Decisive Dividend Corporation Completes Acquisition of Hawk Machine Works Ltd.

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[{"type":"text","content":"Decisive Dividend Corporation Completes Acquisition of Hawk Machine Works Ltd.(via TheNewswire)\n\n \nKelowna, British Columbia / TheNewswire / June 28, 2018: Decisive Dividend Corporation (TSX-V: DE) (\"Decisive\" or the \"Corporation\"), a growth-oriented acquisition company, is pleased to announce that it has completed its previously announced acquisition (the \"Hawk Acquisition\") of Hawk Machine Works Ltd. (\"Hawk\").\n\n \n \nIn satisfaction of the closing payment of $13,500,000, Decisive made a cash payment of $10,800,000 from the net proceeds of the initial closing of its public offering of common shares earlier today and issued to the vendors an aggregate of 678,392 common shares of Decisive at a deemed price of $3.98 per share, being the volume weighted average trading price of the common shares of Decisive for the sixty trading day period ended June 27, 2018.\n\n \n \nThe purchase price is subject to customary post-closing adjustments for working capital and long-term indebtedness.\n\n \n \nJames Paterson, Chief Executive Officer of Decisive, said:\n\n\n \n\"We are very excited about the Hawk acquisition and welcome their team to the Decisive group. The acquisition adds geographic and industry diversity to our revenue streams, as well as opportunities for growth in new markets. Hawk founder, Duane Klassen, and his team have done a fantastic job building the business and their reputation as a complete turnkey solution for customized machining products.\n\n \n \nHawk's technical expertise and access to customers in the energy industry will help support growth initiatives at both Slimline and Unicast, and Unicast is expected to provide access to new opportunities for Hawk in the cement, aggregate and mining industries.\n\n\n \nHawk is our second completed acquisition this year and demonstrates commitment to our long-term business plan to acquire specialty manufacturing companies, diversify our overall business risk profile and return a steady income stream to our shareholders.\" \n\n \n \nFurther information regarding Hawk and the Hawk Acquisition is set forth in the Corporation's short form prospectus dated June 19, 2018, a copy of which is available on the Corporation's profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com.\n\n \n \n*********************************************\n\n\n \nA...

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