Brief: Sama Resources, Section Rouge Media enter into reverse take-over deal
06/07/2016 12:01
July 6 (Reuters) - Sama Resources Inc SME.V
* And Section Rouge Media Inc. Enter into reverse takeover
transaction to form new graphite exploration and development
company
* Section will acquire 100% of shares of SRG in
consideration of 20 million common shares of section
* Deemed value per share is CDN$0.10, for a total purchase
price of cdn$2 million
Source text for Eikon: ID:nCCN7prmb0
Further company coverage: SME.V
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Brief: Us Based Industrial Firm Enters Into Share Purchase Agreement With Sama Resources To Buy 33.66% Of Its Stake In SRG Mining Inc.