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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...

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