DV Resources announces that, due to certain conditions precedent to its proposed business combination transaction with DeepGreen Resources, which was originally announced by DV on May 30, 2017, remaining unfulfilled, and by mutual agreement, DeepGreen and DV have allowed the amalgamation agreement to lapse as of October 31, 2017. DeepGreen has advised DV that it has determined to raise capital privately and postpone its [...]
DV Resources is pleased to announce that it has entered into an arms-length binding letter agreement dated May 16, 2017 with DeepGreen Resources Inc. providing for the acquisition by the Company of all the shares of DeepGreen pursuant to a three cornered amalgamation. Trading in the common shares of the Company has been halted in accordance with the policies of the TSX Venture Exchange (the “Exchange”) and will remain [...]
DV Resources is pleased to announce that Peter Leitch, Geir Liland and Larry Copeland have been appointed to the Company's board of directors and the Company has appointed Geir Liland as Chief Executive Officer and Melinda Coghill as Chief Financial Officer and Corporate Secretary. Carl Jonsson, Theo Sanidas, and Thomas Wharton have resigned from the board and the board would like to thank them for their services. The [...]