Brief: Update regarding proposed transaction between Smaart Holdings, Adira Energy
10/08/2017 15:22
Aug 10 (Reuters) - Adira Energy Ltd ADL.V
* Update regarding proposed transaction between Smaart
Holdings Inc. and Adira Energy Ltd.
* Adira, Target and shareholders of Target have entered into
a revised letter of intent dated august 9, 2017
* Pursuant to LOI Target and co will complete a transaction
in which it is intended that resulting corporation will be
listed on CSE
* Anticipated that trading in Adira's common shares will
remain halted during this time
Source text for Eikon: ID:nCCNzjNRca
Further company coverage: ADL.V
((Bangalore.newsroom@thomsonreuters.com;))