May 11 (Reuters) - Entrec Corp ENT.TO
* Independent 3rd party appraisals assigned a fair market
value of approximately $5.5 million to Highmark equipment fleet
acquired by Entrec
* Consideration paid consisted of issuance of 1.6 million
shares of Entrec; and $3.5 million in cash (less a holdback of
$0.2 million)
* Entrec Corporation acquires business and assets of
Highmark Crane
Source text for Eikon: ID:nMKWJD2HJa
Further company coverage: ENT.TO
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