Brief: Nobelium Tech says to buy Viziya for purchase price of $21.1 mln

FUTR

31/10/2016 16:53

Oct 31 (Reuters) - Nobelium Tech Corp  NBLp.V : 
    * Nobelium Tech Corp announces proposed qualifying 
transaction 
    * Nobelium Tech Corp says entered into a letter of intent to 
purchase all of issued and outstanding shares of Viziya 
Corporation 
    * Nobelium intends to raise up to $35 million CDN in a 
brokered equity and debt financing 
    * Will buy all of outstanding shares of Viziya for a 
purchase price of $21.1 million plus contingent consideration of 
up to $12.9 million USD 
    * Nobelium will pay purchase price on closing by way of 
$20.4 million cash, issue common shares of nobelium representing 
$710,000 USD 
 
Source text for Eikon:  ID:nCNWcPBZya  
Further company coverage:  NBLp.V  
 
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