Home | Business News | Browse by Publication | P | PR Newswire

Consolidated Mercantile Incorporated and Genterra Inc. Announce Modification to Share Exchange on Proposed Amalgamation.

Publication: PR Newswire
Publication Date: 02-APR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TORONTO, April 2 /PRNewswire-FirstCall/ -- Consolidated Mercantile Incorporated: ("CMI") (TSX: "CMC"; OTC: "CSLMF.PK") and Genterra Inc. ("Genterra") (TSX-V: "GIC") announced today that their respective boards of directors (the "Boards") have approved a modification to the share exchange ratios to be applied in connection with the proposed amalgamation of the two companies (the "Amalgamation").

Based upon the advice of independent valuation experts, it had initially been proposed that the common shares of CMI would be exchanged for common shares of the amalgamated company ("Amalco") on the basis of 3.6...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from PR Newswire
PennyStockMoneyTrain.com Issues Technical Trade Alerts On Market Mover..., April 02, 2009
Minnesota Grocers Association Encourages Customers to 'Add Green to Yo..., April 02, 2009
Wayne County Community College District (WCCCD) to Present 'The Musica..., April 02, 2009
The Combine Nation Launches Brand to Unify Athletic Combines and Pro D..., April 02, 2009
TorreyPines Therapeutics Receives Notice of Non-Compliance with Nasdaq..., April 02, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.