19:44:42 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Cogitore Resources Inc
Symbol WOO
Shares Issued 83,273,365
Close 2015-01-28 C$ 0.01
Market Cap C$ 832,734
Recent Sedar Documents

Cogitore completes exploration asset sale to Yorbeau

2015-01-30 14:56 ET - News Release

Also News Release (C-YRB) Yorbeau Resources Inc

Mr. Brian Howlett of Cogitore reports

COGITORE RESOURCES COMPLETES SALE OF EXPLORATION ASSETS

Further to its news releases dated Nov. 27, 2014, and Dec. 22, 2014, Cogitore Resources Inc. has closed the sale of substantially all of its exploration properties and physical exploration assets in the provinces of Quebec and Ontario to Yorbeau Resources Inc. in consideration for 25 million common shares in the capital stock of Yorbeau.

"Closing the transaction completes our strategic initiative of exiting the junior mineral exploration industry," said Brian Howlett, president and chief executive officer of Cogitore. "Moving forward, we are selectively evaluating opportunities in various sectors and look forward to redeploying our capital into assets that we hope will generate significant shareholder value."

Transfer to NEX

As a result of the closing of the transaction, in accordance with TSX Venture Exchange Policy 2.5, the company has not maintained the requirements for a TSX-V Tier 2 company. Therefore, effective Feb. 3, 2015, the company's listing will transfer to NEX, and the trading symbol for the company will change from WOO to WOO.H. There is no change in the company's name, no change in its Cusip number and no consolidation of capital at this time. The company anticipates affecting both the previously announced one-for-10 common share consolidation and the name change to CR Capital Corp. in early 2015.

We seek Safe Harbor.

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