Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

iShares S&P/TSX Capped Consumer Staples Index ETF T.XST

Alternate Symbol(s):  ISTIF

The investment objective of the Fund is to provide long term capital growth by replicating, to the extent possible, the performance of the S&P TSX Capped Consumer Staples Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy. A replicating strategy is an investment strategy intended to replicate the performance of the Index by investing, directly or indirectly, primarily in a portfolio of index securities in substantially the same proportions as they are represented in the Index.


TSX:XST - Post by User

Post by ErickSodhion Jan 04, 2000 7:08pm
220 Views
Post# 1193071

XST Shareholders Approve Merger of the Corpor

XST Shareholders Approve Merger of the Corpor CALGARY, Jan. 4 /CNW/ - XS Technologies Inc. (``XST'') is pleased to announce at the Special Meeting of the Shareholders of XST held on Wednesday, December 22, 1999, the shareholders of XST voted in favour the following resolutions: (a) to approve as the Corporation's Major Transaction (as defined in Alberta Securities Commission Rule 46-501 and Alberta Stock Exchange Circular No. 7), the merger of the Corporation with 636201 Alberta Ltd., carrying on business as EnviroTrac Technologies, (``EnviroTrac''), the total consideration payable by the Corporation for EnviroTrac being $1,625,000, of which $25,000 has been paid by way of cash deposit and the balance shall be satisfied through the issuance of equity securities, all as more particularly described in the Corporation's Management Information Circular dated November 15, 1999. (b) to approve the amalgamation of the Corporation with EnviroTrac, substantially on the terms set out in an amalgamation agreement dated as of November 4, 1999 between the Corporation and EnviroTrac, as more particularly described in the Corporation's Management Information Circular dated November 15, 1999. The approval of the Canadian Venture Exchange (CDNX) is conditional upon EnviroTrac having raised an additional $400,000 in new equity prior to closing of the Major Transaction. EnviroTrac, pursuant to an offering memorandum dated June 15, 1999, on a private placement basis has placed up to a maximum of 1,666,667 shares of EnviroTrac at a price of $0.30 cents per Share. The closing of the Major Transaction, subject to compliance with the terms and conditions set forth in the Amalgamation Agreement dated as of November 4, 1999, is scheduled to occur prior to January 31, 2000. XS Technologies Inc. is listed on the Canadian Venture Exchange under the symbol ``XST''. The Canadian Venture Exchange neither approved nor disapproved of the information contained herein. -0- 01/04/2000
<< Previous
Bullboard Posts
Next >>