Iron Tank Resources and Spriza are pleased to announce that they have entered into a letter of intent on August 3, 2015, with respect to a combination of both companies whereby Iron Tank will acquire all of the assets of Spriza. Under the terms of the Agreement, Iron Tank will issue 55,000,000 common shares, at a deemed price of $0.05 for a deemed value of $2,750,000 as full purchase price of all the operating assets
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