Mercator Transport Announces Termination of Agreement with EP Minerals and Departure of a Director
2014年2月4日 - 7:00AM
Access Wire
MONTREAL, QUEBEC, February 3, 2014 -
Mercator Transport Group Corporation ("Mercator Transport" or the
"Corporation") (TSX-V: GMT), announces today that it has received a
notice of termination from EP Minerals, LLP ("EP Minerals"),
terminating the Distribution and Supply Agreement dated December
28, 2007, between one of the Corporations' subsidiaries, 6432328
Canada Inc. ("Canada") and EP Minerals
(the "Agreement").
The Agreement was
terminated by EP Minerals as a result of Canada failing to fulfill
its payment obligations under the terms of the
Agreement.
The Corporation also announces that
Mr. Andre Brosseau has resigned as Director and Chairman of the
Board of Directors for personal reasons.
Mr. Brosseau will however remain as
observer of Board meetings, which will allow the Corporation to
continue to benefit from Mr. Brosseau's business and financial
experience.
About Mercator Transport
Mercator Transport
specializes in air, ocean and ground freight forwarding,
international logistics and distribution. Based in Montreal
(Canada), with offices in Lyon (France) and Buenos Aires
(Argentina), Mercator Transport offers value-added services in
global supply chain management, and designs tailor-made solutions.
Customer intimacy and commitment differentiates Mercator
Transport in its ability to implement customers'
requirements.
Neither TSX Venture Exchange nor its
Regulatory Services Provider (as that term is defined in the
policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
For further
information:
Mr. Robert
Gagnon, Chief Financial Officer
Investor relations
investisseur@corpgmt.com
(514) 738-6464
(TSXV:GMT)
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