NESSCAP ENERGY INC. ("NCE")
BULLETIN TYPE: Plan of Arrangement- Delist
BULLETIN DATE: May 2, 2017
TSX Venture Tier 2 Company
Effective at the close of business on Tuesday, May 2, 2017, the common shares of Nesscap Energy Inc. ("Nesscap") will be delisted from TSX Venture Exchange. The delisting of Nesscap shares results from the completion of a court-approved Plan of Arrangement under the Business Corporations Act (Ontario) (the "Arrangement"), pursuant to an Arrangement Agreement dated February 28, 2017, between Nesscap and Maxwell Technologies, Inc. ("Maxwell"), whereby Maxwell has acquired substantially all of the assets of Nesscap in exchange for an aggregate of 4,146,538 common shares of Maxwell and the assumption of certain liabilities.
The Arrangement was approved by Nesscap shareholders on April 24, 2017 and approved by the Ontario Superior Court of Justice on April 27, 2017.
For further details, please refer to Nesscap's Management Information Circular dated March 24, 2017 and news releases dated February 28, 2017, April 24, 2017 and April 28, 2017.
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