Highbury Projects (TSE:IFSS) has released an update.
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Interfield Global Software Inc. has announced intentions to merge with JRL Energy Inc. through a share exchange deal, aiming to create a new holding entity listed on Cboe Canada. The proposed merger is contingent upon a successful private placement by JRL to raise up to $15 million, with the merger’s final structure subject to various customary conditions and regulatory approvals. This strategic move could signal a transformative growth phase for both companies in the energy sector.
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