They have 6 months to reorganize company at no severance payments cost, good deal

Pursuant to the agreement, Evonik indemnified Company for severance payments related to lay-offs that may arise for a period of six months following the acquisition and entered into a six month transitional services agreement for certain IT and financial services.

The purchase price of Eur 1 million was financed by a Cdn$1.5 million shareholder loan on April 21, 2015 bearing interest at 10% with repayment terms of 18 months.