Vertex Resource Group Ltd. (TSXV:VTX) acquired Sonic Oilfield Services Ltd. for CAD 4.5 million on December 23, 2017. The consideration has been paid in cash and stock. The purchase price is subject to increase if certain valuation metrics of Vertex are not satisfied by December 31, 2019, or earlier following certain corporate events. The maximum increase in purchase price is CAD 1.175 million. Vertex may, subject to approval of the TSX Venture Exchange, elect to satisfy this increase through the issuance of additional common shares. The transaction will add 60 pieces of rolling stock to Vertex's fleet. In addition, Sonic's Kindersley operation includes a KCL mixing facility which will now be owned and operated by Vertex. Vertex Resource Group Ltd. (TSXV:VTX) completed the acquisition of Sonic Oilfield Services Ltd. on December 23, 2017.