FORMATION FLUID MANAGEMENT INC. ("FFM")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Delist
BULLETIN DATE: October 13, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amalgamation agreement (the "Amalgamation Agreement") dated August 26, 2016 among Formation Fluid Management Inc. (the "Company"), and Robix Environmental Technologies, Inc. ("Robix") and Robix Environmental Technologies Group, Inc. whereby Robix has acquired all of the issues and outstanding shares of the Company. Pursuant to the Amalgamation Agreement, the Company amalgamated with a wholly owned subsidiary of Robix on October 7, 2016 and continues as a wholly owned subsidiary of Robix (the "Amalgamation").
Under the terms of the Amalgamation Agreement, shareholders of the Company will receive approximately 0.425 of a common share of Robix for every one (1) share in the Company. For further information, please refer to the Company's press release dated October 11, 2016
Delist
Further to the completion of the Amalgamation, effective at the close of business Friday October 14, 2016, the common shares of the Company will be delisted from TSX Venture Exchange at the request of the Company.
________________________________________
|
|
