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Kingsman agreements to acquire Contagious, Telos

2014-09-22 16:11 ET - Acquisition

The TSX Venture Exchange has accepted for filing Kingsman Resources Inc.'s reverse takeover, which includes the acquisitions of Contagious Sports Ltd. and Telos Entertainment Inc., in consideration of the issuance of 22,733,771 postconsolidated shares for the Contagious acquisition and 17.5 million postconsolidated shares for the Telos acquisition.

A finder's fee payable to Grand Rock Capital Inc. in the amount of 1,875,000 postconsolidated shares is applicable.

The exchange has been advised that the above transactions, approved by shareholders on Aug. 1, 2014, have been completed.

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