Mesa Exploration Corp.: Mesa Exploration and Embark Health Enter Into Business Combination Agreement
Mesa or the
Company ) and Embark Health Inc. (
Embark ) are pleased to announce that they have entered into a definitive acquisition agreement dated December 10, 2020 (the
Agreement ) pursuant to which Mesa will acquire all of the securities of Embark by way of a three-cornered amalgamation, subject to the terms and conditions of the Agreement (the
Transaction ). Completion of the Transaction is subject to several conditions, including, but not limited to, closing conditions customary to transactions of this nature, receipt of all necessary regulatory approvals, including the TSX Venture Exchange, and receipt of all necessary shareholder approvals. The outside date for the completion of the Transaction is March 31, 2021, subject to a three-month extension if agreed to by the parties. A copy of the Agreement will be made available on Mesa s profile on www.sedar.com.