| Home : March 2015 : March 24, 2015 News : Grenville Completes Investment in Interiormark, LLC |
Grenville Completes Investment in Interiormark, LLC |
March 24, 2015
TORONTO, ONTARIO--(Marketwired - March 23, 2015) - Grenville Strategic Royalty Corp. (TSX VENTURE:GRC) ("Grenville") is pleased to announce that it has contracted for a gross sales royalty from Interiormark, LLC ("Interiormark") in exchange for an advance of $1,750,000 USD, with an option, if agreed upon by both companies, to advance an additional $1,250,000 USD. In exchange for this advance, Grenville will receive a royalty based on Interiormark's gross revenue within Grenville's average royalty rate of between 1% and 4%.
http://www.marketwired.com/mw/release.do?id=2002854&sourceType=3
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