Evermount Announces Proposed Qualifying Transaction to Acquire Video Commerce Group Ltd.

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Sep 04, 2020
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VANCOUVER, BC / ACCESSWIRE / September 4, 2020 / Evermount Ventures Inc. (TSXV:ETV.H, Financial) ("Evermount"), a capital pool company, announced today that it has entered into a definitive Securities Exchange Agreement dated September 1, 2020, with Video Commerce Group Ltd. ("VCG" d.b.a "OOOOO"), a private company incorporated under the laws of England and Wales, and the shareholder(s) of VCG. The transaction (the "Transaction") as outlined in the Share Exchange Agreement will constitute Evermount's "Qualifying Transaction" pursuant to TSX Venture Exchange ("TSXV") policy 2.4 Capital Pool Companies.