Greenway Greenhouse Cannabis Corporation cancelled the acquisition of all of the outstanding shares of Mesa Exploration Corp. in a reverse merger transaction.
Foster Wilson will continue with Mesa Exploration in the capacity of Director but that, effective the closing of the contemplated transaction, all other current Directors and Officers of Mesa Exploration including Joe Chan, Greg French, Brian Kirwin and Larry Kornze would resign. Greenway Greenhouse will be reconstituting its Board prior to the closing of the transaction. As of now the current Directors of Greenway Greenhouse are Jamie D'Alimonte and Carl Mastronardi. The transaction is subject to customary closing conditions including due diligence investigation, consummation of a private placement, completion of an independent greenhouse appraisal, entering into applicable definitive agreements, the acceptance of the acquisition by the TSX Venture Exchange and approval of shareholders of Mesa. The transaction is subject to number of conditions including but not limited to exchange acceptance and if applicable, disinterested shareholder approval. The transaction is also subject to applicable directors and shareholder approvals. The transaction is expected to close by early 2019.
Greenway Greenhouse Cannabis Corporation cancelled the acquisition of all of the outstanding shares of Mesa Exploration Corp. (TSXV:MSA) in a reverse merger transaction on February 13, 2019.