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Provider: Reuters Investment Profile
$20.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00

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VVC Exploration Corp Signs Letter Of Intent For Acquisition Of Camex Mining Development


Friday, 12 Apr 2013 09:26am EDT 

VVC Exploration Corp announced that it has entered into a non-binding letter of intent dated April 12, 2013 with Camex Mining Development Group Inc. Pursuant to the Letter of Intent, the Company intends to acquire all of the issued and outstanding shares of Camex, in exchange for the issuance of 59,900,000 common shares of VVC at closing, subject to adjustments, if any, as mutually agreed upon based on due diligence. In the Letter of Intent, the parties have agreed to, among other things, an exclusivity period within which to negotiate and conclude a definitive share purchase agreement, in effect until the expiration or termination of the Letter of Intent in accordance with terms. 

Company Quote

0.045
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19 Aug 2014