STOCK PURCHASE AGREEMENTStock Purchase Agreement • May 3rd, 2007 • Energroup Technologies Corp • Blank checks • Utah
This Stock Purchase Agreement (this “Agreement”) is made and entered into as of the 3rd day of May 2007, by and between Energroup Technologies Corporation, a Utah corporation (the “Company”), Stephen R. Fry, Thomas J. Howells and Barry Richmond, officers and directors of the Company (the “Individual Officers”), and Halter Financial Investments, L.P., a Texas limited partnership (“Purchaser”), on the following:
Energroup Technologies Corporation signs Stock Purchase AgreementStock Purchase Agreement • May 3rd, 2007 • Energroup Technologies Corp • Blank checks
Salt Lake City, Utah -- (BUSINESS WIRE) -- Thursday, May 3, 2007, Energroup Technologies Corporation (OTC: BB EGRT), executed a Stock Purchase Agreement the closing of which will result in a change in control of Energroup and the declaration of a special cash distribution to shareholders of record on May 17, 2007. No assurance can be given that the Stock Purchase Agreement will be completed; and the closing of the Stock Purchase Agreement will not change the “shell company” status of Energroup, which will continue to seek to acquire a business or company or other opportunity for it and its shareholders’ benefit.
