Brief: Orletto Capital II Inc Concludes An Agreement In Principle With MiMedia
30/07/2019 14:01
July 30 (Reuters) - Orletto Capital II Inc OLTp.V :
* CONCLUSION OF AN AGREEMENT IN PRINCIPLE WITH RESPECT TO A
QUALIFYING TRANSACTION BETWEEN ORLETTO CAPITAL II INC. AND
MIMEDIA INC.
* ORLETTO CAPITAL II INC - PROPOSES A BUSINESS COMBINATION
WITH
MIMEDIA AT AN EXCHANGE RATIO OF 10% FOR SHAREHOLDERS
* ORLETTO - QUALIFYING TRANSACTION SUBJECT TO COMPLETION OF
CONCURRENT PRIVATE/ PUBLIC PLACEMENT OF A MINIMUM OF $3 MILLION
AND MAXIMUM $12 MILLION
Source text for Eikon: ID:nGNX39wbNL
Further company coverage: OLTp.V
((Reuters.Briefs@thomsonreuters.com;))
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