Golden Moor Inc.

Golden Moor Inc.

January 31, 2012 12:05 ET

Golden Moor Acquires the Business of A.B.I. Strategies Inc.

CASSELMAN, ONTARIO, CANADA--(Marketwire - Jan. 31, 2012) - Golden Moor Inc. ("Golden Moor" or the "Corporation")(CNSX:MUD) announces that it has acquired from A.B.I. Strategies Inc. ("ABI") substantially all of the assets related to ABI's business, which consists of the provision of financial education and information (the "Acquisition").

The consideration payable under the Acquisition consists of 36,555,000 common shares of Golden Moor, which will be subject to a four-month hold period under applicable securities legislation. In connection with the Acquisition, ABI's principal, Daniel Landriault, will be named to Golden Moor's board of directors.

The Acquisition is entirely at arm's length and no finder's fee is payable.

About Golden Moor Inc.

Golden Moor Inc. is a public company whose mission for the past 20 years has been to improve global health with natural products, special equipment and personal services. It has developed over 89 recipes derived from moor mud with uncommonly high humic acid content. In 1994, the Golden Moor brand was officially launched and Golden Moor opened a 5,000 square foot manufacturing plant. In 1998, the Corporation began selling directly to consumers. In 2007, it implemented a full-fledged affiliate program through an online web interface. The Corporation completed its initial public offering in 2010.

Contact Information

  • Marc Saint-Onge
    President and CEO
    Golden Moor Inc.
    (613) 764-6667 extension 226