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NEWALTA CORPORATION T.NAL

"Newalta Corp provides engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams."


TSX:NAL - Post by User

Post by Silence001on Mar 27, 2018 11:42pm
228 Views
Post# 27792125

Help me understand this please

Help me understand this pleaseThe combination will be completed by way of a plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta) whereby Newalta shareholders will be entitled to receive: (i) 0.1467 of one common share of New Tervita ("New Tervita Shares") for each common share of Newalta ("Newalta Shares"); and (ii) 0.0307 of one warrant to purchase one New Tervita Share ("New Tervita Warrants") for each Newalta Share. Each New Tervita Warrant will be exercisable for a period of two years from the closing of the Arrangement at a price of $2.75 per equivalent Newalta Share. Thats where i got the numbers on, can someone walk me thru how i messed this up? New here thanks
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