ST. HELIER, Jersey, March 2, 2016 /CNW/ Plc (“EastSiberian” or the “Corporation”) announces that it is in negotiating with a third party a transaction whereby the third party would acquire all of the issued and outstanding shares of EastSiberian. Completion of any acquisition is subject to numerous conditions, including completion of satisfactory due diligence by the third party, receipt of all corporate, shareholder and regulatory approvals, and completion and execution of a definitive agreement between EastSiberian and the third party purchaser governing such acquisition.
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