Get 40% Off
🤑 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

BRIEF-Corazon signs LOI to acquire Nanosphere Health Sciences

Published 2017-01-05, 04:04 p/m
© Reuters.  BRIEF-Corazon signs LOI to acquire Nanosphere Health Sciences
NSHSF
-

Jan 5 (Reuters) - Corazon Gold Corp CGW.V

* Corazon signs LOI to acquire 100 pct of Nanosphere Health Sciences and Innovative Cannabinoid Delivery System

* Corazon gold corp - LOI contemplates a three-way amalgamation, pursuant to which nanosphere will become a wholly-owned subsidiary of Corazon

* Corazon Gold Corp - shareholders of nanosphere will receive 40 million Corazon common shares on closing

* Corazon Gold - upon completion of transaction, board of directors will be reconstituted with four nominees of nanosphere and two nominees of Corazon

* Corazon Gold Corp - in connection with transaction, will also complete financing to raise gross proceeds of up to $9 million and not less than $7 mln

* Corazon Gold - in connection with deal, Corazon to also complete financing to raise gross proceeds of $9 million terms of which have not yet been finalized Source text for Eikon: ID:nCCN6SG7L Further company coverage: CGW.V

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.