Enlightify rescinds $49M Lonestar Dream acquisition; seeks return of $9.95M paid to Pan

Enlightify Inc.

Terminated $49M SPA for Lonestar Dream Inc. with Zhibiao Pan; deal not completed.
Company paid $9,947,981.04; Pan must return within 180 days or pay 0.01% daily penalty.
Mutual rescission includes releases; no admission of liability or wrongdoing.
Lonestar continues to operate Tarbush and Pyote mining sites in Texas.
Company intends to take all necessary actions to recover the funds.

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