Brief: Rebel Capital Announces Letter of Intent for Acquisition of a Data Center Property as Qualifying Transaction
May 31 (Reuters) - Rebel Capital Inc RBLp.V :
* REBEL CAPITAL INC. ANNOUNCES LETTER OF INTENT FOR
ACQUISITION OF
A DATA CENTER PROPERTY AS QUALIFYING TRANSACTION
* REBEL CAPITAL- ENTERED NON-BINDING LETTER OF INTENT WITH
CHIEF
COMMERCIAL CONSTRUCTION TO BUY A PROPERTY FOR TOTAL PURCHASE
PRICE OF $32 MILLION
* REBEL CAPITAL-TO COMPLETE BROKERED PRIVATE PLACEMENT OF
SUBSCRIPTION RECEIPTS FOR GROSS PROCEEDS OF ABOUT C$34 MILLION
TO FUND A PORTION OF PURCHASE PRICE
Source text for Eikon: ID:nGNXb7s6xK
Further company coverage: RBLp.V
((Reuters.Briefs@thomsonreuters.com;))
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