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MetroBridge inks amalgamation deal

Briefs | 05/03/2007 12:43 pm EDT

MetroBridge Networks Corp., a BC-based wireless Internet service provider, is moving forward with plans to become a public company. In a May 2 news release, the company announced that it had signed an amalgamation agreement with Huntingdon Capital Inc. as part of a previously announced reverse takeover. As well, Huntingdon will has filed a preliminary prospectus for the offering of shares which will be led by Canaccord Capital Corp. Jennings Capital Inc. and Wellington West Capital Inc. will also participate. The financing will help MetroBridge follow through on its growth strategy of expanding into more cities in North America and making acquisitions.

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