Live Breaking News & Updates on Aurex Energy

Stay updated with breaking news from Aurex energy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Hansco Capital Corp. Announces Termination of Agreement Respecting Qualifying Transaction

Hansco Capital Corp. Announces Termination of Agreement Respecting Qualifying 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.

United Kingdom , British Columbia , Bob Hans , Robert Quinn , Paris Morfopoulos , Aurex Energy Corp , Desert Strike Resources Us Inc , Transaction For The Company , British Columbia Newsfile Corp , Hansco Capital Corp , Venture Exchange , Capital Corp , Share Purchase Agreement , Aurex Energy , Qualifying Transaction , Raymond Marks , Exchange Policy ,

Hansco Capital Corp. Announces Proposed Qualifying Transaction


Hansco Capital Corp.
(TSXV: HCO.P) ( Hansco or the Company ) is pleased to announce that it has entered into a non-binding letter of intent (the LOI ) dated May 3, 2021 with Aurex Energy Corp. ( Aurex , an Alberta corporation) respecting a proposed transaction (the Transaction ) pursuant to which Hansco will acquire 100% of the issued and outstanding common shares of Desert Strike Resources (US) Inc. ( DSRI , a Nevada corporation). DSRI holds a 70% right, title and interest in and to the Cook Property (the Property ) located in Humboldt County, Nevada, subject to a 2.5% net smelter royalty interest (the NSR ). Under the LOI, Hansco and Aurex have agreed to act in good faith to draft, negotiate and execute a definitive share purchase agreement (the Definitive Agreement ) respecting the Transaction, which will supersede the LOI. ....

United States , United Kingdom , British Columbia , Gary Billingsley Aurex , Paris Morfopoulos , Gary Billingsley , Aurex Energy Corp , Venture Exchange The , Exchange Of Hansco , British Columbia Newsfile Corp , Desert Strike Resources Us Inc , Exchange Requirements , Arm Length Party , Venture Exchange Inc , Hansco Capital Corp , Venture Exchange , Exchange Of Aurex , Capital Corp , Aurex Energy , Desert Strike Resources , Cook Property , Humboldt County , Exchange Policy , Property Purchase Agreement , Definitive Agreement , Private Placement ,