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Mart Resources declares amending agreement


Published Jul 28, 2015
Mart Resources, Inc.

Mart Resources, Inc. says that Midwestern and Mart have jointly agreed, pursuant to the terms of a second amending agreement (the "Second Amending Agreement"), to further amend the terms of the arrangement agreement dated March 15, 2015, as amended by the amending agreement dated June 15, 2015 (the "Arrangement Agreement"), in order to facilitate completion of the Arrangement.

Under the terms of the Second Amending Agreement, Midwestern now has until August 26, 2015 to complete the transaction, unless as otherwise agreed in writing between Midwestern and Mart. The Second Amending Agreement also grants Midwestern an extension until August 19, 2015 for the completion of a financing by Midwestern required by it to complete the transaction (the "Midwestern Financing").

Tags: Mart Resources




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