Feb 26 (Reuters) - Western Troy Capital Resources Inc WRY.V :
* WESTERN TROY ANNOUNCES LETTER OF INTENT WITH CULTIVATION TECHNOLOGIES, INC. OF IRVINE, CALIFORNIA FOR RTO & SETS AGM DATE
* WESTERN TROY CAPITAL RESOURCES - ENTERED LOI WITH CULTIVATION TECHNOLOGIES TO COMPLETE AN ARM'S LENGTH REVERSE TAKEOVER TRANSACTION
* WESTERN TROY CAPITAL RESOURCES - CO, CTI INTEND TO COMPLETE BUSINESS COMBINATION THAT WILL RESULT IN CTI BECOMING WHOLLY-OWNED UNIT OF CO
* WESTERN TROY - RTO WILL RESULT IN EACH OUTSTANDING CTI SHARE BEING EXCHANGED FOR ONE RESULTING ISSUER SHARE, ALL OUTSTANDING WARRANTS, OPTIONS OF CTI
* WESTERN TROY CAPITAL RESOURCES - RESULTING ISSUER SHALL UNDERGO NAME CHANGE TO SCARAB CO ("SCARAB")
* WESTERN TROY - UPON COMPLETION, CURRENT OFFICERS, DIRECTORS OF CO SHALL RESIGN, CO WILL HAVE RIGHT TO NOMINATE 1 MEMBER TO RESULTING ISSUER'S BOARD