Brief: Marching Moose Capital Corp announces definitive agreement with Avidian Gold Inc

Avidian Gold

18/04/2017 21:54

April 18 (Reuters) - Marching Moose Capital Corp  MMCp.V :  
    * Marching Moose Capital Corp announces definitive agreement 
with Avidian Gold Inc and extension to qt deadline 
    * Marching Moose Capital Corp -exchange has, on application 
by co, granted co extension of 24 month period during which it 
is required to complete a qt 
    * Marching Moose Capital Corp - prior to completion of 
transaction, mmcc will complete a share consolidation on a 2 to 
1 basis 
    * Marching Moose Capital-entered into amalgamation 
agreement, together with Avidian Gold and MCCC Amalco with 
respect to business combination of MMCC, Avidian 
    * Marching Moose Capital Corp - Avidian shareholders will 
receive one post-consolidation MMCC share for every 2.17 avidian 
shares currently held 
    * Marching Moose Capital - prior to completion of 
transaction, avidian will complete equity financing of 
subscription receipts between $4.2 million and $5.5 million 
    * Marching Moose Capital Corp - following completion of 
transaction amalgamated company will continue business of 
avidian under name Avidian Gold Inc 
 
Source text for Eikon:  ID:nCCN1s12t7  
Further company coverage:  MMCp.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))