Monday, June 05, 2017 10:03:57 AM
Prior to closing of the Proposed Transaction, the Company will change its name to Micron Waste Technologies Inc., or such other name as agreed by the parties, and will complete a consolidation of the Finore Shares on the basis of one post-consolidated Finore Shares for every two pre-consolidation Finore Shares. Pursuant to the Proposed Transaction, the shareholders of Micron will receive one post-consolidated Finore Share for each Micron Share. No concurrent financing is anticipated to occur in connection with the Proposed Transaction. The Company and Micron have approximately C$5,400,000 in cash at the date of this news release.
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