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First Andes Silver Ltd. — M&A Activity 2020
Apr 2, 2020
46418_rns_2020-04-01_1d8a9051-1d57-486a-9960-79b24ff2cb6a.pdf
M&A Activity
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YUNTONE CAPITAL CORP. TERMINATES BUSINESS COMBINATION AGREEMENT WITH GROWX GLOBAL CORP.
Vancouver, British Columbia – April 1, 2020 – Yuntone Capital Corp. (“ Yuntone ”) (TSXV: YTC.H) announces that it has terminated its business combination agreement with Grow Global Corp whereby Yuntone intended to acquire all of the issued and outstanding shares of GrowX (the “Transaction”). The Transaction was terminated as GrowX failed to satisfy the closing conditions by November 30, 2019. Yuntone is currently listed on the NEX Board of the TSX Venture Exchange.
Forward Looking Information
Information set forth in this news release contains forward-looking statements. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Yuntone cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Yuntone’s control. Such factors include, among other things: risks and uncertainties relating to Yuntone’s ability to identify, evaluate and complete a Qualified Transaction. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Yuntone undertakes no obligation to publicly update or revise forward-looking information.
For further information, please contact:
Yuntone Capital Corp. Gunther Roehlig, CEO. 604-617-5421
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.