Trailblazer Resources to Acquire Solus Industries Assets

Trailblazer Resources, Inc. executed an asset acquisition agreement to purchase the assets of Solus Industries, LLC, including its Solus Intel intellectual property. The deal involves issuing 20 million shares of common stock and providing bridge financing. The transaction is contingent on member approval and due diligence, with closing expected by November 15, 2013.

“On September 9, 2013, Trailblazer Resources, Inc. (“Trailblazer”) executed an asset acquisition agreement with Solus Industries, LLC, a Minnesota limited liability company (“Solus”), whereby Trailblazer will purchase the assets of Solus, including all intellectual property assets known as Solus Intel.”

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