RareMethod to Take Stake in IdeaMachine

NEW YORK RareMethod Capital Corp. said Tuesday that it intends to take a 25 percent stake in Idea Machine, a digital shop in Calgary, Alberta.

The deal, subject to the approval of the TSX Venture Exchange, calls for RareMethod to issue about 800,000 common shares on closing and up to an additional 500,000 common shares upon Idea Machine reaching established revenue targets.

The

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