Sama Resources, Section Rouge Media enter into reverse take-over deal

Industry:    2016-07-08

Sama Resources Inc

* And Section Rouge Media Inc. Enter into reverse takeover transaction to form new graphite exploration and development company

* Section will acquire 100% of shares of SRG in consideration of 20 million common shares of section

* Deemed value per share is CDN$0.10, for a total purchase price of cdn$2 million Source text for Eikon: Further company coverage:

 http://www.reuters.com/article/idUSFWN19S06H
print
Source: