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Invesque Inc. Announces Current Support and Adjournment of Meeting for its 5.00% 2016 Convertible Debentures Due January 31, 2022
Invesque Inc. Announces Current Support and Adjournment of Meeting for its 5.00% 2016 Con...
About this update from Invesque Inc
[{"type":"text","content":"\n \n \n \n Invesque Inc. Announces Current Support and Adjournment of Meeting for its 5.00% 2016 Convertible Debentures Due January 31, 2022\n \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 Canada NewsWire\n \n \n \n \n \n \n \n \n \n TORONTO\n \n ,\n \n Nov. 1, 2021\n \n /CNW/ - Invesque Inc. (the \"\n \n Corporation\n \n \" or \"\n \n Invesque\n \n \") (TSX: IVQ) (TSX: IVQ.U) announced today that the meeting (the \"\n \n Meeting\n \n \") of the holders (the \"\n \n Debentureholders\n \n \") of its 5.00% 2016 Convertible Debentures due\n \n January 31, 2022\n \n (TSX: IVQ.DB.U) (the \"\n \n Debentures\n \n \") to consider certain enhancements to the terms of the Debentures (the \"\n \n Debenture Amendments\n \n \") will be called as scheduled on\n \n November 2, 2021\n \n at\n \n 10:00 a.m. (Eastern Time)\n \n , but will immediately be adjourned to\n \n November 15, 2021\n \n at\n \n 10:00 a.m. (Eastern Time)\n \n . The deadline for submitting proxies will now be\n \n November 12, 2021\n \n at\n \n 10:00 a.m. (Eastern Time)\n \n .\n \n \n The required quorum has been achieved for the Meeting and, of the proxies voted, over 60% have been voted in favour of the Debenture Amendments. The Meeting will be adjourned in order to allow Debentureholders who have not yet voted sufficient time to do so.\n \n \n The Debenture Amendments are described in Invesque's press release of\n \n September 27, 2021\n \n and management information circular dated\n \n September 30, 2021\n \n previously mailed to Debentureholders and made available under the Corporation's profile on SEDAR at\n \n www.sedar.com\n \n .\n \n \n \"We are very pleased with the response from the Debentureholders to date and thank those numerous holders who have already voted in favour of the proposal,\" said\n \n Scott White\n \n , Invesque's Chairman and Chief Executive Officer. \"Given the feedback we have received from Debentureholders we wanted to provide those who have not yet voted with more time to submit their votes.\"\n \n \n \n Board Recommendation\n \n \n \n The Board of Directors of I...