InvestorsHub Logo
Followers 2
Posts 621
Boards Moderated 0
Alias Born 01/13/2020

Re: None

Thursday, 04/02/2020 8:44:26 AM

Thursday, April 02, 2020 8:44:26 AM

Post# of 2916
Purchase Consideration

As consideration for the Acquisition, IMC has issued to the former shareholders of Thane (the "Vendors") an aggregate of $2-million CAD worth of common shares in the capital of IMC, at a deemed price of $0.38 per common share, for a total of 5,263,158 IMC shares (the "IMC Shares"). The IMC Shares will be escrowed and released over a 36-month period.

$IMIMF