AMEX : CURE
-$3.97 (-3.42%)
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Biocure Technology Inc. enters into exclusive Letter Agreement to acquire Glorious Success Limited in Reverse Takeover Transaction
VANCOUVER, British Columbia - TheNewswire - June 22 , 2026 -- Biocure Technology Inc. (“CURE” or the “Company”) (CSE: CURE) announces that it has entered into a binding letter agreement dated June 22, 2026 with Glorious Success Limited. (“ GSL ”) whereby the Company will acquire all of the issued and outstanding securities of GSL (the “ Transaction ”). The Transaction will be a business combination completed by way of a share exchange, share purchase, amalgamation, arrangement, takeover bid, or other similar form of transaction. Upon the successful completion of the proposed Transaction, it is anticipated that the Company will carry on the business of GSL (the “ Resulting Issuer ”). The Transaction constitutes a ‘reverse takeover' of the Company and is an arm's length transaction. Upon completion of the Transaction, it is expected that GSL will become a wholly owned subsidiary of the Company. thenewswire.com - 2026-06-22 21:40:00 |