Brief: Butte Energy Announces Update to Previously Announced Transaction

Argenta Silver

27/03/2021 01:23

March 26 (Reuters) - Butte Energy Inc  BENh.V :
    * BUTTE ENERGY INC - LEARNED OF CIRCUMSTANCES WHICH LEAD IT
TO
BELIEVE THAT GENESIS GROUP LIMITED ("GENESIS) HAS BREACHED ITS
AGREEMENT WITH COMPANY
    * BUTTE ENERGY INC - NOT YET FORMALLY COMMUNICATED ITS
POSITION IN
THIS REGARD, AND IS EVALUATING ITS LEGAL OPTIONS
    * BUTTE ENERGY INC - COMPANY HAS RECEIVED A LETTER FROM
GENESIS
WHICH PURPORTS TO CONFIRM COMPANY'S TERMINATION OF AGREEMENT
WITH GENESIS
    * BUTTE ENERGY - FUNDS RECEIVED FROM SUBSCRIBERS TO
SUBSCRIPTION
RECEIPT FINANCING ANNOUNCED ON FEB 12 & FEB 19 WILL BE RETURNED
TO SUBSCRIBERS

Source text for Eikon:  ID:nCNWvKDSZa 
Further company coverage:  BENh.V 

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