Business
Wavefire.com Inc. Announces Agreement for the Acquisition of Assets
Wavefire.com Inc. Announces Agreement for the Acquisition of Assets
About this update from Argenta Silver Corp
[{"type":"text","content":"\n\n\n\n Dec. 2, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY\n CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./\n\n\nCALGARY, Dec. 2 /CNW/ - Wavefire.com Inc. (the "Corporation") (TSXV: "WAF") is pleased to announce that it has entered into a\n purchase and sale agreement dated December 2, 2010 (the "Agreement") with Sand Hills Energy Inc. ("Sand Hills"), whereby the Corporation has agreed to acquire, subject to regulatory\n approval, substantially all of the assets (the "Assets") of Sand Hills, including all of Sand Hills oil and natural gas\n interests (the "Acquisition").\n\n\nSand Hills is a private corporation incorporated under the provisions of\n the Business Corporations Act (Alberta) with its registered and head office in Calgary, Alberta. Sand\n Hills is wholly owned by Mr. Victor Redekop, who is also the Chairman,\n a director and a controlling shareholder of the Corporation.\n\n\nDescription of the Assets\n\n\nThe Corporation intends to acquire from Sand Hills approximately 10,240\n acres of crown leases located in Central Alberta, geological data and\n computer and office equipment. On November 29, 2010 Sand Hills\n commenced drilling a well on one of these lands, the drilling\n expenditures of which will be assumed by the Corporation.\n\n\nThe Proposed Acquisitio...