VEG II ready to goCAPTIVA VERDE RECEIVES SHAREHOLDER AND FINAL BC SUPREME COURT APPROVAL FOR PLAN OF ARRANGEMENT Vancouver, British Columbia – March 22, 2017 Captiva Verde Industries Ltd. (“
Captiva Verde” or the “
Company”) announces that its shareholders and the British Columbia Supreme Court have approved the statutory plan of arrangement (the “
Arrangement”) contemplated in the Company’s management information circular dated February 20, 2017 (the “
Information Circular”). Shareholder and final court approval for the Arrangement were obtained on March 15, 2017 and March 20, 2017, respectively. Please refer to the Information Circular for additional information pertaining to the Arrangement (a copy of the Information Circular is available under the Company’s SEDAR profile located at www.sedar.com).
The effective date for the Arrangement (the “
Effective Date”) is expected to be in March 2017. The Company will issue a further news release once the Effective Date is settled.
On behalf of the Board of Directors of the Company and for further information, please contact:
Jeffrey Ciachurski Director Cell: (949) 903-5906 E-mail: westernwind@shaw.ca | |