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Re: checkmate28 post# 34189

Monday, 04/16/2018 9:29:55 AM

Monday, April 16, 2018 9:29:55 AM

Post# of 35776
GWA Terrible news! Explains some of the recent selling which I was unfortunately buying.

Do you have a sense for what those "certain conditions" were that couldn't be satisfied regarding the mill?

Northern Sun and the Company have mutually determined to terminate the previously announced share purchase agreement entered into between the parties, pursuant to which the Company was to acquire a 50% interest in the Redstone Mill and form a joint venture with Northern Sun for its operation (see Gowest news release dated June 16, 2017). Certain conditions precedent to the completion of the transaction have not yet been satisfied and the timing for the satisfaction of such conditions precedent remains uncertain at this time. This termination allows for both Northern Sun and Gowest to re-evaluate their strategic plans.


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