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Article: Outlook Resources Inc. Executes Binding Agreement to Acquire ERTH Solutions Inc.
- Article from:
- Marketwire Canada
- Article date:
- November 10, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Nov 10, 2009 (Marketwire via COMTEX) -- Outlook Resources Inc. ("Outlook" or the "Company") (TSX VENTURE:OLR), is pleased to announce that, further to its Press Release dated September 22, 2009, it has signed a binding agreement (the "Definitive Agreement") with ERTH Solutions, Inc. ("ERTH Solutions") of Longmont, Colorado to acquire all of the ownership interest of ERTH Solutions.
The transaction will be structured as a three-cornered amalgamation with ERTH Solutions merging with a newly created wholly-owned subsidiary of Outlook. Outlook will acquire 100% of ERTH Solutions by paying US$150,000 to ERTH Solutions and issuing to the shareholders ...