Waterloo acquiring Lowell shares in $29.2M reverse takeover
Feb 26, 2013 | 09:55 AM
| Michael Cowden
Tags
Waterloo Resources,
Lowell Copper,
J. David Lowell,
Marcel de Groot,
David De Witt,
Catherine Mcleod-Seltzer,
mergers,
acquisitions
Ecuador
CHICAGO — Waterloo Resources Ltd. has agreed to buy all outstanding shares of Lowell Copper Inc. in a reverse takeover.
The acquisition of shares will cost approximately C$30 million ($29.2 million), with C$5 million ($4.9 million) of financing available at closing, Waterloo chief executive officer Marcel de Groot told AMM Feb. 25.....
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