Arrangement

Latitude Uranium Announces Receipt of Final Order for Arrangement with ATHA

Retrieved on: 
Thursday, February 29, 2024
OTCQB, Arrangement, FRA, Justice

TORONTO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that the Ontario Superior Court of Justice has granted the final order (the “Final Order”) in connection with the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to which, among other things, ATHA Energy Corp. (“ATHA”)  will acquire all of the issued and outstanding common shares of Latitude Uranium (the “LUR Shares”) in exchange for 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each LUR Share held.

Key Points: 
  • TORONTO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that the Ontario Superior Court of Justice has granted the final order (the “Final Order”) in connection with the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to which, among other things, ATHA Energy Corp. (“ATHA”)  will acquire all of the issued and outstanding common shares of Latitude Uranium (the “LUR Shares”) in exchange for 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each LUR Share held.
  • As previously announced, the Arrangement was approved by the Company’s shareholders at a special meeting held on February 27, 2024.
  • Closing of the Arrangement remains subject to satisfaction of certain customary closing conditions, including stock exchange and regulatory approvals.
  • Subject to the satisfaction of these closing conditions, the parties currently expect to complete the Arrangement on or around March 7, 2024.

ATHA Energy Announces Latitude Uranium Obtains Shareholder Approval for Transaction

Retrieved on: 
Wednesday, February 28, 2024
Arrangement, News, FRA, Proxy, LUR, SASK

VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that shareholders (“LUR Shareholders”) of Latitude Uranium Inc. (CSE: LUR) (OTCQB: LURAF) (“Latitude”) have overwhelmingly approved the previously announced arrangement (the “Arrangement”) involving ATHA and Latitude at Latitude’s special meeting (the “LUR Meeting”) held on February 27, 2024.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that shareholders (“LUR Shareholders”) of Latitude Uranium Inc. (CSE: LUR) (OTCQB: LURAF) (“Latitude”) have overwhelmingly approved the previously announced arrangement (the “Arrangement”) involving ATHA and Latitude at Latitude’s special meeting (the “LUR Meeting”) held on February 27, 2024.
  • A total of 103,295,471 common shares of LUR, representing approximately 44.69% of votes entitled to be cast at the LUR Meeting, were represented by proxy at the LUR Meeting.
  • Latitude will seek a final order approving the Arrangement from the Ontario Superior Court of Justice (Commercial List) on February 29, 2024.
  • Subject to the satisfaction of these closing conditions, the parties currently expect to complete the Arrangement in early March 2024.

Latitude Uranium Announces Voting Results from Special Meeting

Retrieved on: 
Tuesday, February 27, 2024
OTCQB, Vendor, Shareholder, Arrangement, USD, Meeting, FRA, Common, Proxy, Indian stock exchange, LUR, Security (finance)

TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that shareholders of the Company (the “Shareholders”) have overwhelmingly approved the previously announced arrangement (the “Arrangement”) involving the Company and ATHA Energy Corp. (“ATHA”) at the Company’s special meeting (the “Meeting”) held today.

Key Points: 
  • TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that shareholders of the Company (the “Shareholders”) have overwhelmingly approved the previously announced arrangement (the “Arrangement”) involving the Company and ATHA Energy Corp. (“ATHA”) at the Company’s special meeting (the “Meeting”) held today.
  • The special resolution approving the Arrangement (the “Arrangement Resolution”) was required to be approved by at least two-thirds (66 2/3%) of the votes cast by Shareholders present virtually or represented by proxy at the Meeting.
  • A total of 103,295,471 common shares of LUR ("Common Shares”), representing approximately 44.69% of votes entitled to be cast at the Meeting, were represented proxy at the Meeting.
  • Subject to the satisfaction of these closing conditions, the parties currently expect to complete the Arrangement in early March 2024.

Ceapro Provides Business Update on Progress of Ongoing Development Programs, Technology and Cosmeceutical Base Business

Retrieved on: 
Friday, February 23, 2024
Litre, Arrangement, Health Canada, OBG, TSX, Data monitoring committee, LDL, MBA, Assay, Safety, Cheese, University, Food engineering, University of Alberta, CZO, Infant, NPN, Journal, Protein, Clinical trial, Whey, Canada Business Corporations Act, Tissue, Water, Dietary supplement

EDMONTON, Alberta, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Ceapro Inc. (TSX-V: CZO; OTCQX: CRPOF) (“Ceapro” or the “Company”), today provided an update on its progress across its current business.

