Hampton will assume ownership of assets including loan receivables of approximately CAD 15,657,622 and commercial liabilities of CAD 8,798,118. Hampton Financial Corporation (TSXV:HFC) it has concluded its negotiations to acquire Oxygen Working Capital Corp. from Oxygen LP for CAD 11.75 million. Subsequent to closing on the acquisition of the OCC business operations, Hampton will transfer all assets, liabilities, and operations to a newly formed subsidiary (?Newco?), in exchange for 18,295,057 Newco common shares. The former limited partners of Oxygen LP, the Lenders and certain others shall subscribe for 5,146,244 common shares of Newco at an issue price of CAD 0.01 per share, leaving Hampton with a fully diluted 73.3% stake in the subsidiary company.