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CVR Medical Corp.

09:55 AM EST - CVR Medical Corp. : Has entered into a letter of intent with CVR Global Inc. to acquire an additional 10% interest of the "Joint Venture Business" from CVR Global's current 50% interest. The Joint Venture Business is held pursuant to, and governed by, the terms of the Joint Venture Agreement between CVR Global and CVR Medical. CVR Medical Corp. shares V.CVM are trading down $0.02 at $0.57.