Business
CML HEALTHCARE INCOME FUND COMPLETES CORPORATE CONVERSION
Jan. 4, 2011 (Canada NewsWire Group) -- /Not for distribution to United States newswire ser...
About this update from Christina Lake Cannabis Corp
[{"type":"text","content":"\n\n\n\n Jan. 4, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/Not for distribution to United States newswire services or for\n dissemination in the United States/ \n\n\nToronto Stock Exchange Symbol: CLC\n\n\nMISSISSAUGA, ON, Jan. 4 /CNW/ - CML HealthCare Inc. (TSX: CLC) (the "Company") is pleased to announce that CML HealthCare Income Fund (the "Fund") has completed the previously announced conversion from an income\n trust structure to a publicly-traded corporation named CML HealthCare\n Inc., pursuant to a plan of arrangement under the Business Corporations Act (Ontario).  The conversion was approved by the unitholders of the Fund\n at a special meeting of unitholders held on December 1, 2010, by a vote\n of 99.8 percent in favour.  Under the plan of arrangement, unitholders\n of the Fund received, for each unit of the Fund held, one common share\n of the Company.  The Company's common shares are scheduled to commence\n trading on the Toronto Stock Exchange on January 4, 2011 under the\n symbol "CLC".\n\n\nAs a result of the conversion, the Company now directly and indirectly\n operates the businesses that were previously operated by the Fund and\n its subsidiaries.  The management and trustees of the Fund are now the\n management and directors of the Company.\n\n\nAs previously announced, the Company anticipates an initial\n post-conversion monthly dividend of $0.0629 per share ($0.7548 per\n share on an annualized ...