October 31, 2016 / 5:01 PM / a year ago

BRIEF-Nobelium Tech says to buy Viziya for purchase price of $21.1 mln

Oct 31 (Reuters) - Nobelium Tech Corp :

* Nobelium Tech Corp announces proposed qualifying transaction

* Nobelium Tech Corp says entered into a letter of intent to purchase all of issued and outstanding shares of Viziya Corporation

* Nobelium intends to raise up to $35 million CDN in a brokered equity and debt financing

* Will buy all of outstanding shares of Viziya for a purchase price of $21.1 million plus contingent consideration of up to $12.9 million USD

* Nobelium will pay purchase price on closing by way of $20.4 million cash, issue common shares of nobelium representing $710,000 USD Source text for Eikon: Further company coverage:

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