MCW ENERGY GROUP LIMITED ("MCW") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: January 16, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Joint Venture Agreement, made as of November 11, 2016 (the "Agreement"), between the Company, Recruiter.com, Inc. ("RCOM") and Advance Media Solutions- operating the website Oilprice.com ("OP"), whereby the Company, RCOM and OP will form a Joint Venture Company ("NewCo") to provide internet-based job placement and career services to an increasingly skilled and specialized energy sector.
Under the term of the Agreement, the Company will earn a 25% interest in NewCo through the issuance of 2,500,000 common shares.
For further details, please refer to the Company's news releases dated November 30, 2016 and December 7, 2016. ________________________________________
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