Mergers & Acquisitions
By The Online Investor Staff, updated Sun., Jan. 29, 5:07 PM
This Slide: #98 of 100 |
Slide #98. AmmPower Corp. — Progressus Clean Technologies Inc.
Acquirer:
AmmPower Corp.
Acquiree:
Progressus Clean Technologies Inc.
Details:
Aberdeen International Inc. ("Aberdeen" or the "Company") (TSX: AAB, F: A8H, OTC:AABVF) is pleased to announce the sale of its Progressus Clean Technologies Inc. ("Progressus") shares to AmmPower Corp. ("AmmPower") as part of AmmPower's acquisition of 50.05% of the issued and outstanding common shares of Progressus, a venture stage green technology company focused on the development of novel hydrogen generation and separation technologies (the "Transaction").
Both companies are privately held or listed on a foreign exchange.