Consolidated Envirowaste to Complete Going-Private Transaction Effective February 26, 2010
23 Febrero 2010 - 2:45PM
Marketwired
Consolidated Envirowaste Industries Inc. (TSX VENTURE: CWD) (the
"Company") is pleased to announce that its going-private
arrangement transaction, under which a company owned by James
Darby, Douglas Halward and their spouses will acquire all of the
outstanding shares of the Company not already owned or controlled
by them for $0.14 per share in cash, will become effective on
February 26, 2010.
Former holders of shares of the Company should surrender their
share certificates to the depositary, together with a properly
completed letter of transmittal, to receive the cash payment.
Letters of transmittal were mailed out with the materials for
the January 29, 2010 meeting of shareholders at which the
arrangement transaction was approved. Further copies are available
under the Company's profile at www.sedar.com.
Trading in the Company's shares has been halted. The shares will
be de-listed from the TSX Venture Exchange following the effective
date of the arrangement.
On behalf of the board of Directors
CONSOLIDATED ENVIROWASTE INDUSTRIES INC.
Douglas R. Halward, Director
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Consolidated Envirowaste Industries Inc. Douglas R.
Halward Director 604-856-6836
Cons Envirowaste Industries Inc. (Tier1) (TSXV:CWD)
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