QualityStocksNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Amends Certain Terms of Proposed Change of Business Transaction
Icon Exploration Inc. (TSX.V: IEX.H) this morning announced that it has agreed to amend certain terms of its proposed change of business transaction previously announced on November 7, 2018. According to the update and under the terms of an amended Share Exchange Agreement ("SEA"), Icon has agreed to immediately consolidate its share capital on a 1.25:1 basis (1.25 old for 1 new) prior to completion of its acquisition of all of the securities of City View Green (“CVG”). At closing, the entities will complete a business combination by way of share exchange between Icon and all CVG shareholders, whereby CVG…