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DXStorm and Clic.net join forces forming the largest all-Canadian e-com provider

Wednesday 5 May 2004 19:06 CET | News

DXStorm.com has entered into an Letter of Intent (LOI) to purchase the outstanding shares of Clic.net, a Montreal, P.Q., based corporation.

According to this letter, DXStorm will issue 1,200,000 shares and 1,300,000 warrants for the purchase of all outstanding shares of Clic.net. Clic.net is a leading E-Commerce Service Provider and the largest direct competitor of DXStorm. The transaction is subject to completion of due diligence, board and regulatory approvals, and compliance with all applicable securities laws.


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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce