July 12 (Reuters) - Revelstoke Equity Inc REQh.V :
* . ANNOUNCES UPDATE TO PROPOSED BUSINESS COMBINATION WITH
ZONETAIL INC.
* REVELSTOKE EQUITY- REVELSTOKE AND ZONETAIL INC ARE
EXPECTED TO
COMBINE THEIR BUSINESS OPERATIONS
* AS A CONDITION TO TRANSACTION, ZONETAIL IS REQUIRED TO
COMPLETE
A PRIVATE PLACEMENT FINANCING
* COMBINED ENTITY WILL CONTINUE TO CARRY ON BUSINESS OF
ZONETAIL
* PRIVATE PLACEMENT IS AN OFFERING OF SUBSCRIPTION RECEIPTS
OF
ZONETAIL AT A PRICE OF $0.18 PER SUBSCRIPTION RECEIPT
Source text for Eikon: ID:nCNWfV5pta
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