Key Points: 
  • EDMONTON, Alberta, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Ceapro Inc. (TSX-V: CZO; OTCQX: CRPOF) (“Ceapro” or the “Company”), today provided an update on its progress across its current business.
  • In addition to the proposed Arrangement, the Company continues to execute on progress across its ongoing development projects, as detailed below.
  • “We continue to make promising progress across all areas of our business.
  • Given the recent developments, we anticipate that all key success factors will align to expand our business model.

Dundee Precious Metals Announces it will Not Submit a Revised Offer in Response to Superior Proposal Notice from Osino Resources

Retrieved on: 
Tuesday, February 20, 2024
TSX, DPM, Arrangement

TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) today acknowledged receipt of notice from Osino Resources Corp. (“Osino”) that a foreign-based mining company (the “Offeror”) has made a binding proposal to acquire all of the issued and outstanding common shares of Osino for a purchase price of C$1.90 per share payable in cash (the “New Proposal”).

Key Points: 
  • TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) today acknowledged receipt of notice from Osino Resources Corp. (“Osino”) that a foreign-based mining company (the “Offeror”) has made a binding proposal to acquire all of the issued and outstanding common shares of Osino for a purchase price of C$1.90 per share payable in cash (the “New Proposal”).
  • Osino has further advised DPM that its board of directors has determined that the New Proposal constitutes a “Superior Proposal” as defined in the arrangement agreement between DPM and Osino dated December 17, 2023 (the “Arrangement Agreement”).
  • “We continue to rigorously adhere to our disciplined capital allocation framework with a focus on shareholder value.”
    In the event Osino terminates the Arrangement Agreement in order to enter into a binding agreement with the Offeror in respect of the New Proposal, Osino will be required to pay to DPM a termination fee in the amount of C$10.0 million.
  • DPM currently holds 12,699,157 common shares of Osino.

NCPDP Foundation Opens Its Call for Grant Proposals, Due April 30

Retrieved on: 
Wednesday, February 28, 2024
Innovation, Digital therapeutics, Pharmacogenomics, Social, Pharmacist, Chesley Bonestell, MST, Health, Patient safety, Fund, Medicine, HL7, Trustee, Arrangement, Request, Standard, Value, Role, Single-frequency network, Health equity, Pharmaceutical industry

SCOTTSDALE, Ariz., Feb. 28, 2024 /PRNewswire-PRWeb/ -- The NCPDP Foundation Board of Trustees announced its call for grant proposals that demonstrate the value of NCPDP standards in supporting the expanded role of pharmacists, patient safety, access to care, and coordination of care and innovation. Proposals must meet the grant proposal requirements and be submitted electronically by 5:00 p.m. MST on April 30, 2024, to be considered for the current grant funding cycle.

Key Points: 
  • SCOTTSDALE, Ariz., Feb. 28, 2024 /PRNewswire-PRWeb/ -- The NCPDP Foundation Board of Trustees announced its call for grant proposals that demonstrate the value of NCPDP standards in supporting the expanded role of pharmacists, patient safety, access to care, and coordination of care and innovation.
  • Proposals must meet the grant proposal requirements and be submitted electronically by 5:00 p.m. MST on April 30, 2024, to be considered for the current grant funding cycle.
  • Grant projects must benefit at least one of the NCPDP Foundation strategic initiatives: expanding the role and value of the pharmacist ; expanding patient access to care ; enhancing patient safety ; and empowering coordination of care and innovation, its newest strategic initiative.
  • To submit a grant proposal, complete and submit the Request for Funding form along with supplemental material by 5:00 p.m. MST on April 30, 2024.

Tricon Residential Announces Receipt of Interim Order for Proposed Take Private by Blackstone Real Estate and Provides Details of Special Meeting

Retrieved on: 
Friday, February 16, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Court, Interim order, TCN, Arrangement, Circular, Special, TSX, Bank, EDGAR, Transaction, Proxy, Competition Act, Indian stock exchange, The Sundays, Investment Canada Act, Minority, SPECIAL, Security (finance)

The Interim Order authorizes the calling and holding of a special meeting on March 28, 2024 (the “Special Meeting”) of the holders of Common Shares (the “Company Shareholders”), the granting of dissent rights to registered Company Shareholders, and other matters relating to the conduct of the Special Meeting.

