RDX Technologies Corporation (TSXV:RDX) acquired substantially all of the assets of Renewable Energy Products, LLC from Paladin Capital Group for CAD 2.4 million in cash and stock on July 15, 2014. Under the terms of agreement, RDX will pay CAD 0.11 million ($0.1 million) and will issue 4.2 million shares at closing and 3.3 million shares as deferred payment. For 3.3 million shares RDX has executed a promissory note. The promissory note is subject to receive 5% interest in the form of common stock. The currency conversion is done using www.oanda.com dated July 15, 2014.

RDX Technologies Corporation (TSXV:RDX) completed the acquisition of substantially all of the assets of Renewable Energy Products, LLC from Paladin Capital Group on July 15, 2014.