News Column

GOLD CREST MINES INC FILES (8-K) Disclosing Other Events

August 18, 2014



ITEM 8.01 OTHER EVENTS

On August 15, 2014, we entered into a non-binding letter of intent with the shareholders of common stock of Amazing Energy, Inc., a Nevada corporation ("AEI") to acquire all of the issued and outstanding shares of common stock AEI, subject to the execution of a definitive agreement. AEI is engaged in the business of oil and gas exploration, development and production and has leases covering approximately 70,000 acres in the Permian Basin in west Texas. The foregoing transaction contemplates a reverse stock-split of our common stock on the basis of approximately 1 for 40.


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Source: Edgar Glimpses


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