Brief: Cematrix Corp Announces Letter Of Intent For Proposed Acquisition Of Mixonsite USA

CEMATRIX

26/02/2018 12:55

Feb 26 (Reuters) - Cematrix Corp  CVX.V : 
    * CEMATRIX CORPORATION ANNOUNCES LETTER OF INTENT FOR 
PROPOSED 
ACQUISITION OF MIXONSITE USA INC. 
    * CEMATRIX CORP - CURRENTLY ANTICIPATED THAT ACQUISITION 
WILL 
OCCUR AS A SHARE SALE 
    * CEMATRIX CORP - CONSIDERATION PAID FOR MOS SHARES SHALL 
APPROXIMATELY BE $5 MILLION AS WELL AS PAYMENT OF EARN-OUT 
    * CEMATRIX -  ON CLOSING OF DEAL, OWNER OF MOS, ED WEINER, 
WHO 
WILL BECOME A SIGNIFICANT SHAREHOLDER OF CO, HAS AGREED TO 
BECOME A DIRECTOR OF CO 
 
Source text for Eikon:  ID:nGNX3QBvp2  
Further company coverage:  CVX.V  
 
 ((Reuters.Briefs@thomsonreuters.com;))