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BRIEF-Anterra signs MOU with AddChance Holdings through unit whereby AddChance will buy 70 pct interest in Anterra

Published 2015-08-10, 07:49 p/m
© Reuters.  BRIEF-Anterra signs MOU with AddChance Holdings through unit whereby AddChance will buy 70 pct interest in Anterra
AEa
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Aug 10 (Reuters) - Anterra Energy Inc AEa.V :
* Announces proposed financing arrangement
* Signed MOU with AddChance Holdings Limited through unit whereby AddChance will acquire 70 percent interest in Anterra
* Under deal terms, co to issue from treasury 250 million class A shares to addchance at $0.04 per share for total cash proceeds of $10 million
* Says there can be no assurance that Anterra will enter into a definitive agreement with AddChance
* Source text for Eikon ID:nCCN4qdtck
* Further company coverage AEa.V

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