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Canso Select Opportunities closes sale of assets to Skunkworks Investment

Jun 01, 2020 - SNL Financial

The company sold certain assets to Skunkworks Investment for a total cash consideration of $1.8 million. Canso Select Opportunities intends to use the gross proceeds from the transaction to pursue several investment opportunities.

Richmond Hill, Ontario-based Canso Select Opportunities Corp. closed its sale of certain assets to Skunkworks Investment Corp. for a total cash consideration of $1.8 million.

The assets included 112,668 series 4 class A preferred shares of Hubba Inc., which...