Fireswirl announces acquisition of common shares of AMZON (HK) Limited
VANCOUVER, March 24, 2017 - Fireswirl Technologies Inc. (TSXV: FSW) ("Fireswirl" or the "Company") is pleased to announce that it has completed the acquisition of 40% of the outstanding common shares ("Shares") of AMZON (HK) Limited ("AMZON") from the sole shareholder (the "Vendor") in consideration for an aggregate purchase price of HK$4.8 million (approximately C$800,000), pursuant to its previously announced share purchase agreement dated February 3, 2017 (the "Agreement"). In accordance with the Agreement, the Company expects to acquire an aggregate of 60% of the outstanding Shares from the Vendor.
The Company has also appointed two (2) out of three (3) directors to the board of directors of AMZON.
- Category: High Tech
- Published: 24 March 2017
- Written by Editor