Rocky Mountain Liquor Inc. (TSXV:RUM) signed a definitive agreement to acquire four liquor stores in Central Alberta for approximately CAD 3 million in cash on January 24, 2013. The purchase consideration includes the amount being paid for inventory. Rocky Mountain Liquor will finance the transaction with cash and existing term financing.

The transaction is subject to completion of a due diligence review, the amendment of real property leases and the receipt of senior lender approval.