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Knowlton Capital obtains conditional approval from the TSX Venture Exchange for reverse take-over with Leni Gas Cuba Limited
Knowlton Capital obtains conditional approval from the TSX Venture Exchange for reverse ta...
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[{"type":"text","content":"\n\n\n\nKnowlton Capital obtains conditional approval from the TSX Venture Exchange for reverse take-over with Leni Gas Cuba Limited\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\nKnowlton Capital obtains conditional approval from the TSX Venture Exchange for reverse take-over with Leni Gas Cuba Limited\nCanada NewsWire\nMONTREAL, June 28, 2016\n\n\n\nMONTREAL, June 28, 2016 /CNW Telbec/ - Knowlton Capital Inc. (\"Knowlton\") (TSXV: KWC‑H) is pleased to announce that the TSX Venture Exchange has conditionally accepted the previously-announced reverse take-over (\"RTO\") of Knowlton by Leni Gas Cuba Limited (\"LGC\"), subject to Knowlton fulfilling all of the requirements of the Exchange.\n\nThe RTO with LGC and related matters are subject to approval by Knowlton's shareholders and will be voted on at Knowlton's annual and special meeting to be held in Montreal, Québec on July 6, 2016.\n\nThe RTO is also subject to approval by LGC's shareholders, who will vote on a scheme of arrangement to effect the RTO at a meeting of LGC shareholders to be held in London, England on July 1, 2016.\n\nIf the RTO is approved by Knowlton's shareholders and LGC's shareholders, it is expected that LGC will seek a final order for the scheme of arrangement from the British Virgin Islands High Court on July 7, 2016.  If a final order is granted by the BVI High Court, Knowlton expects that the closing of the RTO will take place shortly thereafter.  In that event, Knowlton will issue a further press release announcing the date on which Knowlton's shares will commence trading on the TSX Venture Exchange under the name \"LGC Capital Ltd.\", the \"resulting issuer\" from the RTO.\n\nNeither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\nCompletion of the RTO between Knowlton and LGC is subject to a number of conditions, including disinterested shareholder approval.  The RTO cannot close until the re...