EMEDIA NETWORKS INTERNATIONAL CORPORATION ("EMM")
BULLETIN TYPE: Delist
BULLETIN DATE: January 28, 2014
TSX Venture Tier 2 Company
Effective at the close of business on Tuesday, January 28, 2014, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
The delisting of the Company's shares results from the completion of a going-private transaction pursuant to a Plan of Arrangement (the "POA") which was approved by the Company's shareholders on January 13, 2014 and by the Supreme Court of British Columbia in January 23, 2014.
The POA is to be effected by way of a consolidation on the basis of 1 new common share ('"New Common Share") for every 1,213,000 common shares, non-issued and outstanding (the "Consolidation"). After effecting the Consolidation, those shareholders who would receive less than one whole New Common Share will have their fractional New Common Share purchased by the Company at a price of $0.045 in cash per Common Shares held by them immediately prior to the Consolidation.
________________________________________
|
|
