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Aydon Enters into Share Purchase Agreement with the Delma Group | Delma Group Inc
VANCOUVER, BC July 25, 2017: (CSE: AYD) Aydon Income Properties Inc. ("Aydon" or the "Company") is pleased to announced that it has entered into a Share Purchase Agreement dated July 24th, 2017 (the "Agreement") with the Delma Group (Delma Resorts & Hotels GP Inc., Delma Properties Canada LP, Delma Resorts & Hotels LP, Société En Commandite Bromont I, 9216-3583 Québec Inc.) whereby Aydon will acquire all of the issued and outstanding shares and units of the Delma Group (the "Purchased Securities") for a price of $50,327,000 paid by the issuance of Aydon common shares (the "Proposed Transaction").