10:48:36 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Shell Summary for June 3, 2016

2016-06-03 21:05 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

The TSX Venture Exchange levitated up 15.38 points to 693.71 Friday, ending the week up 25.17 points. (Gold shot up $33.10 today.) Only six weeks after listing, Chris Dobbin's capital pool shell, Nova Leap Health Corp. (NLH), today requested a halt and announced its qualifying transaction plan. (The TSX-V gives shells two years to do this.) Nova Leap will acquire Northern Family Home Care LLC for $265,000 (U.S.), net of long-term debt. The shell does not say much else about the transaction for now, but it promises to provide more details once it signs a definitive deal. Nova Leap had a working capital of $418,303 on Jan. 31, 2016.

The shell's target is a company in Littleton, N.H., that provides non-medical home-care and transportation services in New Hampshire, as well as neighbouring Vermont. It is owned by husband and wife Edward and Jessica Taveras, who are both licensed nursing assistants. They launched Northern Family Home Care in August, 2012.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2024 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.


Comments for this item are closed