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Tenet Fintech Group Inc. C.PKK

Alternate Symbol(s):  PKKFF

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, includes Tenet and all its subsidiaries. Tenet's subsidiaries provide various analytics and AI-based services to businesses and financial institutions through the Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members.


CSE:PKK - Post by User

Comment by bmo1212on Feb 03, 2021 11:06am
254 Views
Post# 32458155

RE:RE:Share consolidation?

RE:RE:Share consolidation?From the circular:
SHARE CONSOLIDATION
Shareholders are being asked to consider and, if deemed advisable, to pass the special resolution, substantially in
the form set out in APPENDIX A (the "Consolidation Resolution") authorizing the Board, in its sole discretion, to
consolidate the Shares within a range of ratios from one post-consolidation Share for every 2 pre-consolidation
Share to one post-consolidation Share for every 5 pre-consolidation Share and to amend the Corporation's Articles
accordingly (the "Consolidation"). Notwithstanding approval of the Consolidation Resolution by Shareholders of
the Corporation, the Board may, in its sole discretion, revoke this special resolution, and abandon the Consolidation
Resolution without further approval or action by or prior notice to Shareholders. Prior to making any amendment to
effect the Consolidation, the Corporation shall first be required to obtain any and all applicable regulatory and
relevant approvals from the Canadian Securities Exchange (the "Exchange").
 
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