Reuters logo
BRIEF-Top Strike Resources says entered LoI with Phytopharma International Ltd
February 6, 2017 / 2:13 PM / in 10 months

BRIEF-Top Strike Resources says entered LoI with Phytopharma International Ltd

Feb 6 (Reuters) - Top Strike Resources Corp

* Top Strike Resources Corp - announce that it has entered into a letter of intent dated February 1, 2017 with Phytopharma International Ltd

* Top Strike Resources - will pay $40 million pursuant to transaction payable by way of 320 million common shares of top strike at c$0.125 per Top Strike share

* Top Strike - upon completion of transaction, assuming gross proceeds of C$10 million on financing, co shareholders will own about 3.9 pct equity of entity 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