Business
ISG Capital Corporation announces shareholder approval for its qualifying transaction and BOMA Go Green Certification
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, Sept....
About this update from Firm Capital Property Trust
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\nTHE U.S./\n\n\nTORONTO, Sept. 18 /CNW/ - ISG Capital Corporation (TSX-V: SUS.P) (the\n"Corporation") is pleased to announce today that its shareholders approved its\nproposed acquisition of 311 Ingersoll Road in Ingersoll, Ontario (the\n"Qualifying Transaction Property") as its qualifying transaction (the\n"Qualifying Transaction") at a special meeting of shareholders held on\nSeptember 17, 2008 (the "Special Meeting"). The resolution approving the\nQualifying Transaction was approved by the required "majority of the minority"\nof shareholders that cast votes at the Special Meeting.\n\n\nA copy of the management information circular sent to shareholders in\nrespect of the Special Meeting, containing details regarding the proposed\nQualifying Transaction and the property to be acquired, is available online at\nwww.sedar.com.\n\n\nAssuming all conditions to closing are satisfied, including the\ncompletion of the Corporation's previously announced private placement, the\nQualifying Transaction is expected to close in mid-October, 2008.\n\n\nThe Corporation is also pleased to announce that the Qualifying\nTransaction Property has received Building Owners Managers Association of\nCanada (BOMA) Go Green Certification. BOMA specifically developed this unique\nnational certification program for existing buildings in order to recognize\nand reward environmental leadership within the real estate industry. "BOMA's\ncertification is an excellent starting point. It is aligned with our mission\nwhich is to be the industry-leading real estate investment platform with an\nenvironmental and socially responsible approach to long-term value creation\nfor all of our stakeholders" added David Ogden, ISG's President and CEO.\n\n\nCompletion of the Qualifying Transaction is subject to a number of\nconditions, including but not limited to, TSXV acceptance and completion of\nthe proposed private placement. There can be no assurance that the proposed\nQualifying Transaction will be completed as proposed or at all.\n\n\nInvestors are cautioned that, except as disclosed in the management\ninformation circular, any information released or received with respect to the\nQualifying Transaction may not be accurate or comp...