Mart Resources confirms payment to depository


(MENAFN- ProactiveInvestors)Mart Resources (TSE:MMT) said on Wednesday it had received confirmation that all of the funds required to be paid by Midwestern Oil & Gas  as part of the Canadian group's takeover have been paid to CST Trust Company as agreed. Mart is currently working to complete all necessary closing arrangements on March 24 being the outside date for the completion of the transaction. Mart shares were up 4.3% at C$0.24.


ProactiveInvestors - N.America

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