March 6, 2018 / 11:16 AM / in 8 months

BRIEF-Focus Ventures Says Proposes To Change Name To "CROPS Inc."

March 6 (Reuters) - Focus Ventures Ltd:

* FOCUS VENTURES ANNOUNCES RE-BRANDING NAME CHANGE, ROLL BACK AND REVISED FINANCING

* FOCUS VENTURES LTD - ‍ PROPOSES TO CHANGE COMPANY’S NAME TO “CROPS INC.” (CERTIFIED REACTIVE ORGANIC PHOSPHATE SUPPLY)​

* FOCUS VENTURES LTD - ‍ WILL NOT BE PROCEEDING WITH ITS PROPOSED PRIVATE PLACEMENT ON TERMS PREVIOUSLY ANNOUNCED ON FEBRUARY 1, 2018​

* FOCUS VENTURES LTD - ‍PROPOSES TO CONTINUE ITS JURISDICTION FROM BRITISH COLUMBIA TO YUKON IN ORDER TO COMPLETE NAME CHANGE​

* FOCUS VENTURES LTD - INTENTION OF MANAGEMENT TO ‍CONSOLIDATE ISSUED COMMON SHARES OF CO ON BASIS OF ONE NEW SHARE FOR EVERY FOUR EXISTING SHARES​

* FOCUS VENTURES LTD - ‍PRICING FOR DEBENTURE FINANCING WILL BE DETERMINED FOLLOWING SHARE CONSOLIDATION​

* FOCUS VENTURES -‍ USE OF PROCEEDS FROM FINANCING INCLUDE REPAYING PORTION OF OUTSTANDING LONG-TERM LOAN OWING TO SPROTT RESOURCE LENDING PARTNERSHIP​

* FOCUS VENTURES LTD - ‍ INTENTION TO ALSO CONDUCT CONVERTIBLE DEBENTURE PRIVATE PLACEMENT FOR PROCEEDS OF $5.0 MILLION Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below