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Vancouver, British Columbia–(Newsfile Corp. – May 11, 2021) – eShippers Management Ltd. (TSXV: EPX.H) (“
eShippers“) wishes to announce it has entered into a letter agreement dated effective May 10, 2021 (the “
Agreement“) with ISON Mining Pte Ltd. (“
ISON“) for an arm’s length reverse take-over of eShippers (the “
RTO“) through eShippers acquiring all of the outstanding shares of ISON from the shareholders of ISON in exchange for common shares of eShippers (the “
Common Shares“).
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About ISON
ISON is a private company existing under the laws of Singapore. ISON is the 100% owner of Mineracão ISON do Brazil Ltda. which has acquisition agreements and is in the process of transferring 100% of the mineral rights for the Novo Mundo and Buracão gold projects. ISON has also signed a Heads of Terms and expects to sign a farm-in agreement to acquire up to 90% of the Ouro Fino gold project. The Novo Mundo gold project is compr
eShippers Management Ltd Enters into Letter Agreement for Reverse Take-over Transaction streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.