Home / Mining Company News Releases (Unreviewed) / Match Capital Resources Corporation Announces Termination of Letter of Intent to Acquire Gulf International Minerals & Energy Group Ltd.

Match Capital Resources Corporation Announces Termination of Letter of Intent to Acquire Gulf International Minerals & Energy Group Ltd.

Toronto, Ontario–(Newsfile Corp. – April 17, 2018) – Match Capital Resources Corporation (TSXV: MHC.H) (“Match“) wishes to announce that the previously announced letter of intent (the “LOI“), with Gulf International Minerals & Energy Group Ltd. (“GIMEG Canada”), a private elder care facilities company, to acquire all the issued and outstanding securities of GIMEG Canada has been terminated.

MATCH CAPITAL RESOURCES CORPORATION
Nadim Wakeam
Director
Telephone: (416) 593-2980

Completion of the Transaction is subject to a number of conditions, including TSXV acceptance. The Transaction cannot close until the required shareholder approvals are obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the disclosure documentation to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of Match should be considered highly speculative.

The TSX Venture Exchange has in no way passed upon the merits of the proposed Transaction and has neither approved or disapproved the contents of this press release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

 

Disclaimer: This is an unedited and minimally reviewed public mining company press release originally published at http://www.newsfilecorp.com/release/34082/Match-Capital-Resources-Corporation-Announces-Termination-of-Letter-of-Intent-to-Acquire-Gulf-International-Minerals-Energy-Group-Ltd.. We have linked to our knowledge base articles from within the content of this release in order to help explain some of the terminology used and provide continuity from previous and related news coverage. You can access more in-depth mining company project reviews on our site, as well a knowledge base of articles on mineral exploration, mining and geology-related topics.

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