N2G BoD orders the complete closure of N2T’s facility in Belleville, ON and shipment of all N2T filter pad production equipment to N2G’s location in Tallinn, Estonia by June 30, 2016.
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N2 Global SA (“N2G”) became sole legal assignee and proprietor of all rights, trademarks, patents and patent applications of N2 Towers Inc. (“N2T”) by way of the Terms and Conditions included in the Technology Purchase Agreement completed between N2T and N2G by April 4, 2016 in Riga, Latvia that requires N2G to become full scale production capable in Latvia by April 2018.
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