Brief: New Silkroutes Group Enters Into A Binding Memorandum Of Agreement With Ontario Inc
24/05/2022 11:33
May 24 (Reuters) - New Silkroutes Group Ltd NEWS.SI :
* ENTERED INTO A BINDING MEMORANDUM OF AGREEMENT WITH
ONTARIO INC
* PURSUANT TO MOA, ALL OF RELEVANT DEBTS WILL BE CAPITALISED
THROUGH ALLOTMENT AND ISSUANCE OF SHARES IN CO TO HOLDER OF
RELEVANT DEBTS
* ONTARIO AGREED TO ACQUIRE ALL RIGHTS AND INTERESTS IN
AMOUNTS
OWED BY INTERNATIONAL ENERGY GROUP
* ONTARIO ALSO AGREED TO ACQUIRE ALL RIGHTS AND INTERESTS IN
AMOUNTS OWED BY TXZ TANKERS
Source text for Eikon: ID:nSN6d3pSz
Further company coverage: NEWS.SI
((Reuters.Briefs@thomsonreuters.com;))
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