Tosca Resources Corp. Signs Binding Share Exchange Agreement
Vancouver, British Columbia (FSCwire) - Tosca Resources Corp. (CSE:TSQ, FSE:TQ4, OTCBB:TSMNF) (“the Company”, or “Tosca”) announces that it has entered into a binding Share Exchange Agreement to acquire all of the issued and outstanding common shares of Hatch Interactive Technologies Corp. (the “Transaction”). The Transaction will constitute a “fundamental change” for the Company pursuant to the policies of the Canadian Securities Exchange (the “CSE”) and is subject to the approval of the CSE.
It is currently expected that the Company will obtain shareholder approval of the Transaction by way of a shareholder consent resolution. It is expected that trading in the Company’s securities will remain halted pending completion of the Transaction.
On Behalf of the Board of Directors,
Per:
“Ron Shenton”
President and CEO
DISCLAIMER
The CSE has not reviewed and does not accept responsibility for the adequacy and accuracy of this information. This news release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual outcomes may differ materially due to any number of factors and uncertainties, many of which are beyond Infinity’s control. Some of these risks and uncertainties may be described in Infinity’s corporate filings (posted at www.sedar.com).
Infinity has no intention or obligation to update or revise any forward looking statements due to new information or events.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/ToscaMay72015.pdfSource: Tosca Resources Corp. (CSE:TSQ, FWB:TQ4) http://www.toscamining.com/s/Home.asp
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