HTE -

YHD - YHD Delayed Price. Currency in USD
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  • CNW Group

    Hoist Capital Corp. Announces Qualifying Transaction with BTC Corporation Holdings Pty Ltd.

    CALGARY , Oct. 15, 2019 /CNW/ - Hoist Capital Corp. (the "Corporation") (TSXV: HTE), a capital pool company under Policy 2.4 (the "CPC Policy") of the TSX Venture Exchange ("Exchange"), is pleased to announce that it has entered into a non-binding Letter of Intent (the "LOI") dated October 11, 2019 with BTC Corporation Holdings Pty Ltd. ("BTC") for the purposes of completing a Qualifying Transaction ("QT") as defined in the CPC Policy. The proposed QT is not a Non-Arm's Length Transaction, as defined in the CPC Policy. The proposed QT is an arm's length transaction, as to the knowledge of the Corporation, no insider, promoter or control person of the Corporation has any material equity ownership or interest in BTC prior to giving effect to the QT.