Alaris Royalty Corp. and Alaris Equity Partners Income Trust Announce Completion of Plan of Arrangement

About this update from Alaris Equity Partners Income Trust Trust Units Reg S 3c7

[{"type":"text","content":"\n\n\n\nAlaris Royalty Corp. and Alaris Equity Partners Income Trust Announce Completion of Plan of Arrangement\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, AB, Sept. 1, 2020\n\n\n\nCALGARY, AB, Sept. 1, 2020 /CNW/ - Alaris Royalty Corp. (the \"Corporation\") (TSX: AD) and Alaris Equity Partners Income Trust (the \"Trust\" or \"Alaris\") are pleased to announce that they have completed the previously announced plan of arrangement under the provisions of the Canada Business Corporations Act (the \"Arrangement\") pursuant to which the Trust indirectly acquired all of the issued and outstanding common shares of the Corporation (the \"Common Shares\") in exchange for trust units of the Trust (\"Trust Units\"). It is expected that the Common Shares will be delisted from the Toronto Stock Exchange (the \"TSX\") and that the Trust Units will concurrently be listed and commence trading on the TSX under the symbol \"AD.UN\" on or about September 4, 2020 subject to receipt of final documentation by the TSX. Until such time as Common Shares are delisted and the Trust Units commence trading, trading in Common Shares on the TSX will be on an \"entitlement\" basis for Trust Units or cash proceeds payable under the Arrangement. The outstanding convertible debentures of the Corporation will remain listed on the TSX under the symbol \"AD.DB\". Further details of the Arrangement are contained in the information circular of the Corporation dated July 21, 2020, a copy of which is available under Alaris' SEDAR profile at www.sedar.com.\n\n \n \n \n \n \n \n\n \nABOUT ALARIS:\nAlaris provides alternative financing to private companies (\"Partners\") in exchange for distributions with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders.  Distributions from the Partners are adjusted each year based on the percentage change of a \"top line\" financial performance measure such as gross margin and same-store sales and rank in priority to the owners' common equity position.\nFORWARD LOOKING STATEMENTS\...

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