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Black Pearl Holdings, LLC grants Westbridge Energy Corp option to merge


Wednesday, 27 Nov 2013 08:30am EST 

Westbridge Energy Corp:Says it has entered into an option agreement with Black Pearl Holdings, LLC (BPH).Says BPH has granted WEB the option to acquire 100% of the assets or shares of BPH in exchange for WEB issuing 100% of its current issued and outstanding shares to BPH or its shareholders.Says option has been granted for a period of 180 days, commencing on and subject to the closing of the private placement announced on Nov. 5.Says the Option Agreement allows WEB to move forward with closing the Private Placement in order to launch its initial work programs to secure production in the near term. 

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0.19
0.015 +8.57%
28 Aug 2014