February 21, 2017 / 10:27 PM / 5 months ago

BRIEF-Niagara ventures announces going private transaction

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Feb 21 (Reuters) - Niagara Ventures Corp

* Niagara Ventures announces going private transaction

* Its board of directors has unanimously approved a proposed going private transaction

* Outstanding shares of Co will be consolidated on basis of one post-consolidated share for each 3.98 million pre-consolidated shares

* One St.Thomas will be only shareholder of corporation to receive a whole common share, on a post-consolidation basis

* Each holder of outstanding shares, other than One St. Thomas, will get $0.015 in cash for each share held Source text for Eikon: Further company coverage:

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