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CellCube Energy Storage Systems Inc.

11:18 AM EST - CellCube Energy Storage Systems Inc. : And for and on behalf of its wholly-owned subsidiary Enerox GmbH and Pedro Resources Ltd. have entered into a non-binding term sheet pursuant to which, among other things, Pedro intends to purchase all of the assets of EnerCube Switchgear Systems Inc. and PowerHaz Energy Mobile Solutions Inc., subsidiaries of CellCube. CellCube Energy Storage Systems Inc.
shares CUBE:CNX are trading down $0.01 at $0.05.