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Pedro Resources Ltd. entered a non-binding term sheet to purchase all assets of Enercube Switchgear Systems Inc. and PowerHaz Energy Mobile Solutions Inc., subsidiaries of CellCube Energy Storage Systems Inc., for $1.75 million in cash and securities.
“Pedro intends to purchase all of the assets of Enercube Switchgear Systems Inc. and PowerHaz Energy Mobile Solutions Inc., subsidiaries of CellCube.”lelezard.com
Summarized from public sources; check the original articles before acting on it.