GREY:CLRYF - Post by User
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Yunggunon Jan 24, 2019 12:13pm
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Post# 29276041
Have to read these things carefully...
Have to read these things carefully...Item 5 – Purpose of the Transaction State the purpose or purposes of the acquiror and any joint actors for the acquisition or disposition of securities of the reporting issuer. Describe any plans or future intentions which the acquiror and any joint actors may have which relate to or would result in any of the following: (a) the acquisition of additional securities of the reporting issuer, or the disposition of securities of the reporting issuer; (b) a corporate transaction, such as a merger, reorganization or liquidation, involving the reporting issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of the assets of the reporting issuer or any of its subsidiaries; (d) a change in the board of directors or management of the reporting issuer, including any plans or intentions to change the number or term of directors or to fill any existing vacancy on the board; (e) a material change in the present capitalization or dividend policy of the reporting issuer; (f) a material change in the reporting issuer’s business or corporate structure; (g) a change in the reporting issuer’s charter, bylaws or similar instruments or another action which might impede the acquisition of control of the reporting issuer by any person or company; (h) a class of securities of the reporting issuer being delisted from, or ceasing to be authorized to be quoted on, a marketplace; (i) the issuer ceasing to be a reporting issuer in any jurisdiction of Canada; (j) a solicitation of proxies from securityholders; (k) an action similar to any of those enumerated above.
The Shares were disposed for investment balancing purposes. The Issuer has announced a sale of substantially all of its assets. The Acquiror does not presently have any plans or future intentions with respect to the enumerated actions. Depending on market conditions and other factors, the Acquiror may acquire or dispose of additional securities of the Issuer.
https://cloud.stockwatch.com/News/Sedardoc.pdf?docid=4225225