Lightstream Resources Ltd. LSTMF

RE:RE:Deal is DONE 100% of assets go to Ridgeback

[Pancho2]

Yes 100% of Lightsteam will be transferred to Ridgeback but the old Shareholders will own 2.25% of this new Ridgeback Company.

The Secured Notes purchased a considerable amount of the Assets in LTS
and will be given shares on a proportional basis in Ridgeback

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The Court of Queen's Bench of Alberta has granted an approval and vesting order ("Approval and Vesting Order") for the previously announced purchase and sale of substantially all of the assets and business of Lightstream
 
On the Closing Date, holders of the Secured Notes will be issued a pro rata number of common shares of Ridgeback based on the principal amount of Secured Notes held by them and the Secured Notes will be automatically cancelled.

https://www.lightstreamresources.com/news/news-releases.cfm?newsReleaseAction=view&releaseId=202