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Acceptance of Takeover Offer Recommended by Directors - Directors Circular document mailed
TORONTO, Feb. 12 /CNW/ - Luxell Technologies Inc. (TSX:LUX) - On 7 January 2009, Luxell Technolog...
About this update from Newlox Gold Ventures Corp.
[{"type":"text","content":"\n\n\n\nTORONTO, Feb. 12 /CNW/ - Luxell Technologies Inc. (TSX:LUX) - On 7\nJanuary 2009, Luxell Technologies Inc. ("Luxell") announced that it was\nrecommending to its shareholders the acceptance of an offer to purchase all of\nthe issued and outstanding common shares of Luxell (the "Offer") from LUX\nAcquisition Corporation ("LAC"). The Offer was comprised of consideration in\nthe form of an unsecured promissory note issued by LAC in the principal amount\nof CDN$0.10 per share taken up under the Offer and due on the third\nanniversary of the closing of the bid (the "Notes").\n\n\nLuxell announces that a directors' circular (the "Directors' Circular")\ncontaining details of the Offer is being mailed to Luxell Shareholders today.\nAn offer document (the "Offer Document") has already been issued by LAC\ncontaining information on LAC and the full terms and conditions of the LAC\nOffer.\n\n\nThe Directors' Circular and the Offer Document will also be available on\nLuxell's website (www.luxell.com) and on SEDAR (www.sedar.com).\n\n\nAbout Luxell\n\n\nLuxell designs, manufactures and licenses flat panel display technologies\nand solutions for the defense and aerospace industries. More information can\nbe found at www.luxell.com. Luxell Technologies Inc., Luxell and Black Layer\nare trademarks of Luxell Technologies Inc. All other company and/or product\nnames are trademarks and/or registered trademarks of their respective\nmanufacturers.\n\n\nForward-Looking Statements\n\n\nThis news release contains certain "forward-looking statements" that\nreflect the current views and/or expectations of Luxell Technologies Inc. with\nrespect to its performance, business and future events. Such statements are\nsubject to a number of risks, uncertainties and assumptions. Actual results\nand events may vary significantly.\n\n\n%SEDAR: 00008266E\n\n\n","length":1981,"tagName":"div"}]