Brief: Sol Global And Goldstream Minerals Announce Proposed Reverse Takeover By Canncure Investments

SOL Global Investments

31/05/2019 02:16

May 30 (Reuters) - Sol Global Investments Corp  SOL.CD :
    * SOL GLOBAL AND GOLDSTREAM MINERALS ANNOUNCE PROPOSED
REVERSE
TAKEOVER BY CANNCURE INVESTMENTS
    * SOL GLOBAL INVESTMENTS- CO TO SPIN OUT ITS MULTI-STATE
OPERATOR
TO MAXIMIZE SHAREHOLDER VALUE AND ENABLE CANNCURE'S GROWTH WITH
PURE PLAY USA STRATEGY
    * PROPOSED TRANSACTION WILL NOT BE COMPLETED WHILE
GOLDSTREAM IS
LISTED ON NEX BOARD OF TSX VENTURE EXCHANGE
    * SOL GLOBAL INVESTMENTS-ENTITY RESULTING FROM PROPOSED DEAL
TO
CONTINUE CARRY ON BUSINESS OF CANNCURE AS MULTI-STATE VERTICALLY
INTEGRATED CANNABIS CO
    * SOL GLOBAL INVESTMENTS -PROPOSED DEAL TO BE STRUCTURED AS
AMALGAMATION, ARRANGEMENT, TAKEOVER BID, SHARE PURCHASE OR OTHER
SIMILAR FORM ACCEPTABLE TO GOLDSTREAMM CANNCURE
    * SOL GLOBAL- DEAL WILL BE STRUCTURED AS AMALGAMATION,
ARRANGEMENT, TAKEOVER BID, SHARE PURCHASE OR OTHER SIMILAR FORM
MUTUALLY ACCEPTABLE TO COS
    * SOL GLOBAL- COMMON SHARES OF COMPANY WILL REMAIN HALTED
UNTIL
ALL NECESSARY FILINGS HAVE BEEN ACCEPTED BY APPLICABLE
REGULATORY AUTHORITIES
    * SOL GLOBAL - HOLDERS OF COMMON SHARES OF CANNCURE WILL
RECEIVE
SHARES OF RESULTING ISSUER IN EXCHANGE FOR CANNCURE SHARES ON
1:1 EXCHANGE RATIO

Source text for Eikon:  ID:nCNWHMSCba 
Further company coverage:  SOL.CD 

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