(via TheNewswire)
The parties made extensive efforts to complete the proposed transaction, however market conditions are such that the proposed transaction could not be completed within a timeframe that met the parties' expectations.
As a result EECC is now actively seeking a business to acquire as its qualifying transaction.
It is expected that the Company's common shares will recommence trading on the
Other Information and Updates
EECC will continue to provide further details in respect of any proposed qualifying transaction, in due course, byway of news releases.
About EECC
EECC is a capital pool company. The Company is engaged in the identification and evaluation of assets or businesses with a view to completing a qualifying transaction.
For further information please contact:
Phone: (604) 805-6600
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Copyright (c) 2020 TheNewswire - All rights reserved., source