Brief: Avante Logixx Board Reviewing Early Warning Report, Provides Update On Strategic Review

Avante

05/12/2017 14:45

Dec 5 (Reuters) - Avante Logixx Inc  XX.V : 
    * AVANTE LOGIXX INC. BOARD REVIEWING EARLY WARNING REPORT 
AND 
PROVIDES UPDATE ON STRATEGIC REVIEW PROCESS 
    * SAYS TO DATE, CO EXECUTED CONFIDENTIALITY AGREEMENTS WITH 
14 
PARTIES SHOWING INTEREST IN GETTING INFORMATION ABOUT AVANTE FOR 
POSSIBLE DEAL 
    * SAYS INTERESTED PARTIES INVITED TO REVIEW INFORMATION 
ABOUT CO 
IN A DATA ROOM; BOARD BELIEVES THAT THERE IS "SIGNIFICANT 
INTEREST" IN CO 
    * SAYS BOARD HAS RECEIVED EARLY WARNING REPORT DISCLOSING 
CRAIG 
CAMPBELL ACQUIRED COMMON SHARES REPRESENTING 17% OF SHARES 
OUTSTANDING OF CO 
 
Source text for Eikon:  ID:nGNXOJSQLa  
Further company coverage:  XX.V  
 
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