Windfire and Rosebud Agree Not to Merge
Windfire Capital Corp. (TSXV:WIF) announced that it has mutually agreed with Rosebud Productions Inc. not to extend a definitive agreement dated December 11, 2014. The agreement would have seen the two companies merge.
As quoted in the press release:
Windfire will revert back to trading on the TSX Venture Exchange as soon as possible in line with its current issuer status on the TSX-V. The company is continuing to search for new business development opportunities.
The company also reports that Robert Hall has resigned as a director of the company. The company thanks him for his contributions and wishes him well in his future endeavours.