ECC Diversified Inc.: ECC Diversified Announces Plan of Arrangement
VANCOUVER, BC / ACCESSWIRE / February 3, 2021 / ECC Diversified Inc. (the "Company" or "ECC Diversified"), announces that its Board of Directors has approved, in principle, a strategic reorganization of certain of the Company's assets pursuant to which the Company would spin out a portion of its interest in three of its wholly owned subsidiaries, Nota Bene Ventures Ltd. ("
Nota Bene"), Inglenook Ventures Ltd. ("
Inglenook"), and Mondavi Ventures Ltd. ("
Mondavi"), to its shareholders. ECC Diversified will continue to hold equity interests in each of the subsidiaries, as well as its interest in its wholly-owned subsidiary, CoTerra Labs Inc., and certain equity investments it holds in several publicly traded companies.