ELECTRIC ROYALTIES signs LOI with Rebel Capital
Rebel Capital Inc. (“Rebel” or the “Corporation”) (TSXV: RBL.P), a capital pool company, is pleased to announces Letter of Intent for Acquisition of Private Royalty Company as Qualifying Transaction; Including C$5 Million Equity Private Placement
NOVEMBER 27, 2019 VANCOUVER, British Columbia – Rebel Capital Inc. (“Rebel” or the “Corporation”) (TSXV: RBL.P), a capital pool company, is pleased to announce that it has entered into a letter of intent dated November 21, 2019 (the “Letter of Intent”) with Electric Royalties Ltd., a British Columbia company (“Electric Royalties”) pursuant to which Rebel will acquire all of the issued and outstanding shares in the capital of Electric Royalties (the “Proposed Transaction”). The Proposed Transaction is intended to constitute Rebel’s “Qualifying Transaction”, in accordance with TSX Venture Exchange Policy 2.4 – Capital Pool Companies (“Policy 2.4”)