Our friends at Grenville are providing an innovative financing solution for companies with limited access to cost effective debt and for whom equity financing may be too dilutive. Grenville Announcement 11/26/2013
Troon Ventures Ltd. (NEX:TVN.H) (“Troon” or the “Company”) is pleased to announce that it has entered into a binding letter agreement (the “Agreement”) dated November 25, 2013 with Grenville Strategic Royalty Corp.(“Grenville”), which describes the terms of a proposed business combination between Troon and Grenville (the “Transaction”). Upon completion, the Transaction will constitute a reverse take-over of Troon by Grenville, with the resulting company to be renamed Grenville Strategic Royalty Corp. (the “Resulting Issuer”). Troon and Grenville are at arm’s length to each other.
For more information and the full Troon Press Release, please see http://www.troonventures.com/s/News_Releases.asp?ReportID=612660
For more information on Grenville, please see http://grenvillestrategicresources.com/