Brazos Abandons Epinex Merger Transaction
February 03 2010 - 8:00PM
Business Wire
Brazos International Exploration, Inc. (OTCBB: BRZL) (“Brazos”)
today announced that it has been unable to effect a plan of merger
with Epinex Diagnostics, Inc. due to the parties' failure to reach
a definitive agreement.
Brazos is now focused on identifying alternative business
opportunities. The search will not be limited to any particular
industry, but will consider each prospective opportunity on its own
merits.
Brazos’ common shares are quoted on the OTCBB under the ticker
symbol “BRZL”.
Forward Looking Statements
A number of statements contained in this press release are
forward-looking statements. A safe-harbor provision may not be
applicable to the forward-looking statements made in this press
release. These forward-looking statements involve a number of risks
and uncertainties, including the sufficiency of existing capital
resources, uncertainties related to the development of its business
plan, and Brazos’ ability to secure sources of financing sufficient
to attract suitable business opportunities. The actual results that
Brazos may achieve could differ materially from any forward-looking
statements due to such risks and uncertainties. Brazos encourages
the public to read the information provided here in conjunction
with its most recent filings on Form 10-K and Form 10-Q. Brazos’
public filings may be viewed at www.sec.gov.
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