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Revelstoke Equity Inc. Announces Merger Agreement With Zonetail Inc., Conditional Acceptance of Qualifying Transaction and Filing of Filing Statement
Revelstoke Equity Inc. Announces Merger Agreement With Zonetail Inc., Conditional Acceptan...
About this update from Zonetail, Inc.
[{"type":"text","content":"\n\n\n\nRevelstoke Equity Inc. Announces Merger Agreement With Zonetail Inc., Conditional Acceptance of Qualifying Transaction and Filing of Filing Statement\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Nov. 7, 2018\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./\n TORONTO, Nov. 7, 2018 /CNW/ - Revelstoke Equity Inc. (TSXV: REQ.H) (the \"Corporation\" or \"Revelstoke\") is pleased to announce that further to the Corporation's press release dated July 12, 2018 describing a proposed business combination with Zonetail Inc. (\"Zonetail\"), a company which specializes in a mobile technology platform of local mobile content which, using a cloud-based content management system, connects user with their location and surroundings, the Corporation has entered into a definitive merger agreement dated November 5, 2018 (the \"Merger Agreement\") with Zonetail and Revelstoke Subco Inc. (\"Revelstoke Subco\"), a wholly-owned subsidiary of the Corporation. It is expected that the proposed transaction pursuant to the Merger Agreement (the \"Transaction\") will result in a reverse takeover of Revelstoke by Zonetail in accordance with the policies of the TSX Venture Exchange (the \"TSXV\"). Upon completion of the Transaction the combined entity (the \"Resulting Issuer\") will continue to carry on the business of Zonetail. \nThe Corporation is also pleased to announce that it has received conditional approval from the TSXV for the Transaction as the Corporation's \"Qualifying Transaction\", as such term is defined unde...