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BRIEF-Niagara ventures announces going private transaction

Published 2017-02-21, 05:26 p/m
© Reuters.  BRIEF-Niagara ventures announces going private transaction
NIA
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Feb 21 (Reuters) - Niagara Ventures Corp NIA.V

* Niagara Ventures announces going private transaction

* Its board of directors has unanimously approved a proposed going private transaction

* Outstanding shares of Co will be consolidated on basis of one post-consolidated share for each 3.98 million pre-consolidated shares

* One St.Thomas will be only shareholder of corporation to receive a whole common share, on a post-consolidation basis

* Each holder of outstanding shares, other than One St. Thomas, will get $0.015 in cash for each share held Source text for Eikon: ID:nCNWKXY0ma Further company coverage: NIA.V

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