Brief: Columbus Energy Signs Term Sheet On Investment

Columbus Energy SA

13/01/2021 14:43

Jan 13 (Reuters) - Columbus Energy SA  CLC.WA :
    * SIGNS TERM SHEET WITH NEXITY GLOBAL AND COMPANY THAT USES
BLOCKCHAIN TECHNOLOGY FOR PURPOSES OF ENERGY
    * UNDER TERM SHEET PARTIES AGREED THAT COLUMBUS OR NEXITY
WILL
ULTIMATELY HOLD 51.46% STAKE IN COMPANY USING BLOCKCHAIN
TECHNOLOGY
    * PARTIES AGREED THAT DUE DILIGENCE WILL BE CONDUCTED TILL
JAN 30
AND INVESTMENT DEAL WILL BE SIGNED TILL JAN 31

Source text for Eikon:  ID:nEMPnb9xa 
Further company coverage:  CLC.WA 

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