Key Points: 
  • The Interim Order authorizes the calling and holding of a special meeting on March 28, 2024 (the “Special Meeting”) of the holders of Common Shares (the “Company Shareholders”), the granting of dissent rights to registered Company Shareholders, and other matters relating to the conduct of the Special Meeting.
  • The Interim Order authorizes and orders that the Special Meeting be held on Thursday, March 28, 2024 at 10:00 a.m. (Toronto time) in virtual-only format via live audio webcast, including any adjournments or postponements thereof.
  • Details of the Special Meeting and how Company Shareholders or their duly appointed proxyholders can attend, access, participate in and vote at the Special Meeting are set out in the Circular.
  • Registered Company Shareholders and duly appointed proxyholders will be able to attend, participate and vote at the Special Meeting online.

Ceapro Inc. Announces the Mailing of Meeting Materials in Connection With the Special Meeting of Securityholders to Approve Merger With Aeterna Zentaris

Retrieved on: 
Thursday, February 15, 2024
Court, Issuer, Shareholder, Arrangement, Post office box, Meeting, TSX, Toronto Stock Exchange, News, Aeterna, Avenanthramide, Proxy, Pharmacy, Knowledge, Neutrogena, Aveeno, Internet, Security (finance)

The Board believes this is a compelling opportunity for Ceapro and its investors for a number of reasons, including:

Key Points: 
  • The Board believes this is a compelling opportunity for Ceapro and its investors for a number of reasons, including:
    Recurring revenue to support business expansion.
  • The pipeline of products being developed should generate an increased and consistent news flow, a key supporting factor in investor interest.
  • Only Securityholders of record as of the close of business on January 12, 2024 are eligible to vote at the Meeting.
  • Registered Securityholders and duly appointed proxyholders may vote on matters presented at the Meeting by:
    Virtually – completing a ballot online during the Meeting.

Independent Proxy Advisory Firm ISS Recommends Latitude Uranium Shareholders Vote FOR the Arrangement Resolution with ATHA Energy

Retrieved on: 
Thursday, February 15, 2024
OTCQB, Arrangement, Meeting, FRA, ISS, LUR, Uranium, Holding company

The Board of Directors of LUR unanimously recommends that Shareholders vote FOR the Arrangement Resolution.

Key Points: 
  • The Board of Directors of LUR unanimously recommends that Shareholders vote FOR the Arrangement Resolution.
  • TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that leading independent proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”) recommends that Latitude Uranium shareholders (“Shareholders”) vote “FOR” the resolution (the “Arrangement Resolution”) to approve the previously announced arrangement (the “Arrangement”) involving the Company and ATHA Energy Corp. (“ATHA”) at the upcoming Special Meeting of Shareholders (the “Meeting”) to be held on Tuesday, February 27, 2024 at 10:00 a.m. (Toronto time).
  • John Jentz, Chief Executive Officer of Latitude Uranium, commented, “We are pleased that ISS supports the Board’s unanimous recommendation that shareholders vote “FOR” the Arrangement Resolution.
  • If you have questions about the Meeting matters or require voting assistance please contact Latitude Uranium‘s proxy solicitation agent, Laurel Hill Advisory Group at:

ElectraMeccanica Announces Filing and Mailing of the Joint Proxy Statement/Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Proposed Combination with Xos

Retrieved on: 
Tuesday, February 13, 2024
Alternative Vehicles, Fuels, Other Transport, Trucking, EV, Electric Vehicles, Automotive, General Automotive, Transport, Automotive Manufacturing, Manufacturing, Fleet Management, Arrangement, FedEx Ground, OEM, Growth, Original equipment manufacturer, XOS, Government, Cintas, UPS, Car rental

ElectraMeccanica has commenced mailing to ElectraMeccanica’s shareholders of the Joint Proxy Statement/Circular and related materials for the ElectraMeccanica Meeting.

Key Points: 
  • ElectraMeccanica has commenced mailing to ElectraMeccanica’s shareholders of the Joint Proxy Statement/Circular and related materials for the ElectraMeccanica Meeting.
  • Shareholders are encouraged to read the Joint Proxy Statement/Circular and vote their ElectraMeccanica shares as soon as possible.
  • The following are the key strategic factors underlying the Board of Directors’ unanimous recommendation that ElectraMeccanica shareholders vote IN FAVOR of the ElectraMeccanica Arrangement Proposal:
    Equity Position in Xos.
  • Additional factors supporting the Board of Directors’ decision to approve the transaction and recommend it to ElectraMeccanica shareholders are described in the Joint Proxy Statement/Circular.