Petrocapita Income Trust (CNSX:PCE.UN) acquired 79% stake in Crucible Resources Corp. for CAD 0.43 million on May 30, 2016. As a part of transaction, the shares was acquired by issuance of a convertible debenture in the total amount of CAD 0.43 million with a term of 7 years, an interest rate of 6% and convertible into common trust units of Petrocapita on or after December 31, 2017. Also, a special meeting of the shareholders of Crucible will be called on December 21, 2016 to approve an amalgamation of Crucible with a subsidiary of the Trust, which will acquire the balance of the stake. Petrocapita Income Trust (CNSX:PCE.UN) completed the acquisition of 79% stake in Crucible Resources Corp. on May 30, 2016.