GENTERRA CAPITAL INC. ("GIC")
[formerly: Genterra Inc. ("GIC")
BULLETIN TYPE: Amalgamation, Name Change
BULLETIN DATE: May 13, 2010
TSX Venture Tier 2 Company
By Certificate of Amalgamation, Genterra Inc. and Consolidated Mercantile Incorporated, a TSX listed Company, have amalgamated and will continue as one corporation, Genterra Capital Inc. on the following basis:
1. The holders of common shares of Genterra Inc. will be entitled to receive 1 common share of the Amalgamated Company for each 3.6 shares held.
2. The holders of Class A convertible shares of Genterra Inc. will be entitled to receive 1 Class A convertible share of the Amalgamated Company for each 1 share held.
3. The holders of Class B non-convertible shares of Genterra Inc. will be entitled to receive 1 Class B non-convertible share of the Amalgamated Company for each 1 share held.
4. The holders of common shares of Consolidated Mercantile Incorporated will be entitled to receive 1 common share of the Amalgamated Company for each 1 share held.
Effective at the opening Friday, May 14, 2010, the common shares of Genterra Capital Inc. will commence trading on TSX Venture Exchange and the common shares of Genterra Inc. will be delisted. The Company is classified as a 'Real Estate' company.
Post - Amalgamation
Capitalization: Unlimited common shares with no par value of which
10,367,243 common shares are issued and outstanding
Escrowed: nil common shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: GIC (unchanged)
CUSIP Number: 37252D 10 8 (new)
For further details, please refer to the Joint Management Information Circular, dated January 14, 2010 and news releases dated March 9, 2009 and April 2, 2009.
TSX-X
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