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: TechAgreements

Abakan To Acquire Interest In Powdermet And Its Advanced Material Technologies

By TechAgreements

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Abakan Inc.?s (OTCQB:ABKIE) management is pleased to announce that it has entered into a stock purchase agreement to acquire a 41% interest in Powdermet, Inc. An initial payment of $500,000 has been paid with a closing for the remaining purchase price anticipated on or before September 30. The acquisition is expected to bring substantial value to Abakan?s existing investment portfolio.

Full post as published by TechAgreements on September 15, 2010 (boomark / email).

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