Brief: REMO ANNOUNCES PROPOSED REVERSE TAKE OVER WITH CHAKANA COPPER

Chakana Copper

06/10/2017 16:26

Oct 6 (Reuters) - Remo Resources Inc  RER.V : 
    * REMO ANNOUNCES PROPOSED REVERSE TAKE OVER WITH CHAKANA 
COPPER CORP 
    * SIGNED AMALGAMATION AGREEMENT WITH CHAKANA COPPER WHEREBY 
CO TO ACQUIRE ALL SHARES OF CHAKANA IN EXCHANGE FOR COMMON 
SHARES OF REMO 
    * UNDER DEAL TERMS, CHAKANA SHAREHOLDERS TO RECEIVE 1 
POST-CONSOLIDATED REMO SHARE FOR EACH CHAKANA SHARE HELD AT 
$0.50 PER REMO SHARE 
 
Source text for Eikon:  ID:nCCNW88WTa  
Further company coverage:  RER.V  
 
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