Hutton Energy: Newton Energy : Hutton has Signed a Term Sheet to Acquire Newton

(4-traders.com) Hutton Energy Plc is pleased to announce the signing of a Term Sheet with Newton Energy Corporation whereby Hutton will acquire 100% of its wholly-owned subsidiary, Newton Energy UK Limited ("Newton UK"). Newton UK has the exploration rights to four onshore UK licenses, PEDL 254, 255, 204 and 208 covering approximately 111,000 acres in the East...http://www.4-traders.com/NEWTON-ENERGY-CORPORATION-7461308/news/Newton-Energy--Hutton-has-Signed-a-Term-Sheet-to-Acquire-Newton-18688013/