Brief: Rockwealth Resources Says Enters Into Definitive Deal With Realgold Resources
13/09/2019 10:35
Sept 13 (Reuters) - Rockwealth Resources Corp RWR.V :
* . ENTERS INTO DEFINITIVE AGREEMENT WITH REALGOLD RESOURCES
CORP.
* ENTERED INTO A BINDING AMALGAMATION AGREEMENT WITH
REALGOLD
RESOURCES CORP
* AMALGAMATION AGREEMENT PURSUANT TO WHICH COMPANY WILL
ACQUIRE
ALL OF ISSUED AND OUTSTANDING SECURITIES OF REALGOLD
* UPON COMPLETION, TRANSACTION WILL CONSTITUTE AN ARM'S
LENGTH
REVERSE TAKEOVER OF COMPANY BY REALGOLD
* IT IS ANTICIPATED THAT TRADING OF COMPANY'S SHARES WILL
REMAIN
HALTED UNTIL COMPLETION OF TRANSACTION
* UPON COMPLETION OF ARM'S LENGTH REVERSE TAKEOVER OF CO
RESULTING
COMPANY TO BE RENAMED REALGOLD RESOURCES CORP
* EXPECTED THAT EXISTING SHAREHOLDERS OF REALGOLD WILL HOLD
APPROXIMATELY 82% OF COMMON SHARES OF RESULTING ISSUER
Source text for Eikon: ID:nCNWNNSNCa
Further company coverage: RWR.V
((Reuters.Briefs@thomsonreuters.com;))