PACIFIC SAFETY PRODUCTS INC. ("PSP")
BULLETIN TYPE: Plan of Arrangement -, Delist
BULLETIN DATE: December 23, 2016
TSX Venture Tier 1 Company
Effective at the close of business on Friday, December 23, 2016, the common shares of Pacific Safety Products Inc. ("PSP") will be delisted from TSX Venture Exchange. The delisting of PSP shares results from the completion of a plan of arrangement pursuant to an Arrangement Agreement, dated November 10, 2016, between PSP and Med-Eng Holdings ULC (the "Purchaser"), whereby the Purchaser has acquired all of the issued and outstanding common shares of PSP by way of court-approved arrangement under the Canada Business Corporations Act (the "Arrangement").
Under terms of the Arrangement, PSP shareholders will receive CDN$0.21 for each PSP common share held.
For further details, please refer to PSP's Management Information Circular dated November 18, 2016 and news releases dated November 10, 2016 and December 19, 2016.
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