The TSX Venture Exchange has accepted for filing Musgrove Minerals Corp.'s change of business, which includes the following transactions:
amalgamation pursuant to the amalgamation agreement dated May 30, 2016, between Musgrove Minerals Corp. and Rewardstream Solutions Inc. to create an amalgamated entity (Amalco); the exchange ratio will be 0.5 share of Amalco for each company share held and 1.56 shares of Amalco for each share held of Rewardstream. In addition, the company issued 950,000 shares as finders' fees and issued 1,685,452 shares in connection with the conversion of a note previously issued by Rewardstream.
The exchange has been advised that the above transaction, approved by shareholders on June 24, 2016, has been completed.
The company is classified as a technology company.
Capitalization: unlimited number of common shares with no par value, of which
37,787,115 shares are issued and outstanding common shares
Escrowed: 5,999,510 share subject to Tier 2 value escrow
Transfer agent: Computershare Trust Company of Canada
Trading symbol: REW (new)
Cusip No.: 76156V103 (new)
The name of the company has also been changed as follows.
Effective at the opening Thursday Aug. 4, 2016, the common shares of Rewardstream Solutions Inc. will commence trading on TSX Venture Exchange, and the common shares of Musgrove Minerals Corp. will be delisted.
Further information on this transaction is available on the company's SEDAR filing in the information circular dated May 30, 2016, and in news release from April 25, 2016, to July 28, 2016.
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