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Knowlton Capital provides update on proposed reverse take-over with Leni Gas Cuba Limited
Knowlton Capital provides update on proposed reverse take-over with Leni Gas Cuba Limited ...
About this update from Elixxer Ltd.
[{"type":"text","content":"\n\n\n\nKnowlton Capital provides update on proposed reverse take-over with Leni Gas Cuba Limited\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.67em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen2{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prntblns{\nBORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt\n}\n\n\n\n\n\n\nKnowlton Capital provides update on proposed reverse take-over with Leni Gas Cuba Limited\nCanada NewsWire\nMONTREAL, May 27, 2016\n\n\n\nMONTREAL, May 27, 2016 /CNW Telbec/ - Knowlton Capital Inc. (\"Knowlton\") (TSX-V: KWC-H.V) is pleased to provide an update on a proposed reverse take-over (the \"Reverse Take-over\") of Knowlton by Leni Gas Cuba Limited (\"LGC\") (www.lg-cuba.com).  As previously announced, Knowlton entered into a letter of intent dated April 28, 2016 with LGC with respect to the Reverse Take-over, which will constitute a \"Reverse Takeover\" for Knowlton under the policies of the TSX Venture Exchange (\"TSXV\").  LGC was incorporated under the laws of the British Virgin Islands (\"BVI\") on March 3, 2015 as an investment vehicle for the purpose of making investments and/or acquisitions in Cuba.  LGC has its corporate office in London, England and has been listed since November 2015 on the ISDX Growth Market under the stock symbol ISDX:CUBA.  LGC and Knowlton are at arm's-length.\n\nKnowlton, which was incorporated under the laws of Canada, is listed on the NEX board of the TSXV.  Since 2013, Knowlton's main activity has been to identify and evaluate businesses or assets with the aim of completing a transaction to reactivate the company.\n\nProposed Reverse Take-Over\n\nThe Reverse Take-over will involve the acquisition by Knowlton of all of the issued and outstanding shares of LGC from its s...