1308402 B.C Ltd.: CloudBreak Discovery Corp. Closes Imperial X Transaction
CloudBreak or the
Company ) is pleased to announce that its transaction with Imperial X Plc (
Imperial X ) (see the Company s press releases dated September 2, 2020, January 8, 2021, and February 17, 2021) has now closed. Under the transaction, CloudBreak amalgamated with Howson Ventures Inc. (
Howson ), Cabox Gold Corp. (
Numberco Sub ) to form 1308402 B.C. Ltd. (
Amalco ), which is a subsidiary of Imperial X (the
Amalgamation ). In conjunction with closing, Imperial X also acquired certain assets in Anglo African Minerals Plc (
AAM ) and changed its name to Cloudbreak Discovery Plc .
As consideration under the proposed transaction, Imperial X issued an aggregate of approximately 149,568,471 Imperial X shares pro rata to the CloudBreak shareholders. Accordingly, each CloudBreak shareholder received approximately 4.6365 Imperial X shares in exchange for each CloudBreak share held. Following
CloudBreak Discovery Corp. Closes Imperial X Transaction
CloudBreak or the
Company ) is pleased to announce that its transaction with Imperial X Plc (
Imperial X ) (see the Company s press releases dated September 2, 2020, January 8, 2021, and February 17, 2021) has now closed. Under the transaction, CloudBreak amalgamated with Howson Ventures Inc. (
Howson ), Cabox Gold Corp. (
Numberco Sub ) to form 1308402 B.C. Ltd. (
Amalco ), which is a subsidiary of Imperial X (the
Amalgamation ). In conjunction with closing, Imperial X also acquired certain assets in Anglo African Minerals Plc (
AAM ) and changed its name to Cloudbreak Discovery Plc .
As consideration under the proposed transaction, Imperial X issued an aggregate of approximately 149,568,471 Imperial X shares pro rata to the CloudBreak shareholders. Accordingly, each CloudBreak shareholder received approximately 4.6365 Imperial X shares in exchange for each CloudBreak share held. Following closing, as well
Imperial X Plc - Proposed acquisitions & equity drawdown agreement update
PR Newswire
London, February 17
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE UK MARKET ABUSE REGULATION (EU) 596/2014, AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 AND OTHER IMPLEMENTING MEASURES ( UK MAR ).
CloudBreak Discovery Corp. Executes Agreements for Imperial X Transaction
CloudBreak or the
Company ) is pleased to announce that it has now executed definitive agreements respecting its proposed transaction with Imperial X Plc (
Imperial X ) (see the Company s press releases dated September 2, 2020 and January 8, 2021). Under the transaction, CloudBreak will amalgamate with Howson Ventures Inc. (
Howson ), Cabox Gold Corp. (
Numberco Sub ) to form an amalgamated company (
Amalco ) that will be a subsidiary of Imperial X (the
Amalgamation ).
Acquisition Agreement ) dated February 16, 2021 with Imperial X, 1278925 B.C. Ltd. (
Numberco ) and the individual incorporator of Numberco (the
Incorporator ) and an amalgamation agreement (the
Amalgamation Agreement ) dated February 16, 2021 with Howson, Cabox, Numberco and Numberco Sub. Under the Acquisition Agreement, Imperial X has agreed to acquire all of the issued and outstanding CloudBreak shares. The Amalgamat