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     965  0 Kommentare Amerix Receives Shareholder Approval for Business Combination With Eagle Graphite Corporation and Sets Closing Date - Seite 2

    Pursuant to the TLO Private Placement, TLO anticipates it will invest all of its available cash reserves in the purchase of the TLO Units. It is a term of the LOI that TLO deposit $140,000 into escrow pursuant to the escrow provisions of the LOI which include, among other things, that these escrowed funds will either be released to the Resulting Issuer at closing of the TLO Private Placement or released to TLO if the LOI is terminated prior to closing of the TLO Private Placement.

    The TLO Private Placement will not be completed until certain closing conditions have been satisfied, including:

    1. the completion of the Transaction;

    2. the common shares of the Resulting Issuer being listed for trading on the TSXV;

    3. receipt of conditional approval from TSXV to each of the Resulting Issuer and TLO for TLO's subscription under the TLO Private Placement;

    4. receipt of shareholder approval of TLO for TLO's subscription under the TLO Private Placement; and

    5. the Resulting Issuer and TLO entering into a formal subscription agreement with respect to the TLO Private Placement.

    Closing of the TLO Private Placement is expected to occur in the first quarter of 2015.

    About Amerix

    Amerix Precious Metals Corporation is an Ontario company that has been exploring for precious metals through its wholly-owned operating subsidiary, Mineraçao Vila Porto Rico Ltd., with its principal assets being the Limao Concessions located in Para State, Brazil. The Company's shares trade on the TSXV under the symbol "APM" and on the Frankfurt Stock Exchange under the symbol "NJGN".

    Cautionary Statements

    Disclosure Regarding Forward-Looking Statements: This press release contains certain "Forward-Looking Statements" within the meaning of applicable securities legislation relating to the proposed timing of the closing the Transaction and the resumption of trading of the Resulting Issuer shares. Amerix uses words such as "might", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "forecast" and similar terminology to identify forward looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and information and accordingly, readers should not place undue reliance on such statements and information. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. In evaluating forward-looking statements and information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward looking statements and forward-looking information depending on, among other things, the risks that the parties will not proceed with the the Transaction The statements in this press release are made as of the date of this release. The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company, Eagle, the Resulting Issuer, or their respective securities, or their respective financial or operating results (as applicable).

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    Verfasst von Marketwired
    Amerix Receives Shareholder Approval for Business Combination With Eagle Graphite Corporation and Sets Closing Date - Seite 2 TORONTO, ONTARIO--(Marketwired - Dec. 19, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Amerix Precious Metals Corporation (TSX VENTURE:APM) ("Amerix" or the "Company") is …

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