LATEST FIRM TRANSACTION
December 05, 2014
Niagara Ventures Corporation (“NVC”), a capital pool company listed on the TSX Venture Exchange (the “TSXV”), completed the acquisition (the “Transaction”) of all of the issued and outstanding common shares of Blu-Dot Beverage Company Inc. (“Blu-Dot”). As a result of the Transaction, Blu-Dot became a wholly-owned subsidiary of NVC. The Transaction constituted the “Qualifying Transaction” of NVC pursuant to the policies of the TSXV.
The Transaction was completed pursuant to the terms and conditions of a share purchase agreement dated November 24, 2014 entered into between NVC and the shareholders of Blu-Dot. Blu-Dot is a corporation engaged in the development, production, distribution and sale of “better-for-you” ready-to-drink beverage products in support of a healthy lifestyle. The current product portfolio of Blu-Dot includes a line of all natural “Protein Teas” currently available in five flavours: Orange Pineapple, Blueberry Acai, Apple Pear, Honey Lemon and Cranberry Pomegranate.
Wildeboer Dellelce LLP acted for NVC in connection with the Qualifying Transaction with a team that included James Brown and Michael Rennie (corporate/securities).