Wellfield Technologies and LeoNovus execute reverse take-over transaction | 2025-03-11 | Investing News

Date:

  • Wellfield Technologies (TSXV:WFLD) and LeoNovus (TSXV:LTV) announced a reverse take-over transaction pursuant to a definitive agreement
  • This agreement outlines the terms under which LeoNovus will acquire all issued and outstanding common shares of Tradewind Markets Inc.
  • This transaction will result in a “reverse take-over” (RTO) of LeoNovus under TSX Venture Exchange policies.
  • Wellfield Technologies stock (TSXV:WFLD) opened trading at $0.02

Wellfield Technologies (TSXV:WFLD) and LeoNovus (TSXV:LTV) announced a reverse take-over transaction pursuant to a definitive agreement. This agreement outlines the terms under which LeoNovus will acquire all issued and outstanding common shares of Tradewind Markets Inc., a wholly-owned subsidiary of Wellfield, in exchange for 562,500,000 pre-consolidated common shares of LeoNovus (equivalent to 36 million post-consolidation shares). This…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...