Desert Lion Announces Completion of Plan of Arrangement
11 Julio 2019 - 1:18PM
Desert Lion Energy Inc. (“
Desert Lion” or the
“
Company”) (TSX-V:DLI) announced today the
completion of the previously announced plan of arrangement (the
“
Arrangement”), whereby Lepidico Ltd
(“
Lepidico”) (ASX: LPD) has acquired all of the
outstanding common shares of Desert Lion for consideration of 5.4
Lepidico ordinary shares for every 1 Desert Lion common share. The
Arrangement, which was announced on May 7, 2019, was approved by
the Company’s shareholders at an annual general and special meeting
held on June 27, 2019, and by the Ontario Superior Court of Justice
(Commercial List) on July 4, 2019.
Lepidico’s ordinary shares are listed for
trading on the ASX. Desert Lion has applied to de-list the common
shares from the TSX Venture Exchange.
Desert Lion shareholders who have questions or
require assistance with submitting their Desert Lion shares to the
Arrangement may direct their questions to Computershare Trust
Company of Canada, who is acting as depositary under the
Arrangement, toll free at 1-800-564-6253 or within Canada at
1-514-982-7888 or by email at corporateactions@computershare.com.
Further information regarding the Arrangement is available in the
management information circular of the Company dated May 29, 2019,
which is available under Desert Lion's profile on SEDAR at
www.sedar.com.
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.
For more information, please
contact:
Email: info@desertlionenergy.com
Desert Lion Energy (TSXV:DLI)
Gráfica de Acción Histórica
De Dic 2024 a Dic 2024
Desert Lion Energy (TSXV:DLI)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024
Real-Time news about Desert Lion Energy Inc (TSX Venture Exchange): 0 recent articles
Más de Artículos de Noticias