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Canada Iron Inc.: Canada Iron Announces Reverse Takeover Transaction with Humble & Fume and Subcription Receipt Financing
Canada Iron or the
Letter
Agreement ) dated February 23, 2021 with Humble & Fume Inc. (
Humble ) to complete a business combination by way of a transaction that will constitute a reverse takeover of the Company by Humble (the
Transaction ). The resulting issuer from the Transaction (the
Resulting Issuer ) will carry on the current business of Humble. In addition, Canada Iron is pleased to announce that Humble intends to complete a private placement of subscription receipts to raise aggregate gross proceeds of a minimum of $10,000,000 (the
Humble
Description of Humble and its Business ....

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