The rights plan is not intended to and will not prevent a take-over of the Corporation. The purpose of the rights plan is to encourage a potential bidder to make a "Permitted Bid", having terms and conditions designed to meet the objectives of the rights plan, or to negotiate the terms of an offer with the board of directors of the Corporation. A Permitted Bid is a take-over bid that is made to all holders of voting shares of the Corporation (other than the bidder), by way of a take-over bid circular prepared in compliance with applicable securities laws, that remains open for acceptance by shareholders of the Corporation for 60 days and that satisfies certain other conditions.
The Rights Plan must be confirmed by shareholders at the Company's annual meeting scheduled for
The Company is not aware of any specific take-over bid for the Company that has been made or is contemplated.
A complete copy of the Rights Plan is available upon request. Shareholders wishing to receive a copy of the Rights Plan should make their request by telephone at (416) 775-3796, by email at firstname.lastname@example.org or by mail to
Tuckamore has investments in 7 businesses representing a diverse cross-section of the Canadian economy.
FOR FURTHER INFORMATION PLEASE CONTACT: Shareholders: Kingsdale Shareholder Services 1-888-518-1561 Toll Free Facsimile: 1-866-545-5580 email@example.com 416-867-2271 (FAX)
Outside North America, Banks and Brokers Call Collect: 416-867-2272 Media: Riyaz Lalani Bayfield Strategy, Inc.416-907-9365 firstname.lastname@example.org Source: Tuckamore Capital Management Inc.