DYNEX POWER INC. ("DNX")
BULLETIN TYPE: Delist-Offer to Purchase
BULLETIN DATE: March 15, 2019
TSX Venture Tier 2 Company
The TSX Venture Exchange has accepted documentation pursuant to an arrangement agreement (the "Agreement") between the Company and Zhuzhou CRRC Times Electric Co. Ltd. ("Zhuzhou"), pursuant to which Zhuzhou acquired all of the issued and outstanding shares of the Company it does not already own by way of a plan of arrangement under Section 192 of the Business Corporations Act (Canada). Under the terms of the Agreement, each shareholder of the Company is entitled to receive, for each common share held, $0.65 per share in cash.
Effective at the close of business Tuesday, March 19, 2019, the common shares of the Company will be delisted from TSX Venture Exchange. For further information please refer to the Company's information circular posted on SEDAR February 14, 2019 and the Company's news releases dated January 18, 2019, March 11, 2019, and March 14, 2019.
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