December 28, 2016 / 3:35 AM / in 9 months

BRIEF-Capstream announces joint venture with True Incube, True Incube to invest C$10 million in Capstream

Dec 27 (Reuters) - Capstream Ventures Inc :

* Capstream announces establishment of joint venture with True Incube, True Incube C$10 million investment in Capstream & provides a business update

* Says joint venture will operate as a newly incorporated Thai company proposed to be named “True Axion Games LTD”

* Capstream - Capstream will issue 20 million common shares at a price of C$0.50 per share

* Says capital contribution to True Axion Games will be a total of approximately USD$5 million Source text for Eikon: Further company coverage:

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