GRENVILLE STRATEGIC ROYALTY CORP. ("GRC"),("GRC.DB")
BULLETIN TYPE: Plan of Arrangement-, Delist
BULLETIN DATE: June 7, 2018
TSX Venture Tier 2 Company
Plan of Arrangement:
The TSX Venture Exchange (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement dated March 11, 2018 (the "Arrangement Agreement") entered into between LOGiQ Asset Management Inc. ("LOGiQ") and Grenville Strategic Royalty Corp. ("Grenville" or the "Company"), pursuant to which LOGiQ agreed to acquire all of the issued and outstanding shares of the Company by way of a statutory plan of arrangement (the "Arrangement"). Under the Arrangement, LOGiQ acquired all of the issued and outstanding common shares of the Company in exchange for LOGiQ issuing 6.25 shares of LOGiQ for each Grenville share held.
The Exchange has been advised that approval of the Arrangement by securityholders of LOGiQ was received at a special meeting of the securityholders held on May 31, 2018 and that approval of the Arrangement was received from the Supreme Court of British Columbia on June 5, 2018. The full particulars of the Arrangement are set forth in the joint information circular (the "Circular") dated May 2, 2018, which is available under Grenville's profile on SEDAR. Grenville's securityholders should refer to the Circular for a summary of the procedures regarding the exchange of Grenville securities for the consideration to which they are entitled under the Arrangement.
Delisting:
In conjunction with the closing of the Arrangement, the common shares of Grenville and the Grenville convertible debentures with a maturity date of December 31, 2019 will be delisted from the Exchange. Accordingly, effective at the close of business, Friday, June 8, 2018 the common shares and convertible debentures of Grenville will be delisted.
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