Cresco Labs Inc (CRLBF)

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BRIEF-Randsburg International Announces Proposed Reverse Takeover By Cresco Labs
12:13 PM ET, 10/10/2018 - Reuters
Oct 10 (Reuters) - Randsburg International Gold Corp :

* RANDSBURG INTERNATIONAL GOLD CORP. ANNOUNCES PROPOSED REVERSE TAKEOVER BY CRESCO LABS, LLC

* RANDSBURG INTERNATIONAL GOLD CORP - ENTERED INTO BINDING LETTER AGREEMENT WITH CHICAGO-BASED CANNABIS CO CRESCO LABS, LLC

* RANDSBURG INTERNATIONAL GOLD - WILL BE REQUIRED TO CHANGE ITS NAME TO CRESCO LABS INC. OR SUCH OTHER NAME ACCEPTABLE TO REGULATORY AUTHORITIES

* RANDSBURG INTERNATIONAL GOLD - LETTER AGREEMENT OUTLINES PROPOSED TERMS & CONDITIONS UNDER WHICH CO & CRESCO WILL EFFECT BUSINESS COMBINATION

* RANDSBURG INTERNATIONAL GOLD CORP - TO REPLACE ALL DIRECTORS AND OFFICERS OF COMPANY ON CLOSING OF PROPOSED TRANSACTION WITH NOMINEES OF CRESCO

* RANDSBURG INTERNATIONAL GOLD - CO WILL BE REQUIRED TO CONSOLIDATE SHARES SUCH THAT SHAREHOLDERS RETAIN AGGREGATE OF C$2.2 MILLION IN RESULTING ISSUER SHARES Source text for Eikon: Further company coverage: