Pedro Resources Announces Transaction With Cellcube Energy Storage Systems Inc. Has Been Terminated

VANCOUVER, British Columbia, Dec. 30, 2019 (GLOBE NEWSWIRE) — Pedro Resources Ltd. (TSXV: PED.H) (the “Company”) wishes to announce that the transaction originally announced on October 2, 2019, where Pedro was to acquire all of the assets of Enercube Switchgear Systems Inc. (“Enercube”) and PowerHaz Energy Mobile Solutions Inc. (“PowerHaz”), from Cellcube Energy Storage Systems Inc., has been terminated. Enercube Switchgear Systems Inc. (“Enercube”) filed for Bankruptcy on December 17, 2019 and as a result the transaction is unable to proceed.
About Pedro Resources Ltd.Pedro Resources Ltd. is a Canadian exploration company listed on the TSX Venture Exchange (symbol PED.H) focused on Technology, vanadium exploration and development.For further information, contact Corporate Communications, at 647-946-2249 or visit the Company’s website at www.pedroresourcesltd.comOn behalf of the Board, Pedro Resources Ltd.Brian Stecyk, Director           Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.This news release may contain forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.