V 

 ((Reuters.Briefs@thomsonreuters.com;))