The TSX Venture Exchange has accepted for filing documentation pursuant to the share purchase agreement between VRX Worldwide Inc. and 1008851 B.C. Ltd., an arm's-length party, whereby the company will sell to the purchaser all of the issued and outstanding shares of VRX Studios Inc., a wholly owned subsidiary of the company. In consideration, the purchaser will pay a cash consideration of $3-million.
There are no insiders.
For further information, please refer to the company's press releases dated Aug. 25, 2014, and Oct. 1, 2014.
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