At a special shareholder meeting held today, the Transaction was approved by 99.99% of the votes cast by shareholders of Cadillac. Pursuant to the Transaction, Cadillac shareholders will receive 0.12195 of a
A final order approving the Transaction will now be sought from the
In connection with completing the Transaction,
In addition, the re-pricing of options issued to certain insiders of Cadillac was also approved by 78.9% of the votes cast by shareholders of Cadillac.
For further information:
Company Victor Erickson 604-684-7300
President & CEO
THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT WHICH TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX-VENTURE EXCHANGE) DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release contains “forward-looking information” within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words “believes”, “may”, “plans”, “will”, “anticipates”, “intends”, “could”, “expects” and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements about the successful completion of the Transaction and the receipt of final approval from the
In connection with the forward-looking information contained in this news release, Cadillac has made numerous assumptions, regarding, among other things that the Transaction will be approved by the
All forward-looking information herein is qualified in its entirety by this cautionary statement, and Cadillac disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
To view this press release as a PDF file, click onto the following link:
Most Popular Stories
- FedEx Adding 50,000 Holiday Jobs
- Plus-Size iPhones Live Up to The Hype
- Cool Features on Today's New iOS 8
- Toxic Algae Threatens Florida Fishing, Tourism
- Family Dollar Spurning Bid From Dollar General
- Kohl's Hiring 67,000 for the Holidays
- Occupy Wall Street Buys Up Student Debt
- Fed Signals It Will Keep Key Rate at Record Low
- Eva Mendes Gives Birth to a Baby Girl
- Stocks Rise Before Fed Statement