ATMANCO INC. ("ATW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an arm's length agreement, for the acquisition of all the issued and outstanding shares of 9136-2897 Quebec Inc. ("VoxTel") and Informationtelcharge.com (".Com"), in consideration of a total purchase price of $3,000,000 including $1,450,000 cash at closing, the assumption of a $200,000 line of credit, $600,000 as a balance of sale payable over five years starting six months after closing, and the issuance at closing of 5,612,514 common shares and 5,101,771 subscription receipts convertible into common shares having an aggregate deemed value of $750,000. Each subscription receipt is convertible into a common share, without payment of any further consideration, if following that conversion the holder would hold (directly or indirectly) less than 10% or more of the Company's common shares, including those held by joint actors.
For further information, please refer to the Company's press releases dated June 9, September 27 and October 6, 2016.
ATMANCO INC. (" ATW ")
TYPE DE BULLETIN : Convention d'achat de propriete, d'actif ou d'actions
DATE DU BULLETIN : Le 19 octobre 2016
Societe du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepte le depot de documents relativement a l'acquisition de la totalite des actions emises et en circulation de 9136-2897 Quebec Inc. ("VoxTel") et Informationtelcharge.com (".Com") pour un prix d'achat total de 3 000 000 $. Ce prix d'achat sera payable au moyen d'un paiement en especes de 1 450 000 $ a la cloture, 200 000 $ par la prise en charge d'une marge de credit d'un solde de prix de vente de 600 000 $ payable sur cinq ans commencant six mois apres la cloture et de l'emission a la cloture de 5 612 514 actions ordinaires et 5 101 771 recus de souscription convertibles en actions ordinaires d'un montant total repute de 750 000 $. Chaque recu de souscription est convertible en une action ordinaire, sans contrepartie additionnelle, conditionnel a ce que suite a la conversion, le detenteur, directement ou indirectement, possede moins de 10% des actions ordinaires de la societe.
Pour de plus amples renseignements, veuillez-vous referer aux communiques de presse de la societe dates des 9 juin, 27 septembre et 6 octobre 2016.
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