OTCQX:LVNVF - Post by User
Post by
edmedon Mar 20, 2015 10:12am
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Post# 23542705
name changes also confusing
name changes also confusing The Arrangement will result, through a series of transactions, in:
- Levon shareholders receiving one New Levon Share and 0.5 of a Spinco Share for each Levon share currently held by them;
- holders of SciVac Shares receiving that number of New Levon Shares representing 68.4% of the issued and outstanding New Levon Shares in exchange for the acquisition by Levon of all of the issued and outstanding SciVac Shares;
- the change of Levon's name to "SciVac Inc."; and
- the change of Spinco's name to "Levon Resources Ltd."