Inform Resources Corp. Announces Expiration and Termination of Proposed Acquisition of Citadel Led Lighting Inc. ______________________________________________________________________________
Suite 162, 2906 West Broadway Vancouver, BC V6K 2G8
INFORM RESOURCES CORP. ANNOUNCES EXPIRATION AND TERMINATION OF PROPOSED ACQUISITION OF CITADEL LED LIGHTING INC.
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April 25, 2016 TSX-V: IRR
Vancouver, British Columbia – April 25, 2016 – Inform Resources Corp. (“Inform Resources” or the “Company”) (TSX.V:IRR) reports today that it has cancelled the proposed acquisition of Citadel LED Lighting Inc. (“Citadel”) previously announced by the Company on February 15, 2016.
No definitive agreement was reached and both parties have been released from further obligations to pursue other opportunities.
Trading in Inform Resources’ common shares has been halted since the announcement of the letter of intent on February 15, 2016, and is expected to resume on April 27, 2016. Inform Resources will continue to pursue other opportunities to enhance shareholder value.
On behalf of the Board of Directors
Inform Resources CORP.
“Tim Fernback”
Tim Fernback, Chief Executive Officer
For further general information, please contact Tim Fernback at 604-340-3774.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.