Vancouver, BC / ACCESSWIRE / November 27, 2015 / Less Mess Storage Inc. ("Less Mess" or the "Company") (TSX VENTURE:LMS) is pleased to announce the voting results from its Special Meeting of Securityholders held on November 26, 2015 in Vancouver, British Columbia, to approve its previously announced statutory plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) with Less Mess Holdings Inc. Full details of the Arrangement are described in the Management Information Circular of Less Mess respecting the Special Meeting that was mailed to Less Mess securityholders. A copy of the Management Information Circular is filed under the Company’s profile on SEDAR at http://www.sedar.com/.
A total of 7,190,268 common shares of the Company, representing approximately 71.38% of the Company’s issued and outstanding common shares, and a total of 11,155,818 securities of the Company (collectively, common shares, stock options and common share purchase warrants), representing approximately 60.29% of the Company’s issued and outstanding securities, were voted at the meeting. The resolution approving the Arrangement was approved by all votes cast by holders of common shares and securities.
The Company is also pleased to announce that the Arrangement has received final approval from the Supreme Court of British Columbia.
Completion of the Arrangement remains subject to final approval of the TSX Venture Exchange, the receipt of all other necessary regulatory and third party approvals, and other customary conditions. Closing of the Arrangement is expected to occur on or about December 15, 2015.
About the Company
Less Mess Storage Inc. owns and operates the largest self-storage chain in Central and Eastern Europe, with a portfolio of five stores, two in Warsaw (both freehold) and three in Prague (two freehold, one leasehold), offering over 180,000 square feet of net lettable area. The Company plans to add additional stores and rentable space in Warsaw and Prague in the future. The Company's registered and records office is located in Vancouver, British Columbia, its operations head office is located in Warsaw, Poland, and it also has offices in Prague, Czech Republic.
ON BEHALF OF THE BOARD
"Peter Smith"
Chairman of the Board
VP Corporate Development
Less Mess Storage Inc.
Phone: (778) 999-7030
pete@lessmess-storage.com
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This press release contains "forward-looking information" that is based on the Company’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, the Company’s business, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: changes in economic conditions or financial markets; changes in prices for the Company’s products and services; increases in costs; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties; and labour relations matters.
This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Except as required by law, the Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Source: Less Mess Storage Inc.