|Bid||0.1000 x 0|
|Ask||0.1000 x 0|
|Day's Range||0.0900 - 0.1000|
|52 Week Range||0.0700 - 0.1600|
|Beta (3Y Monthly)||3.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 28, 2019 - Aug 31, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
VANCOUVER , June 18, 2019 /CNW/ - Trueclaim Exploration Inc. (TRM.V) ("Trueclaim") is pleased to announce that, further to its news release of March 15, 2019 , it has entered into a definitive agreement dated June 7, 2019 (the "Agreement") among Trueclaim, 1205619 B .C. Ltd. ("Subco") (a wholly owned subsidiary of Trueclaim incorporated for the purposes of completing the Transaction (as defined below)) and New Wave Esports Corp. (formerly New Wave Holdings Corp.) ("New Wave Esports"), an esports and competitive gaming investment company, incorporated under the laws of British Columbia . Pursuant to the Agreement, Trueclaim has agreed to acquire all the shares of New Wave Esports (the "New Wave Esports Shares") by way of a three-cornered amalgamation (the "Transaction") between Trueclaim, New Wave Esports and Subco under the Business Corporations Act ( British Columbia ).
Trueclaim Exploration Inc. (TRM.V) (“Trueclaim” or the “Company”) today announced that it has entered into a binding letter of intent (the “LOI”) effective March 8, 2019 with New Wave Holdings Corp. (“New Wave”), an arm’s length privately-held corporation, to acquire a 100% interest in New Wave via a business combination transaction that would constitute a reverse take-over of Trueclaim (the “Transaction”). The Transaction contemplates the de-listing for trading of the common shares of Trueclaim (the “Trueclaim Shares”) from the TSX Venture Exchange (the “TSXV”) and the intended listing for trading of the shares (the “Resulting Issuer Shares”) of the resulting issuer (the “Resulting Issuer”) on the Canadian Securities Exchange (the “CSE”).