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NexGold Mining — M&A Activity 2020
Jun 22, 2020
46341_rns_2020-06-22_af8b0935-78ea-4e21-a9e0-9d802147fb53.pdf
M&A Activity
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**HIRE
Technologies & RSI International Systems Mutually Terminate Transaction to Combine**
Toronto, Ontario, June 22, 2020 – HIRE Technologies Inc. (TSX-‐V: HIRE) ("HIRE") and RSI International Systems Inc. (NEX: RSY.H) ("RSI") have mutually agreed to terminate their agreement to combine or amalgamate, as announced in a press release dated February 21, 2020.
Neither party must pay the other a termination fee because of the mutual decision to terminate the agreement.
**About
RSI International Systems**
RSI International Systems Inc. sold its only business asset, RoomKeyPMS, in early 2019. The Company is now seeking to use the net sale proceeds to invest in a new business.
**About
HIRE Technologies**
HIRE is focused on the acquisition of information technology, staffing, and HR consulting firms. We provide our partners with meaningful cross-‐selling opportunities, access to leading technology, and a centralized back-‐office system to support growth.
For further information, please contact:
HIRE Technologies Inc. Simon Dealy, Chief Executive Officer Phone: (647) 868-‐9611 Email: [email protected] Web: hire.company
RSI International Systems Inc. Adam Ho, CEO & Director Phone: (604) 329 1009 Email: [email protected]
Neither the TSXV nor it's Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this press release.