Lucrum Capital completes qualifying transaction with Sheltered Oak Resources
On August 28, 2008, Lucrum Capital Corp., a capital pool company, completed its qualifying transaction with Sheltered Oak Resources Inc. The qualifying transaction was completed by way of a "three cornered" amalgamation among Lucrum, Sheltered Oak and a wholly-owned subsidiary of Lucrum whereby Lucrum issued an aggregate of 10,135,808 common shares to the shareholders of Sheltered Oak.
Sheltered Oak is a junior mineral exploration corporation with its head office located in Oakville, Ontario.
Sheltered Oak was advised in this transaction by Nancy Eastman and Michael Gleeson of Fasken Martineau.