Larose Ventures Ltd.: Larose Ventures Enters Amalgamation Agreement to Acquire 1282454 B.C. Ltd.
Company" or "
Larose"), announces that it has entered into a definitive amalgamation agreement (the "
Amalgamation Agreement") dated effective January 22, 2021, pursuant to which it will amalgamate with 1282454 B.C. Ltd. ("
1282454 BC").
1282454 BC is a private company incorporated under the laws of British Columbia and currently has 2,000,000 common shares issued and outstanding. 1282454 BC has $250,000 in working capital and is actively pursuing a number of investment opportunities. Larose currently has 24,930,500 common shares issued and outstanding and 2,490,000 stock options outstanding.
Pursuant to the terms of the Amalgamation Agreement, Larose and 1282454 BC will amalgamate and continue as one company ("