08:08:50 EDT Sun 20 May 2018
Enter Symbol
or Name

Gravis Energy Corp
Symbol C : GVE
Shares Issued 39,129,960
Close 2017-02-17 C$ 0.005
Recent Sedar Documents

Gravis merger lands in finder's fee dispute

2017-04-21 10:21 ET - Street Wire

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 Mike Caswell

Gravis Energy Corp.'s merger agreement with Biocurepharm Corp. is only weeks old, but it has already attracted some controversy. Former Vancouver broker Stephen Toban has filed a lawsuit in the Supreme Court of British Columbia seeking a $419,887 (U.S.) fee as part of the deal. He claims to have arranged part of the transaction, but says that he did not receive an agreed-upon payment.

The lawsuit from Mr. Toban comes almost a month after Gravis reported that it had signed an agreement to merge with Biocurepharm, a Korean pharmaceutical company. The deal will have Gravis change its business from mining and roll back 1:7. The merger has not yet closed.

When Gravis announced the transaction it made no mention of Mr. Toban, but he says that he had a part in the deal. He has set out his claims in a lawsuit filed at the Vancouver courthouse on April 18, 2017. He filed the suit himself, without the benefit of a lawyer. The defendants are a private entity called Columbia Capital Inc. and its chairman, Jai Woo Lee.

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

© 2018 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