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Novo19 Capital Corp. Announces Signing of Definitive Agreement with Nobel Resources Corp.
Novo19 Capital Corp. (
Novo19 ), an unlisted reporting issuer in British Columbia and Alberta, is pleased to announce it has entered an amalgamation agreement dated January 12, 2021 (the
Definitive Agreement ) with Nobel Resources Corp. (
Nobel ), a private resource company incorporated under the laws of the Province of Ontario.
Pursuant to the Definitive Agreement, Novo19 and Nobel have agreed to complete a three-cornered amalgamation (the
Amalgamation ) pursuant to which Novo19 intends to acquire all of the issued and outstanding common shares of Nobel (
Nobel Shares ) in exchange for the issuance of common shares of Novo19 (