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Message: Premium Enters into Binding Letter Agreement
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It does seem like the company's assets are being sold off.

The sale of 24.9% PEM USA for $200,000. (PEM USA is not a publically traded company)

If the TSX or the board do not approve the sale tansaction, Premium has to pay $400,000 and 4,200,000 post consolidation share warrants for the the return of the 24.9% interest in PEM USA.

Read the news release, I may be reading this wrong.

I would like to know the name of the person buying the 24.9% interest in PEMUSA

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