Western Troy Capital Resources Inc. is pleased to announce that it intends to complete a non-brokered private placement of units at a price of $0.015 per Unit for aggregate gross proceeds of up to $500,000 . Each Unit shall be comprised of one common share in the capital of the Company and one Common Share purchase warrant , each Warrant entitling the holder thereof to acquire on additional Common Share at price of $0.05 [...]
Western Troy Capital Resources Inc. announces that further to its news release of December 3, 2019, the Company has revised the terms of its previously announced debt settlement with certain arm’s length and non-arm’s length creditors of the Company. Pursuant to the revised debt settlement terms, the Company settled an aggregate of $72,650.44 through the issuance of 1,453,008 common shares at a price of $0.05 per Common [...]
Western Troy Capital Resources announces that further to its press release of December 5, 2019, the proposed reverse takeover transaction with Churchill Diamond Corporation has been terminated in accordance with the provisions of the letter of intent dated December 4, 2019 between the Company and Churchill. As a result of unfavorable market conditions, Churchill was unable to complete the concurrent financing necessary to [...]
Western Troy Capital Resources Inc. announces that it has entered into an arm’s length binding letter of intent dated December 4, 2019 with Churchill Diamond Corporation , a private company which currently holds two major diamond projects, outlining the proposed terms and conditions pursuant to which the Company and Churchill have agreed to merge their respective businesses resulting in a reverse takeover of the [...]
Western Troy Capital Resources Inc. is pleased to announce that it has agreed to settle an aggregate of $87,100.44 of indebtedness owed to certain arm’s length and non-arm’s length creditors through the issuance of 1,742,008 common shares of the Company at a price of $0.05 per Common Share . All Common Shares issued in connection with the Debt Settlement are subject to a statutory hold period of four months [...]
Western Troy Capital Resources Inc. is pleased to announce that it intends to complete a private placement of special warrants at a price of $0.025 per Special Warrant for gross proceeds of up to $500,000 . Each Special Warrant is exchangeable, for no additional consideration, into one-fourth of a common share of the Company. The Special Warrants shall be automatically exchanged for Common Shares upon satisfaction of the [...]
Western Troy Capital Resources announces that the TSX Venture Exchange will lift the trading halt on Western Troy’s stock on October 24, 2019. Trading in the stock will also move to the NEX exchange. The lifting of the trading halt follows the termination of the Letter of Intent dated February 20, 2019, between Western Troy and Cultivation Technologies, Inc. , as previously disclosed in Western Troy’s press [...]
Western Troy Capital Resources announces the termination of the Letter of Intent dated February 20, 2019 between Western Troy and Cultivation Technologies, Inc. , as previously disclosed in Western Troy’s press release dated February 26, 2019. As previously announced in February, Western Troy and CTI had intended to complete a reverse takeover transaction pursuant to the LOI that would have resulted in CTI becoming [...]
Western Troy Capital Resources announced today that it is postponing the previously announced schedule for its regular Annual General Meeting of shareholders. When a firm date is set for the AGM, Western Troy will announce the new schedule. Western Troy’s CEO, Rex Loesby, commented, “As outlined in our press release of February 26, 2019, we are in the process of working to complete a reverse takeover [...]
Western Troy Capital Resources is pleased to announce that Western Troy and Cultivation Technologies, Inc. have entered into a Letter of Intent dated February 20, 2019, to complete an arm’s length Reverse Takeover Transaction. The shares of Western Troy have been halted pending completion of the RTO. Western Troy and CTI intend to complete a business combination that will result in CTI becoming a wholly-owned [...]
Western Troy Capital Resources is pleased to announce that it has filed articles of amendment to consolidate its common shares on a five for one basis . A majority of the shareholders of Western Troy approved the share consolidation at the annual and special meeting of Western Troy held on May 3, 2017. The Consolidation will reduce the number of outstanding Common Shares from 40,914,970 to 8,182,994. No fractional Common [...]
Western Troy Capital Resources announced today that the securities of Western Troy will resume trading effective December 11, 2018. A trading halt has been in place since June 29, 2018 as a result of the announcement of the proposed reverse takeover transaction with MASGLAS Peru S.A.C. As announced on December 4, the RTO transaction was terminated. The TSX-V has informed Western Troy that is does not currently meet [...]