Brief: Rebel Capital Announces Letter Of Intent For Acquisition Of Private Royalty Company As Qualifying Transaction

Electric Royalties

28/11/2019 01:27

Nov 27 (Reuters) - Rebel Capital Inc  RBLp.V :
    * REBEL CAPITAL INC. ANNOUNCES LETTER OF INTENT FOR
ACQUISITION OF
PRIVATE ROYALTY COMPANY AS QUALIFYING TRANSACTION
    * REBEL CAPITAL INC- REBEL WILL ACQUIRE ALL OF ISSUED AND
OUTSTANDING SHARES IN CAPITAL OF ELECTRIC ROYALTIES
    * REBEL CAPITAL INC  - RESULTING ISSUER WILL CARRY ON
BUSINESS
HERETOFORE CARRIED ON BY ELECTRIC ROYALTIES UPON COMPLETION OF
PROPOSED TRANSACTION
    * REBEL CAPITAL- PROPOSED TRANSACTION IS EXPECTED TO BE
COMPLETED
BY SHARE EXCHANGE OR OTHER FORM OF BUSINESS COMBINATION
    * REBEL CAPITAL - SHAREHOLDERS OF ELECTRIC ROYALTIES LTD
WILL BE
ISSUED APPROX 20 MILLION POST-CONSOLIDATION REBEL COMMON SHARES
UPON CLOSING

Source text for Eikon:  ID:nGNX4QPCz 
Further company coverage:  RBLp.V 

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