Date closed: 10/16/2017
Value: See below
On October 16, 2017, Vertex Resource Group Ltd. (Vertex or the Corporation)(TSX Venture: VTX), formerly Vier Capital Corp. (Vier), completed its previously announced Qualifying Transaction pursuant to the policies of the TSX Venture Exchange. Pursuant to the Qualifying Transaction: (i) Vier acquired all of the issued and outstanding class A common shares of Vertex Resource Group Ltd. (Old Vertex) from the shareholders of Old Vertex in exchange for an aggregate of 85,773,459 common shares of Vier; and (ii) Vier, Old Vertex and a wholly-owned subsidiary of Old Vertex amalgamated to form the Corporation. In addition, an aggregate of 2,197,206 warrants to acquire common shares of the Corporation (Warrants) were issued in exchange for share purchase warrants to acquire class A common shares in the capital of Old Vertex.