Further to its news release dated December 23, 2020, 9 Capital Corp. and Churchill Diamond Corporation are pleased to announce that they have entered into a definitive business combination agreement which outlines the terms and conditions pursuant to which the parties will complete the proposed business combination. The Proposed Transaction will result in a reverse take-over of the Company by Churchill and will constitute [...]
9 Capital Corp. announces that it has entered into a binding agreement dated December 23, 2020 with Churchill Diamond Corp., an arm’s length, Ontario based mineral exploration company which currently holds three mineral exploration projects in Canada, to effect a business combination of the two companies. The Proposed Transaction will be a reverse takeover of the Company by Churchill and its shareholders.
9 Capital Corp. announces that it will not be proceeding with its proposed qualifying transaction with Renew, Youthful Living Ltd, and that the letter agreement dated November 6, 2020 between the Company and Renew has been terminated. The Company will continue to evaluate and review alternative acquisition opportunities with a view to completing its Qualifying Transaction.
Western Troy Capital Resources announces that further to its press release of December 5, 2019, the proposed reverse takeover transaction with Churchill Diamond Corporation has been terminated in accordance with the provisions of the letter of intent dated December 4, 2019 between the Company and Churchill. As a result of unfavorable market conditions, Churchill was unable to complete the concurrent financing necessary to [...]
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