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Aumento Capital VI Corporation Files Filing Statement for its Qualifying Transaction with CryptoStar Inc. and Announces Signing of Definitive Amalgamation Agreement
Toronto, Ontario--(Newsfile Corp. - August 17, 2018) - Aumento Capital VI Corporation (TSXV: A...
About this update from Cryptostar Corp.
[{"type":"text","content":"Aumento Capital VI Corporation Files Filing Statement for its Qualifying Transaction with CryptoStar Inc. and Announces Signing of Definitive Amalgamation AgreementToronto, Ontario--(Newsfile Corp. - August 17, 2018) - Aumento Capital VI Corporation (TSXV: AUO.P) (\"ACC\" or the \"Corporation\"), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the \"TSXV\"), is pleased to announce that it has received conditional approval from the TSXV for the closing of its Qualifying Transaction, as defined under TSXV Policy 2.4 - Capital Pool Companies (the \"Transaction\"), previously announced in its press release dated December 22, 2017, and the Corporation has filed its filing statement dated August 17, 2018 in connection with the Transaction (the \"Filing Statement\"). The Filing Statement is available under the Corporation's profile on SEDAR at www.sedar.com.In connection with the Transaction, ACC, CrypoStar Inc. (\"CryptoStar\") and 2626694 Ontario Ltd. (\"Aumento Subco\"), a wholly-owned subsidiary of the Corporation, have entered into a definitive amalgamation agreement (the \"Definitive Agreement\") whereby ACC and CryptoStar will merge by way of 3-corner amalgamation between ACC, CryptoStar, and Aumento Subco. Trading in the common shares of the Corporation will remain halted pending further filings with the TSXV. The common shares of the Corporation will resume trading under the symbol \"CSTR\" following publication of the Final Exchange Bulletin by the TSXV in respect of the closing of the Transaction. Assuming all conditions for closing are satisfied, the Corporation and CryptoStar expect to close the Transaction on or about September 6, 2018. A copy of the Definitive Agreement will be filed and made available on the Corporation's profile on SEDAR at www.sedar.com.About CryptoStarCryptoStar is one of the world's largest Cryptocurrency mining operations with Data Centres located in the USA, Canada and Iceland. CryptoStar is currently dedicated to further expansion into low cost energy regions in North America and around the globe.Further InformationThe completion of the Transaction is subject to a number of conditions, including but not limited to receipt of all required regulatory approvals, including final TSXV acceptance and the satisfaction of other customary closing conditions.Investors are caution...