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    Cancana Confirms Acceptance of Renegotiated Agreement with Amazon

    Written by Investing News Network
    |
    Jul. 29, 2011 02:59PM PST

    Cancana Resources Corp. (CVE:CNY) announced that new terms for the acquisition of Amazon Resources have been agreed to by shareholders.

    Cancana Resources Corp. (TSXV:CNY) announced that new terms for the acquisition of Amazon Resources have been agreed to by shareholders.

    The press release is quoted as saying:

    This reduction in the number of Cancana common shares issued for this transaction represents a substantial savings and benefit to the shareholders of Cancana as well as providing for much less dilution of the Company’s share capital.

    Click here to read the entire news release.

    tsxv:cny
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