Trophy Resources, Inc. Signs Letter of Intent for a Reverse Merger with Jiangsu Donghua Textile Co. Ltd
Alpharetta, Georgia--(Newsfile Corp. - September 10, 2018) - Trophy Resources, Inc. (OTC Pink: TRSI) today announced that it has signed a non-binding letter of intent (LOI) which contemplates a proposed reverse merger with Jiangsu Donghua Textile Co. Ltd a privately held company.Under the terms of the LOI, Jiangsu Donghua Textile Co. Ltd would acquire Trophy Resources, Inc. pursuant to the contemplated merger exchange agreement. Following the closing of the anticipated merger Jiangsu Donghua...
2018-09-10 10:31 AM EDT