Leonovus Terminates its Acquisition LOI with PureColo

Jun 19, 2020

OTTAWA, June 19, 2020 (GLOBE NEWSWIRE) -- Leonovus Inc. (“Leonovus” or the “Company”) (TSXV: LTV) today announced that given the current economic environment, it was unable to secure financing to purchase the shares of PureColo Inc. and, effective June 18, 2020, has terminated the Letter of Intent (the “LOI”) between the parties originally announced on March 5, 2020.

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