Parana Copper Corporation (CNSX:COPR) agreed to acquire Ultra Invest Canada Inc. from Meris Kott for CAD 1.4 million on December 15, 2017. Under the terms of the transaction, Parana Copper will issue 4 million common shares of Parana Copper from treasury at a deemed price of CAD 0.25 per share. The transaction is subject to the approval of the Canadian Securities Exchange. The Transaction has been unanimously approved by the Board of Directors of Parana Copper Corporation.