Brief: Dragonfly Provides Update On Reverse Take-Over Transaction

Black Swan Graphene

11/11/2019 15:24

Nov 11 (Reuters) - Dragonfly Capital Corp  DRCh.V :
    * DRAGONFLY PROVIDES UPDATE ON REVERSE TAKE-OVER TRANSACTION
    * CO BELIEVES IT IS IN BEST INTEREST OF ITS SHAREHOLDERS TO
NOT
PROCEED WITH TRANSACTION
    * CO'S SHARES WILL RESUME TRADING AT A DATE TO BE DETERMINED
BY
TSXV
    * CO IS CONTINUING TO EXPLORE NEW TARGET COMPANIES TO
ACQUIRE FOR
ITS "QUALIFYING TRANSACTION"

Source text for Eikon:  ID:nGNX776sNh 
Further company coverage:  DRCh.V 

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